👩 Women & girls · Ministry of Finance (post offices and banks)
Sukanya Samriddhi Yojana (SSY)
A high-interest, tax-free savings account for a daughter's education and marriage.
What you get
Tax-free savings for your daughter from ₹250 a year
🔗 Direct official links
These open the government website in a new tab. Applying there is free; never pay anyone for a form.
✅ Benefits
- Interest rate set by the government every quarter, among the highest of small savings schemes.
- Deposit ₹250 to ₹1.5 lakh a year for 15 years; the account matures when it is 21 years old.
- Deposits qualify for tax deduction (80C) and the interest and maturity amount are tax-free.
👤 Who can apply
- A girl child below 10 years of age; the account is opened by a parent or guardian.
- Up to two girls per family (three in the case of twins / triplets).
📄 Documents needed
- Girl's birth certificate
- Parent's / guardian's Aadhaar and PAN
- Address proof
- Photos
📝 How to apply
- Visit any post office or authorised bank branch.
- Fill the SSY account opening form with the documents.
- Make the first deposit (minimum ₹250) and collect the passbook.
Benefits in detail
- Interest rate set by the government every quarter, among the highest of small savings schemes.
- Deposit ₹250 to ₹1.5 lakh a year for 15 years; the account matures when it is 21 years old.
- Deposits qualify for tax deduction (80C) and the interest and maturity amount are tax-free.
- Up to 50% can be withdrawn after the girl turns 18, for education.
Who can apply
- A girl child below 10 years of age; the account is opened by a parent or guardian.
- Up to two girls per family (three in the case of twins / triplets).
Documents needed
- Girl's birth certificate
- Parent's / guardian's Aadhaar and PAN
- Address proof
- Photos
How to apply, step by step
- Visit any post office or authorised bank branch.
- Fill the SSY account opening form with the documents.
- Make the first deposit (minimum ₹250) and collect the passbook.
Last checked against the official website: 26 Sept 2026
Amounts and rules can change. The official website is always final. YojanaHelper is an independent guide, not a government website.
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