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.
Sir meri bati 13 years ki ha kay me account open kara sakta hu
Nahin, aap apni beti ki naam pe ye account open nahin kar sakte.
From when we can open the SSA Account in the banks….. as off now bank staff don’t know what is SSA…….asked from Corporation bank Dehi …… even bank seniors in head office is aslo not replying…..
Regards
Vivasvan
I think from next week banks will start opening these accounts. You can check with them again probably on Friday or so.
Sir ,
Mere firist daughter hue h jo matar one month ki h kya yeh yojana lagu hogi kya
Prithviji,
Aap apni beti ke naam pe ye account khulwa sakte ho.
sir iss scheme mein interest rate 9.1% Hai ya 9.10% hai
Hi Yatish,
9.1% aur 9.10% mein kya farak hai?
sir Allahabad bank me ye yojana hai…yadi hai to please link me application form
Yes, Allahabad Bank mein ye Joyana service ki jaayegi, but Allahabad Bank ne abhi forms dena shuru nahin kiya I think.
sir, single parent me se koi ek sukanya samriddhi yojana account khol sakta hai agar unka officially divorce na hua ho to?
Yes, khol sakte hain.
Sir
kya hr sal amount km ya jyada krr sakte h jese ki pehle sal 50k or dusre sal 75k or sal m ek bar hi jama krr dia kre.
Please reply
Nadeem
Yes, aap kitna bhi amount deposit kar sakte hain between Rs. 1,000 and Rs. 1.5 lakh. Aur saal mein ek baar hi zaroori hai, har mahine karna zaroori nahin.
Sir agar ladki ghar chod kar vagjati ha to
Sir.mai apni betica account kholke Rs.1000 per months bharta ho to aage mujhe kya faida hoga
Aapko aapke deposit pe 9.1% saal ka interest milega.
hello!!! sir,
This is Jyothsna who is eager to know the details about opening of bank account.So can u please help me in informing the details about it
Hi Jyothsna,
Which bank account you want to open and how can we help you in that?
Ssa Hi sar hame online banking se per Month deposit karna hi
Is scheme mein online deposit facility abhi available nahin hai.
Hi sir
This my child per month 1000/Deposit also
Aapki query clear nahin hai.
sir,i have open a account with deposit of rs-1000, so i want to know about it
What do you want to know about it?
SSA AGAR MAI 14/03/2015 KO KHULWATA HU TO MERA INTREST KAB JUDEGA 14/03/2016 ME AUR 1 MONTH ME 2 BAR DEPOSITE KAR SAKTE HAI AUR AGAR SSA POST OFFICE ME HAI TO MAI YE ACCOUNT IDBI BANK ME KAR SAKTA HU
1 month mein 2 baar paisa deposit kar sakte hain. Baad mein IDBI bank mein bhi migrate kar sakte hain. Interest calculation method abhi clear nahin hai, but mujhe lagta hai ye PPF ki tarah calculate hoga.
Meri beti ka umra 9 sal hai mei abhi account khulata hu aor Mai 30000 rupia sal ka jama karata hu to mughhe 21sal bad meri beti ko kitana milega
ham kam se kam kitne jma krva sakte hai or kya ham monthly jma kra sakte hai
Kam se kam Rs. 1,000 jama karaana hoga ek saal mein. Monthly bhi jama karwa sakte hain.
sir ,
I want to know for how much time this yogna will exist.
Mai agar iss ko november 2015 mein account apni beti ke naam se open karta hoo to account open ho jaye ga ?
Is Yojana ki koi aakhri date government ne announce nahin ki hai, to aap kabhi bhi account open karwa sakte ho.
Sir,
What happens if unfortunately Guardian of the girl faces any mishappening like death before maturity ? Will the amount till that time with interest be paid to girl or govt or bank will continue till maturity?
Under special circumstances, like death or medical support in life-threatening diseases etc., you can make a request to prematurely close the account and withdraw the amount.
Sir meri ak hi beti hai aur koi santan nhi hogi to uske liye aur koi plan hai ya yhi haai
Pawanji, aapka question clear nahin hai.
dear sir meri 3 bhatijiya hai 1 saal, 5 saal aur 9 saal mujhe form chahiye kha se milega or kitni maturity milegi
Ye form ka link hai – https://drive.google.com/file/d/0BxqJlviiJLfgSFl5ZTEtcXl3WU0/view
Maturity ke liye ye link check keejiye – http://www.onemint.com/2015/03/09/sukanya-samriddhi-yojana-calculating-maturity-value-after-21-years/
For two daughters is the max limit in one year Rs 1.5 lakh per account or 1.5 lakh combined?
Hi Kshitij,
As per the wordings of the Circular – “the total money deposited in an account on a single occasion or on multiple occasions shall not exceed one lakh fifty thousand rupees in a financial year”. So, I think one can contribute a total of Rs. 3 lakh in two accounts.