How to Check Your Sukanya Samriddhi Account Investment and Interest Accumulated

The Sukanya Samriddhi Yojana (SSY) is a government-backed scheme aimed at securing the financial future of a girl child. Parents can open an account for their daughters below the age of 10 and invest for a period of 15 years, with the account maturing after 21 years. The minimum annual investment is Rs 250, while the maximum is Rs 1.5 lakh, currently earning an interest rate of 8.2%. This makes it a solid option for saving a substantial amount for your daughter’s future.

Want to Check Your SSY Investment and Interest?

If you have been investing in an SSY account for your daughter and wish to know how much you have deposited and the interest accumulated, you can check your account details from home. Here’s how:

Online Balance Check Process

1. Obtain Login Credentials: Contact the bank where the SSY account is held to get your internet banking credentials. Note that not all banks offer this service yet.
2. Login to Internet Banking: Use your bank’s online portal and log in with the credentials provided.
3. Check Your Balance: Once logged in, navigate to the homepage to view your account dashboard, which displays the balance and other SSY account details.

Offline Balance Check

If your bank does not offer online access, visit the bank or post office where you opened the account to check the balance.

What Can You Do Online with an SSY Account?

• Download Forms: Access and download the SSY application form.
• Deposit Funds: Make deposits to the account online.
• Check Balance and Statements: View balance and account statements online.
• Account Transfer: Transfer the account to a different branch.
• Mature Account Transfer: Transfer the maturity amount directly to the girl’s account upon maturity.

Steps to Open an SSY Account

1. Download and Fill the Form: Go to your bank or post office’s website, download the SSY application form, print it, and fill it out.
2. Prepare Documents: Attach the necessary documents, including the birth certificate of the girl, photographs, and the guardian’s ID.
3. Submit at Branch: Visit the bank or post office with the completed form and original documents for verification.
4. Account Approval: Once verified, the account will be opened in your daughter’s name, allowing you to manage various transactions online.

Investing in the Sukanya Samriddhi Yojana ensures a secure future for your daughter while offering attractive interest rates and tax benefits.