Sukanya Samriddhi Account Balance

Learn how to check your Sukanya Samriddhi account balance online.
SSY Account Balance Check
4 min

National Savings Schemes are one of the safest savings instruments available to the masses in India. Sukanya Samriddhi Yojana (SSY) is one such targeted savings scheme backed by the Indian government. It is specifically designed to secure the future of a girl child.

Sukanya Samriddhi Yojana

Sukanya Samriddhi Yojana (SSY), launched as part of the "Beti Bachao - Beti Padhao" initiative, empowers the lives of girl children across India. This small deposit scheme allows parents or guardians to open an account for girls under 10 years old. Key benefits include attractive interest rates (often exceeding market standards) and significant tax advantages.

The SSY account matures after 21 years, ensuring a substantial corpus for the girl child. An 8-year lock-in period safeguards the investment, with limited premature withdrawal options available once the girl reaches 18.

If you are looking for a safe investment option, you can consider fixed deposit. They offer guaranteed returns and a fixed interest rate throughout your investment tenure.

How to apply for SSY

You can open an SSY account at authorised banks or post offices. Here is the documentation you will require:

  • Child's birth certificate: This is essential to confirm the girl child's eligibility.
  • Parent/Guardian photo ID: Any government-issued ID (Aadhar card, passport, driving license, etc.)
  • Parent/Guardian address proof: Utility bill, voter ID, or other documents showing your current address
  • KYC Identification

With the above documentation handy, you first have to enrol for the Sukanya Samriddhi Yojana by downloading the online form. This can be downloaded from the Reserve Bank of India (RBI) website, participating banks’ website, or the Indian Post website. After this, you can open an account under the SSY scheme by visiting any participating financial institution.

Remember that you will have to make a deposit in the account, which can range from Rs. 250 to Rs. 1.5 lakh.

Sukanya Samriddhi Yojana balance check

Online method

  • Internet banking: If your SSY account is linked to your bank's online portal, you can easily view your balance and transaction history anytime.
  • Mobile banking app: Many banks offer apps that provide balance information and account statements on the go.

Offline method

  • Physical passbook: Visiting your bank or post office branch to update your passbook will show your current balance and interest earned.
  • Bank/Post office inquiry: You can directly inquire about your balance in person or potentially by phone with the institution where you hold the account.

Tax benefits on Sukanya Samriddhi Yojana

Sukanya Samriddhi Yojana enjoys several tax breaks under Section 80C of the Income Tax Act. Interestingly, besides PPF, SSY is the only savings scheme in the country that enjoys an EEE (Exempt-Exempt-Exempt) status. This means that the SSY deposits, interest accrued, proceeds, and maturity amounts are all exempt from being taxed.


The Sukanya Samriddhi Yojana (SSY) represents more than just a savings scheme; it is a symbol of empowerment for young girls across India. Aligned with the 'Beti Bachao - Beti Padhao' initiative, SSY offers competitive interest rates and comprehensive tax benefits under Section 80C of the Income Tax Act.

If you are looking for safe investment option, then you can consider investing Bajaj Finance Fixed Deposit. With a top-tier AAA rating from financial agencies like CRISIL and ICRA, they offer one of the highest returns, up to 8.85% p.a.

Calculate your expected investment returns with the help of our investment calculators

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Frequently asked questions

What is the minimum balance in Sukanya?

The minimum balance that can be maintained in a Sukanya Samriddhi Account is Rs. 250. However, making a minimum deposit of Rs. 250 every subsequent year is mandatory. Otherwise, a penalty of Rs. 50 will be levied on the account.

Is there any app for Sukanya Samriddhi Account?

Yes. You can download the Sukanya Samriddhi Account Mobile Application on your Android smartphone.

When can I withdraw my Sukanya account?

SSY accounts have a minimum lock-in period of 8 years. The girl child can make a premature withdrawal from her SSY account once she turns 18. The maximum that can be withdrawn is 50% of the balance amount. The full amount can only be withdrawn after the maturity period of 21 years is complete.


As regards deposit taking activity of Bajaj Finance Ltd (BFL), the viewers may refer to the advertisement in the Indian Express (Mumbai Edition) and Loksatta (Pune Edition) furnished in the application form for soliciting public deposits or refer
The company is having a valid Certificate of Registration dated March 5, 1998 issued by the Reserve Bank of India under section 45 IA of the Reserve Bank of India Act, 1934. However, the RBI does not accept any responsibility or guarantee about the present position as to the financial soundness of the company or for the correctness of any of the statements or representations made or opinions expressed by the company and for repayment of deposits/discharge of the liabilities by the company.

For the FD calculator the actual returns may vary slightly if the Fixed Deposit tenure includes a leap year.