Sukanya Samriddhi
Sukanya Samriddhi Yojana
सुकन्या समृद्धि योजना क्या है
Last reviewed: 11 November 2026
Sukanya Samriddhi Yojana is a small-savings account in a girl’s name. A guardian opens it. The girl herself operates it after she turns 18, once she has given the documents the account office asks for. The legal text is the Sukanya Samriddhi Account Scheme, 2019, notified as G.S.R. 914(E) on 12 December 2019.
It is not the same thing as Beti Bachao Beti Padhao. The campaign does not pay cash to a family. This account is a deposit you make, at a post office or an authorised bank, under rules fixed in the Gazette.
Launch
A Press Information Bureau note records that the account was launched on 22 January 2015 under Beti Bachao Beti Padhao. The campaign’s own story is on the Beti Bachao Beti Padhao page.
The rules that decide almost every question
| Question | Rule | Where it is written |
|---|---|---|
| Who | A girl who has not attained 10 on the opening date | Scheme, paragraph 3(1) |
| How many | One account for that girl. Usually two girls in a family, with a twin or triplet proviso | Paragraphs 3(2) to 3(4) |
| Where | Post office or authorised bank | NSI scheme page |
| Minimum | ₹250 in a financial year, then in multiples of ₹50 | Paragraph 4(1) |
| Maximum | ₹1,50,000 in a financial year | Paragraph 4(2) |
| How long you deposit | Until 15 years from opening | Paragraph 4(3) |
| Maturity | 21 years from opening | Paragraphs 2(1)(i) and 9(1) |
| Rate for Oct–Dec 2026 | 8.2% a year | NSI history and the DEA office memorandum of 30 September 2026 |
A missed minimum can be regularised before the 15-year deposit window ends, with a ₹50 penalty for each defaulted year plus the minimum deposit for those years. If it is not regularised in time, the deposits already in the account still earn the scheme rate until the account is closed. That is paragraph 4(4) and 4(5), and it is spelled out on the opening page.
Interest, in one paragraph
Interest is worked out for the calendar month on the lowest balance between the close of the fifth day and the end of the month, and it is credited at the end of the financial year. The rate is reviewed every quarter. For 1 October 2026 to 31 December 2026 it is 8.2% a year, unchanged from the previous quarter. The 2019 Gazette still prints 8.4% from the day it was notified. That is not the rate in force now. The interest-rate page has the history.
The calculator on this site is an estimate. It compounds once a year at a rate you can edit. It is not the monthly method in the Gazette.
Tax, only as NSI states it
The National Savings Institute says a deposit qualifies for deduction under section 80C, and interest earned in the account is free from income tax under section 10. These pages do not add a claim about the maturity amount. The short note is the tax page.
Taking money out
There are three different doors, and they are easy to mix up:
- Education, while the account is still open: up to half the balance, on Form-3, after she is 18 or has passed Class 10, whichever is earlier.
- Maturity: 21 years from opening, on Form-4.
- Closing early: death, extreme compassionate grounds (not before five years), or marriage after 18 inside the window the Scheme describes.
The withdrawal and maturity page keeps those three apart.
Where the account is actually opened
Not on this website. Take Form-1 and the birth certificate to a post office or an authorised bank. After a postal account already exists, India Post describes net banking deposits into a Sukanya Samriddhi account and an ePassbook. That is for an account that is already open. See how to open an account and India Post savings.
Related pages
Sukanya Samriddhi calculator
Estimate a Sukanya Samriddhi maturity from a yearly deposit of ₹250 to ₹1.5 lakh. Default rate 8.2% for Oct–Dec 2026. Nothing is sent.
How a Sukanya Samriddhi account is opened
Open a Sukanya Samriddhi account at a post office or authorised bank. Girl under 10, one account, Form-1 and birth certificate. Checker included.
Sukanya Samriddhi interest rate
Sukanya Samriddhi interest is 8.2% a year for 1 October to 31 December 2026, unchanged from the previous quarter. Full NSI history.
Withdrawal, maturity, and closing early
Education withdrawal up to 50% on Form-3, maturity at 21 years on Form-4, and the separate rules for closing early.
Tax on a Sukanya Samriddhi account
NSI says a Sukanya Samriddhi deposit qualifies under section 80C, and interest is free from income tax under section 10.
Frequently asked questions
Sukanya Samriddhi Yojana kya hai?
It is a small-savings account opened by a guardian in the name of a girl who has not attained the age of 10. The rules are the Sukanya Samriddhi Account Scheme, 2019.
When was it launched?
On 22 January 2015, the same day as Beti Bachao Beti Padhao, and under that campaign.
What is the minimum and maximum deposit?
At least ₹250 in a financial year, in multiples of ₹50. Not more than ₹1,50,000 in a financial year.
For how many years can I deposit?
Deposits may be made until 15 years from the date of opening. The account matures 21 years from opening, which is longer than the deposit window.
Is the interest rate the same at a post office and at a bank?
Yes. The Ministry of Finance notifies one rate for the scheme. It is not a separate post-office rate or a separate bank rate.
Where do I open it?
At a post office or an authorised bank, with Form-1 and the girl’s birth certificate. This website cannot open the account.