• Sukanya Samriddhi Account is a Government of India backed saving scheme targeted at the parents of girl children.
  • The scheme encourages parents to build a fund for the future education and marriage expenses for their female child.


  • A Natural/ Legal Guardian can open account in the name of the girl child from the birth of the girl child till she attains the age of ten years.
  • Only one account is allowed per child.
  • Parents can open a maximum of two accounts for each of their children (exception allowed for twins and triplets).


  • Minimum Amount to be deposied per year is Rs. 1000/-
  • Maximum amount that can be deposited per year is Rs. 1.5 Lac.
  • If the minimum deposit is not made in a year, a fine of ₹50 will be levied.


  • Deposite Period: 14 years from the date of opening of the account.
  • Maturity Period: 21 years from the date of opening of the account.
  • Withdrawl before Maturity: The account allows 50% withdrawal at the age of 18 for higher education purposes.
  • Closure before Maturity: If the girl is over 18 and married, normal closure is allowed.

Income Tax Benfit

  • Deposit under ‘Sukanya Samriddhi Account’ scheme is eligible for Income tax benifit under 80C of Income-tax Act, 1961.
  • NOTE: please visit www.nsiindia.gov.in for latest instructions/ modification in the scheme.