How to open a Sukanya Samriddhi Account | Step by Step Guide

Generally, all banks that provide the facility to open a Public Provident Fund account offer one for Sukanya Samriddhi Yojana too.

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Generally, all banks that provide the facility to open a Public Provident Fund (PPF) account offer one for Sukanya Samriddhi Yojana (SSY) too.
A Sukanya Samriddhi Yojana (SSY) account can be opened in any authorised post office branch or authorised branches of commercial banks. Generally, all banks that provide the facility to open a Public Provident Fund (PPF) account offer one for Sukanya Samriddhi Yojana (SSY) too.

Documents that are required to open a Sukanya Samriddhi Yojana Account:
*Sukanya Samriddhi Yojana Account Opening Form.
*Birth certificate of the girl child (account beneficiary).

*Identity proof of the depositor (parent or legal guardian), i.e., PAN card, ration card, driving licence, passport.
*Address proof of the depositor (parent or legal guardian), i.e., passport, ration card, electricity bill, telephone bill, driving licence.

A sample of the form can be downloaded here.

One may also get the application form from the post office or the bank where the account has been opened.

Getting a passbook
Once the account is opened, the issuer gives a passbook. Here's a sample.

Transactions
Standing instructions can be given either at the branch or set through Netbanking for automatic credit to Sukanya Samriddhi Account.

Source: Information has been collected from the Ministry of Finance notification and the RBI website, and presented in manner that a lay reader can understand.

Disclaimer
Only those rules which hugely impact the buying decision are mentioned here. For complete information, you need to contact the issuer while applying for the scheme. Also, rules are subject to change and accordingly impact the buying decision.

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Terms related to Sukanya Samriddhi Account
'Depositor' means an individual who, on behalf of a minor girl child of whom he or she is the guardian, deposits money in an account under the rules.

'Post office' means any post office in India doing savings bank work and authorised to open an account under these rules.
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'Bank' means any branch of a commercial bank authorised by the central government to open an account under these rules.

'Guardian' is any person who is either the father or mother of the girl child or a person entitled under law to take care of property of minor until she turns 18.

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