Sukanya Samriddhi Yojana (SSY)

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Sukanya Samriddhi Yojana (SSY): The Yojana completed 10 years encouraging families to invest in the bright futures of their daughters, fostering a culture of inclusion and progress.

  • About: SSY was launched on 22nd January 2015 by PM Modi, as part of the Beti Bachao, Beti Padhao Campaign.
  • 10 Years Strong: Over 4.1 crore accounts by Nov 2024.
  • Eligibility: For girls aged 0-10 years; only one account per child (exceptions for twins/triplets).
  • Documents Needed: Birth certificate, KYC identity & residence proof
  • Annual Deposit: Min ₹250 (Max ₹1.5 lakh); excess will be returned, Up to 15 years after account opening.
  • Account Management: Managed by the guardian until the girl turns 18.
  • Monthly Interest: Based on the lowest balance (calculated and credited annually).
  • Maturity: Account matures at 21 years.
  • Early Closure: Possible if the account holder marries (minimum age 18), with documentation.
  • Education Withdrawals: Up to 50% for education after 18 years or completing 10th grade.
  • Limit: One withdrawal per year, up to 5 years.
  • Premature Closure: Death or Compassionate Grounds, immediate closure with necessary documents, and No Closure in First 5 Years.
  • Securing Futures: SSY is a game-changer in empowering families, fostering financial discipline, and promoting gender equity for India's daughters.


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