Child Scheme

sukanya samriddhi yojana - feature

By Rajendra

Sep 14, 2022

opened at any point after the arrival of a baby girl until she reaches the age of 10

image credit- HDFC MF

Min Deposit 250 Max Deposit 1.50 lakh

Interest Rate


Only for Girl Child age below 10 year allow

How long you pay

Deposits can be made until the end of 15 years from the opening date.  Min 250 every year

Every Quarter Interest Rate Change - No Fixed Interest . Interest is calculated annually on compound basis

The account will mature upon its completion, 21 years after its opening. Partial withdrawal is allowed with conditions.


A/c Opening Rules

Only two SSY accounts are permitted for families. One account each girl child

One child more than one account not allow

* Child Birth Proof * Guardian Aadhar number * Photo * KYC documents

Documents  required 

Yearly Investment - 1.50 lakh

Maturity Example

Investment Duration - 15 year

Interest Rate - 7.60% p.a.

Total Investment -  22.50 lakh

Maturity Value 65.93 lakh

Total Interest earn 43.43 lakh

Maturity Example

First you can open account physically with KYC documents, then you can make a deposit online. Certain banks offer online transfer facilities.

Online Account Opening