Sukanya Samriddhi Accounts Yojana

Sukanya Samriddhi Yojana is a small deposit scheme of the Government of India meant exclusively for a girl child and is launched as a part of Beti Bachao Beti Padhao Campaign

Bank of Baroda operates SSA scheme across its branches all over India.

Secure your daughter’s future

  • Opened by the natural/legal guardian of the girl child till she attains the age of 10 years.
  • Tax rebate under Sec 80C
  • Account opening with a min deposit of Rs. 250/- and thereafter any amount in multiples of Rs. 100/- with Max limit of Rs. 1.50 lacs in a Financial year
  • Premature withdrawal possible for medical/educational expenses
  • Accounts are transferrable to/from any Bank/Branch, Post Office
  • All Branches are authorized to open Sukanya Samriddhi Accounts


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.

Minimum amount

Rs. 250/- per annum is required to be deposited. The accounts in which minimum deposit is not made are treated as discontinued accounts. Such accounts can be regularised by payment of the minimum deposit of Rs. 250/- with a penalty of Rs. 50/- for each defaulted year.

Maximum amount

Rs. 1.5 Lac can be deposited in a financial year. The amount can be deposited in multiples of hundred on a single occasion or on multiple occasions but should not exceed the maximum limit.

Maturity period

The account shall mature on completion of 21 years.

Income Tax benefit

Deposits under ‘Sukanya Samriddhi Account’ scheme are eligible for Income tax deduction under 80C of Income-tax Act, 1961.

Interest Rate

The interest is paid as per the rate declared by Government of lndia from time to time. Present rate of interest is 8.5% p.a. w.e.f. 01.10.2018 to 31.12.2018

The interest is compounded annually.

Other features

Partial withdrawal, maximum up to 50% of balance standing at the end of the preceding financial year can be taken after Account holder’s attaining age of 18 years to meet the financial requirements of the account holder for the purpose of higher education and marriage.

If account is not closed after maturity, balance will continue to earn interest as specified for the scheme from time to time.

Normal premature closure will be allowed after completion of 18 years of age of account holder, provided that girl is married.

Last Visited Page

Back to Top