How to Transfer Sukanya Samriddhi Account
Sukanya Samriddhi Yojana
It is a Government-backed Scheme for creating a corpus
for your daughter’s education and career advancement
.
Who is Eligible?
A parent or legal guardian can open an account in the post office for a resident
Indian girl child aged up to 1
0
years
under SSY.
Why to Invest?
8% interest
per annum &
deduction up to ₹ 1.5 lakhs
under section
80C
of the IT Act.
How to Invest?
You can open a
Sukanya Samriddhi Account
for your girl child under 10 years old in any authorised
bank or post office branch
.
How to Open an SSY Account?
Visit & request a
Sukanya Samriddhi Account form
at your nearest post office or bank branch.
Special Feature
You can transfer the SSY Account from a
bank to a post office or vice-versa
.
Conditions to Transfer
The account can be transferred only from the branch that currently holds the
account. Submit valid identity proof.
How to Transfer?
Step 1:
Get a transfer form
your bank or post office branch where you hold the account and fill out the same.
Step 2:
Visit the original bank or post-office branch for the SSY account &
submit the form with the original passbook
.
Step 3:
Branch will review documents & process the transfer request by closing your account. You'll
get the documents for the new bank/post office
.
Step 4:
Visit the new bank/post office branch, submit the documents and a new account opening form, or
complete the process online
.
SSY Advantage
The SSY is an excellent long-term investment scheme as it provides the
benefit of annual compounding
.
Learn more
Sign Up
Earn 9 - 11%
Fixed Returns
More Wint Stories
Steps to Deposit Money in Sukanya Samriddhi Account Online
Investment Options for ₹10 lakhs to Get Fixed Returns