Key Benefits

• High interest rate:: ~8.2% per annum (among the highest for risk-free instruments)

• Tax benefits:: Investment qualifies for Section 80C deduction (up to ₹1.5 lakh)

• Tax-free returns:: Interest earned and maturity amount are fully tax-free (EEE status)

• Low minimum deposit:: Just ₹250/year

Who is Eligible?

• Girl child: below 10 years of age at the time of account opening

• Account opened by parent or legal guardian

• Maximum 2 accounts per family (one per girl child)

• Third account: allowed only in case of twins/triplets (with proof)

Documents Required

• Birth Certificate: (mandatory)

• [Aadhaar](/guide/aadhaar-card-apply-online) Card: (if available)

• Aadhaar Card

• [PAN](/guide/pan-card-apply-online) Card: (for deposits above ₹50,000)

Step 3: Fill the Form

• Girl child's name and date of birth

• Parent/guardian's name and details

• Bank/post office details

Step 4: Submit Documents

• Birth certificate of girl child

• ID and address proof of guardian

Step 6: Account Opened

• Passbook issued on the spot

• Account number provided

• Start making annual deposits

Read the Full Guide

Complete guide to Sukanya Samriddhi Yojana. Interest rate, eligibility, how to open account, tax benefits, and withdrawa

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