Sukanya Samriddhi Yojana (SSY) 2025 – Full Details, Benefits, Interest Rate & Download Form
The Sukanya Samriddhi Yojana (SSY) is one of the most popular small savings schemes in India, aimed at securing the financial future of girl children. Introduced under the “Beti Bachao, Beti Padhao” campaign, SSY is a government-backed savings scheme designed specifically for parents of a girl child to encourage long-term investment for her higher education and marriage.
📌 Overview of Sukanya Samriddhi Yojana (SSY)
| Feature | Details |
|---|---|
| Scheme Name | Sukanya Samriddhi Yojana (SSY) |
| Launched By | Government of India |
| Launch Year | 2015 |
| Objective | Financial security for girl child’s education and marriage |
| Eligibility | Girl child below 10 years |
| Account Opening Places | Post Offices, Public Sector Banks, Authorized Private Banks |
| Minimum Annual Deposit | ₹250 |
| Maximum Annual Deposit | ₹1.5 lakh |
| Interest Rate (Q1 FY 2025) | 8.2% per annum (compounded annually) |
| Tenure | 21 years or until girl’s marriage after 18 |
| Tax Benefit | Up to ₹1.5 lakh under Section 80C of Income Tax Act |
🎯 Objectives of SSY Scheme
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Promote the habit of savings among parents for their daughter’s future.
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Ensure financial support for education and marriage of the girl child.
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Encourage equality and empowerment of girls under “Beti Bachao, Beti Padhao” mission.
👧 Eligibility Criteria for Sukanya Samriddhi Yojana
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Girl child must be below 10 years of age at the time of account opening.
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Only one SSY account can be opened per girl child.
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Maximum two accounts per family (for two girls). In case of twins/triplets, exceptions apply.
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The account can only be opened by the parents or legal guardian.
💰 SSY Interest Rate 2025
The government revises SSY interest rates every quarter. For April–June 2025 (Q1 FY 2025-26):
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Interest Rate: 8.2% p.a. (compounded yearly)
The interest is credited annually and calculated on the lowest balance in a calendar month between the 5th and the end of the month.
📈 Sukanya Samriddhi Yojana Calculator – Maturity Example
Suppose you deposit ₹1,50,000 per year for 15 years.
| Parameter | Value |
|---|---|
| Annual Deposit | ₹1,50,000 |
| Tenure of Deposit | 15 years |
| Interest Rate | 8.2% (subject to change) |
| Maturity Year | 21st year |
| Approx Maturity Value | ₹65+ lakhs (non-taxable returns)* |
*This is an estimate. Use official SSY calculators for accuracy.
📄 Documents Required to Open SSY Account
| Document | Purpose |
|---|---|
| Birth Certificate of Girl Child | Age proof |
| Aadhar Card of Parent/Guardian | Identity proof |
| PAN Card/Voter ID/Driving License | Address & ID proof |
| Passport-size Photo | For records |
| SSY Account Opening Form | Application form (download below) |
| Initial Deposit Receipt | Minimum ₹250 deposit |
🏦 How to Open Sukanya Samriddhi Account (Offline)
You can open an SSY account at any Post Office, SBI, BOB, PNB, Canara Bank, or other authorized banks.
✅ Step-by-Step Process:
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Visit your nearest Post Office or Bank.
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Ask for Sukanya Samriddhi Account Opening Form (or download below).
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Fill out the form with correct details of the girl child and guardian.
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Attach the required documents.
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Make the initial deposit (₹250 to ₹1.5 lakh).
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The bank will issue a passbook and confirm account creation.
🖨️ Download Sukanya Samriddhi Yojana (SSY) Form 2025
You can download the official SSY account opening form from:
🔗 Download SSY Account Form (PDF)
(Go to: Savings Account Forms > Sukanya Samriddhi Account Opening Form)
Also available on:
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[Your bank’s official website]
📝 Sukanya Samriddhi Account Rules & Withdrawal Guidelines
🔸 Tenure of Scheme:
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21 years from account opening date
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Or until girl’s marriage after age 18
🔸 Deposit Duration:
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Deposits required for only 15 years
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After that, account earns interest till maturity
🔸 Premature Withdrawal:
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Allowed after girl turns 18, up to 50% of balance for education or marriage
🔸 Account Closure:
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On maturity (21 years) or marriage after 18
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Entire maturity amount is tax-free
✅ Benefits of Sukanya Samriddhi Yojana
| Benefit | Details |
|---|---|
| High Interest Rate | 8.2% per annum – higher than FD, PPF, or savings accounts |
| Tax Free Returns | Under Section 80C – investment + interest + maturity is tax-free |
| Secure Investment | Government-backed scheme |
| Girl Child Empowerment | Encourages long-term saving for education and marriage |
| Minimum Investment Option | Start with just ₹250 per year |
| Flexible Deposit Amount | Deposit anytime in multiples of ₹100 (max ₹1.5 lakh/year) |
📱 SSY Account Online Monitoring
While SSY accounts are opened offline, many banks now offer online access to passbook, balance check, and statements through:
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SBI Yono App
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India Post Mobile Banking
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PNB One
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HDFC NetBanking
Ask your bank for online login or SMS alerts at the time of account opening.
🙋♀️ Frequently Asked Questions (FAQs)
❓ Q1. Can I open an SSY account online?
No. You must visit a bank or post office physically to open an account. Online tracking may be available after that.
❓ Q2. What is the current SSY interest rate?
As of Q1 FY 2025, it is 8.2% per annum, compounded annually.
❓ Q3. Can I withdraw before maturity?
Yes. After the girl child turns 18, up to 50% can be withdrawn for education. Full withdrawal only after 21 years or marriage after 18.
❓ Q4. How many accounts can be opened per family?
Maximum two SSY accounts per family, except in case of twins or triplets.
❓ Q5. Is SSY better than PPF?
SSY offers a higher interest rate than PPF and is tailored for girl child’s future, making it ideal for that purpose.
❓ Q6. Can NRIs open SSY accounts?
No. Only resident Indians can open SSY accounts.
🔗 Important Links
| Description | Link |
|---|---|
| SSY Official Guidelines | https://www.nsiindia.gov.in |
| India Post SSY Page | https://www.indiapost.gov.in |
| Download SSY Account Form (PDF) | Click Here |
| Income Tax Act - Section 80C | https://incometaxindia.gov.in |
| SBI Sukanya Page | https://sbi.co.in |
📢 Conclusion
Sukanya Samriddhi Yojana 2025 is an excellent savings instrument for parents looking to build a secure and financially strong future for their daughters. Its high interest rate, tax-free returns, and government security make it one of the best investment schemes in India.
Open an account today for your daughter’s education and marriage, and take advantage of the long-term benefits that SSY offers. Don’t forget to download the form and visit your nearest post office or bank to get started.