Sukanya Samriddhi Yojana (Savings for a Girl Child)

What is it

A safe, high-interest savings account for a girl child, to build up money for her education and future.

Am I eligible

A parent or guardian can open the account for a girl child any time before she turns 10 years old. One account is allowed per girl child, and normally up to two accounts per family (two daughters).

What you get

Government-backed savings earning a high interest rate (currently 8.2% a year, revised by the government every quarter), with income-tax benefits. You can deposit from ₹250 up to ₹1.5 lakh a year. Deposits are made for 15 years; the account matures 21 years after opening, and part of the money can be taken out for her higher education after she turns 18.

Documents needed

Tick off what you have. Use “Download checklist” to print a clean list to carry.

How to apply

1. Visit any post office or an authorised bank branch.
2. Ask for the Sukanya Samriddhi account opening form.
3. Submit the girl child's birth certificate and your ID and address proof.
4. Make the first deposit (at least ₹250) to open the account, and keep the passbook safe.

Official link

Last verified: 2026-07-18