How to Apply Online for Sukanya Samriddhi Yojana (SSY) : A Step-by-Step Guide
Sukanya Samriddhi Yojana (SSY) is a popular savings scheme launched by the Government of India under the “Beti Bachao, Beti Padhao” initiative. Designed specifically for the welfare of the girl child, this scheme offers attractive interest rates, tax benefits, and long-term financial security. While traditionally the application was done offline, many leading banks now offer the facility to open an SSY account online. In this blog post, we’ll walk you through the details and step-by-step process to apply online.
What is Sukanya Samriddhi Yojana?
The Sukanya Samriddhi Yojana is a small deposit scheme specifically for a girl child. It allows parents or legal guardians to open an account in the name of their daughter, aiming to build a substantial savings corpus for her education or marriage. The scheme currently offers an interest rate of 8.2% per annum (as of 2025) and enjoys tax benefits under Section 80C of the Income Tax Act.
Key Features:
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Account can be opened for a girl child under 10 years of age.
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Minimum deposit: ₹250/year; Maximum: ₹1.5 lakh/year.
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Maturity: 21 years from the date of account opening or upon marriage after age 18.
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Partial withdrawals (up to 50%) allowed after the girl turns 18.
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Interest compounded annually and is fully tax-exempt.
Who is Eligible?
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Only one SSY account per girl child is allowed.
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The account can be opened by a parent or legal guardian.
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Maximum of two accounts allowed per family, except in the case of twins or triplets.
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The girl child must be below the age of 10 at the time of account opening.
How to Apply Online for SSY Account?
Although a fully digital process via the government’s NSC or Post Office is not available yet, many leading banks like SBI, ICICI, Axis Bank, HDFC, and Kotak Mahindra Bank allow you to start or complete the application process online, provided you are already a customer with a savings account.
Step 1: Log In to Your Bank Account
Log in to your net banking or mobile banking app. Ensure your KYC is updated and your account is active.
Step 2: Locate the SSY Section
Most banks provide access under the “Government Schemes” or “Investments” section. Click on “Sukanya Samriddhi Yojana.”
Step 3: Fill Out the Application Form
Complete the SSY application form with the following details:
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Name of the girl child
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Date of birth
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Address
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Guardian’s details
Step 4: Upload Required Documents
Prepare digital copies (PDF/JPEG) of:
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Girl child’s birth certificate
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Guardian’s Aadhaar card or PAN
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Passport-sized photographs
Step 5: Initial Deposit
Make an initial deposit of at least ₹250 through online banking (NEFT, IMPS, or internal transfer). You can also set standing instructions for yearly contributions.
Step 6: Submit & Verify
Once submitted, the bank will review and approve your request. A passbook will be issued digitally or sent to your registered address.
Documents Required
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Duly filled SSY account opening form (SSA-1)
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Birth certificate of the girl child
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Parent/guardian’s ID proof (Aadhaar, PAN, Passport, etc.)
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Proof of address
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Passport-size photograph of the guardian
Conclusion
Sukanya Samriddhi Yojana is not just a government scheme; it is a step towards securing your daughter’s future. With an impressive interest rate, tax-free returns, and a low-risk structure, SSY stands as one of the best long-term investment options for girl child education and marriage. Thanks to digital banking, opening an SSY account has never been easier. Just make sure you are an existing customer of a participating bank, and you can open and manage the account online without visiting a branch.
If you haven’t already, now is the perfect time to open a Sukanya Samriddhi Yojana account and contribute towards your daughter’s dreams.