Sukanya Samriddhi Yojana – Application Form & List of Banks to Open an Account

This post is written by Shiv Kukreja, who is a Certified Financial Planner and runs a financial planning firm, Ojas Capital in Delhi/NCR. He can be reached at skukreja@investitude.co.in

It has been over a month now since the government launched the “Sukanya Samriddhi Yojana” on January 22nd. But, no authorised public sector bank has the details or the application form of this scheme till date to help investors open an account. Even the post offices are not providing the application form or the details of the scheme easily.

On behalf of the general public, I would like to ask the government why do we announce such schemes when we do not have the basic infrastructure to help those for whom these schemes are being launched? I know I’ll not get any reply, but I really want to know when will our governments or public sector offices start working in an efficient manner?

Why don’t we privatise our post offices, banks or such other public sector organisations which have been operating highly inefficiently for years and years now? If we cannot privatise these organisations due to political compulsions, why don’t we make them improve their efficiency levels?

Yesterday I posted various salient features of this scheme and today I received a few emails asking for the list of banks where this account can be opened. I also got queries asking for the application form to open an account. Here is the extract of one such mail.

Hello Mr. Kukreja,

I just read your article and your views over Pradhanmantri Sukanya Samriddhi Yojana. It was fabulous to read. Very clear and understanding information.

Actually i need a help or say favour from you. Am trying to get the Account Opening Form of above said scheme, but i didnt find any. Could you pls mail me the form of the same, so that without wasting any time i can proceed with the investment.

If you say that, collect from the post at nearby my residence, well sir i have inquired but they have none.

So its a kind request to you.

Overall thanks once again for your information and guidance.

Application Form for opening a Sukanya Samriddhi Account in a Post Office

To open an account under this scheme, the application form is still not available on the website of India Post. However, you can use this application form for getting your account opened with any of the post offices. I have downloaded this form from the website of India Post itself. Though this application form is still not updated, with ‘SSA’ missing on the top of this form, I have been told that the post offices will not refuse to accept this form.

However, here is one more link to the application form with which you can download the updated application form.

You can also print the application form from this circular of the Department of Posts, Ministry of Communications & IT, dated January 21, 2015. This circular also has the Notification No. G.S.R. 863(E) dated December 2, 2014, having all the rules & regulations of Sukanya Samriddhi Yojana. This circular has the application form on the 9th page.

List of Banks which have been authorised to open Sukanya Samriddhi Account

Here is the list of scheduled commercial banks which have been authorised to open accounts under Sukanya Samriddhi Yojana:

* State Bank of India (SBI)

* Bank of Baroda (BoB)

* Punjab National Bank (PNB) – Website Link – Contact No. – 011-25744370

* Bank of India (BoI)

* Canara Bank

* UCO Bank

* United Bank of India

* Andhra Bank

* Allahabad Bank

* Indian Bank

* Corporation Bank

* Central Bank of India

* IDBI Bank

* Dena Bank 

Once these banks upload the application form on their respective websites, I’ll share the links to their forms in front of their names.

I am sure many of you must be facing difficulties in getting the required information about this scheme and also you would be in a hurry to open this account before the financial year ends. I would advise you to approach post offices as of now because some of the banks will take their own sweet time to get their branch personnel updated. I am sure you will get the option to migrate to the bank of your choice at a later date.

If you get any useful info/link regarding this scheme or have any of your good/bad experiences or any query, please share it all here.

1,575 thoughts on “Sukanya Samriddhi Yojana – Application Form & List of Banks to Open an Account”

  1. Sir meri ladiki ko chaar saal hey.how to apply the form.har mahina kithana investment karna padega.her sal ko 1200 deposit karne tho after21 yrs kithana ayeega?pls inform me

  2. Sir main last week post office main gaya tha SSA acount open Karen PR post office s reply mila Ki abhi hamare yaha form nahi aaya hai m Kolkatta ke kalakar street post office m gaya tha.

  3. Sir,
    Mai Assam ke Kokrajhar district ke Gossaigaon me rahta hu. Sare bank ur postoffice ka kai bar chakkar kat chuka hu .par sab ne kuch na kuch kahani suna diya. Kahi ssa nahi khulwa paya. Pls help me.

  4. Hello sir,good evening
    Im very confused that my daughter date of birth is 05.08.2004. Sir Can I open suknnya samriddhi scheme a/c pls reply me sir.

  5. sir if i deposit 500per month for 14 years what will be the return amound i get after 21year of child. niw my daughter 110 days old. pls reply to this sir.

  6. My cousin has a child born in US and he will be coming back to India soon, can he avail the Sukanya Samriddhi Yojana for his daughter?

  7. Sir
    Please provide me a link or anything containing SSA application form, preferably in a pdf format. Finding hard for a clear one on net.

  8. My daughter is born on may 2007.
    1. How many years I’ve to pay if I open account on this month?
    2. Can I deposit 1.5L this year.
    3. If I pay the same above amount every year then what will be the final maturity amount.
    4. I guess interest is tax free.

    1. 1. 14 Years
      2. Yes, you can deposit Rs. 1.5 lakh this year.
      3. It will depend on the rate of interest every year and the timing of your contribution.
      4. Yes, interest is tax-free.

  9. Hi,
    I already have an account of my daughter in HDFC bank from past 5 years..can this be converted into SSA? I know HDFC is not a authorized ban. Please clarify…thanks

  10. Sir my daughter age is 8 yrs my plan is invest 1000rs per month is It possible to invest evry month and how many years I hv to invest and how much o will get after 21 yrs.pls clarify sir

    1. Yes, it is allowed to invest Rs. 1,000 every month. You need to invest for 14 years. Also, based on certain assumptions and 9.1% rate of interest, it should be Rs. 52,605 after 21 years.

  11. Dear Sir plz conform me
    18 sall bad 50% nikal sakate hai kya aur 14 saal paisa dipost karna hai ya 21 sall

  12. My daughter’s d.o.b is 26.2.2004 ,if we pay rs. 60000 per Ann. When we can close the account , and how much amount we will get at the age of her21 yes.

      1. Dear sir
        my daughter date of borthsept 2006 ,if we pay 1000per month .when we can close the acccount, and how much amount we will get at age of her21 year.

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