Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Scheme typeGovernment of India Sukanya Samriddhi Account Scheme 2019 serviced by SBIView source
The account is a government girl-child welfare scheme offered through rather than a bank-issued deposit variant.
- Source
- Sukanya Samriddhi Account Scheme 2019
- Page / section
- Features
- Accessed
- 12 Aug 2026
- Confidence
- high
Beneficiary and guardianA natural or legal guardian opens on behalf of an eligible resident Indian girl childView source
The official scheme rules require the beneficiary to be a resident Indian citizen at opening and remain so until maturity or closure.
- Source
- Sukanya Samriddhi Account Scheme 2019
- Page / section
- Features — purpose and guardian
- Accessed
- 12 Aug 2026
- Confidence
- high
Girl-child account limitUp to two girl children, with an exception for twin girls as the second birth or three girls born in the first birthView source
The multiple-birth exception is scheme-specific and subject to current documentary conditions.
- Source
- Sukanya Samriddhi Account Scheme 2019
- Page / section
- Features
- Accessed
- 12 Aug 2026
- Confidence
- high
Annual contributionMinimum ₹250, then multiples of ₹50, up to ₹1,50,000 per financial yearView source
The ₹250 is the initial and annual minimum printed by ; the annual ceiling is ₹1.5 lakh.
- Source
- Sukanya Samriddhi Account Scheme 2019
- Page / section
- Features — contribution
- Accessed
- 12 Aug 2026
- Confidence
- high
Maturity and contribution periodMatures 21 years from opening; contributions may be made for up to 15 years from openingView source
The deposit window ends before the account's 21-year maturity.
- Source
- Sukanya Samriddhi Account Scheme 2019
- Page / section
- Features — tenure
- Accessed
- 12 Aug 2026
- Confidence
- high
Current government-set Sukanya rate8.20% p.a. for 1 July through 30 September 2026Effective 1 Jul 2026View source
The Ministry memorandum keeps all small-savings rates unchanged for . The government reviews the rate periodically; page still labels an older 2024 date, so that stale date is not repeated as current evidence.
- Source
- Government of India Small Savings Interest Rates — 2026-27
- Page / section
- Page 1 — rates unchanged from 2026-27; paired with the government-published continuing 8.20% Sukanya rate
- Accessed
- 12 Aug 2026
- Confidence
- high
Interest treatmentGovernment-notified rate compounded annually, with the page describing an optional monthly payout calculated on completed-thousand balancesView source
The applicable government notification and current scheme rules control the calculation and any payout option.
- Source
- Sukanya Samriddhi Account Scheme 2019
- Page / section
- Features — interest
- Accessed
- 12 Aug 2026
- Confidence
- high
Purpose-based withdrawalUp to 50% of the previous financial year-end balance for education, or marriage after the beneficiary reaches age 18, subject to scheme rulesView source
Current scheme documentation and evidence requirements determine the timing and amount permitted for each purpose.
- Source
- Sukanya Samriddhi Account Scheme 2019
- Page / section
- Features — Withdrawal
- Accessed
- 12 Aug 2026
- Confidence
- high
Premature closureOn beneficiary death, or after five years for documented extreme compassionate grounds such as life-threatening disease or guardian death; other closures receive only the applicable post-office savings rate under scheme rulesView source
summarizes death and compassionate grounds; the official rules establish the five-year and fallback-rate details.
- Source
- Sukanya Samriddhi Account Scheme 2019
- Page / section
- Rule 7 — Premature closure
- Accessed
- 12 Aug 2026
- Confidence
- high
Irregular-account revival₹50 for each default year plus the required minimum amount for that yearView source
Revival requires both the penalty and the missed annual minimum described by .
- Source
- Sukanya Samriddhi Account Scheme 2019
- Page / section
- Features — Irregular Payment / Revival
- Accessed
- 12 Aug 2026
- Confidence
- high
Contribution channelsCash, cheque, demand draft, transfer or internet banking; standing instructions at a branch or through internet bankingView source
describes automatic standing-instruction credits but does not publish a separate online account-opening URL on this page.
- Source
- Sukanya Samriddhi Account Scheme 2019
- Page / section
- Features — payment modes and
- Accessed
- 12 Aug 2026
- Confidence
- high
Latest government rate notificationFor 1 July-30 September 2026, interest rates on Small Savings Schemes remain unchanged from the rates notified for 1 April-30 June 2026. The one-page Q2 memorandum does not repeat the scheme-wise rate table, so it is evidence of continuity and not an independent source for numeric scheme rates.Effective 1 Jul 2026View source
All text, date boundaries and the unchanged-rate qualification from the complete one-page memorandum are retained.
- Source
- Government of India Small Savings Interest Rates — 2026-27
- Page / section
- Page 1 — Office Memorandum dated 30 June 2026
- Accessed
- 13 Aug 2026
- Confidence
- high
Senior-citizen rateNot applicable: the reviewed scheme terms publish a scheme- or programme-specific rate and do not provide a separate senior-citizen rate for this product.View source
The full product terms and applicable rate routes were reviewed; no separate senior-citizen rate is published for these schemes/programmes.
- Source
- government and programme deposit scheme terms
- Page / section
- Scheme interest-rate and eligibility terms
- Accessed
- 29 Aug 2026
- Confidence
- high
Geographic limitsA natural or legal guardian opens on behalf of an eligible resident Indian girl childView source
The manually reviewed product record states: “A natural or legal guardian opens on behalf of an eligible resident Indian girl child”.
- Source
- Sukanya Samriddhi Account — official product page
- Page / section
- Published product metadata
- Accessed
- 12 Aug 2026
- Confidence
- high
Interest payout / redemptionUp to ₹1.5 lakh annual contributionView source
The manually reviewed product record states: “Up to ₹1.5 lakh annual contribution”.
- Source
- Sukanya Samriddhi Account — official product page
- Page / section
- Published product metadata
- Accessed
- 12 Aug 2026
- Confidence
- high
Minimum depositContributions from ₹250 per yearView source
The manually reviewed product record states: “Contributions from ₹250 per year”.
- Source
- Sukanya Samriddhi Account — official product page
- Page / section
- Published product metadata
- Accessed
- 12 Aug 2026
- Confidence
- high
Benefits and features
- Government-set 8.20% rate for the current quarter
- Contributions from ₹250 per year
- Up to ₹1.5 lakh annual contribution
- Annual compounding
- Branch and internet-banking contribution routes
- Purpose-based education or marriage withdrawal
Eligibility
- The beneficiary must meet current citizenship and residency requirements throughout the account under scheme rules.
- The ordinary family limit is two girl children, subject to the documented multiple-birth exception.
- The government can revise the rate; 8.20% applies through 30 September 2026.
- page labels its on-page 8.20% figure with a stale January-March 2024 date; the current rate here is established from the newer government unchanged-rate chain.
- Withdrawal, closure and tax treatment follow current government rules rather than discretion.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- and Sukanya account-opening form required by and current scheme rules
- Girl child's proof of birth, citizenship/residency and guardian relationship as applicable
- Documentary proof for the multiple-birth exception where used
- Education, marriage, death or compassionate-ground evidence for an applicable withdrawal or closure request
Related official documents
Government of India Small Savings Interest Rates — Q2 FY 2026-27government-interest-rate-office-memorandum · current · accessed 12 Aug 2026
↗Sukanya Samriddhi Account Scheme 2019government-scheme-rules · current · accessed 12 Aug 2026
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