• Investment made eligible for tax rebate under 80C.
• Attractive Rate of Interest.
• Tax Free Interest accrued on deposits.
• Premature withdrawal facility available.

• Minimum deposit is Rs 250/- & Maximum deposit is Rs 1,50,000/- in a Financial Year.
• The SSY matures on completion of a period of 21 years from the date of the opening of account.
• The deposits may be made in the account till the completion of a period of 15 years from the date of opening of account.
• Nomination is allowed for one or more individuals, but not exceeding four individuals, at the time of opening of account or at any time before the maturity of account.
• The closure of the account may also be permitted before completion of 21 years as per scheme guidelines.
• Account can be opened both online mode (through net banking/mobile banking (ai1)) and offline mode (in bank branches).
• Transfer of Account facility available as per scheme guidelines.
• Premature Closure available as per scheme guidelines.

• The account may be opened by one of the guardian (who is a Resident Citizen of India) in the name of a girl child, who has not attained the age of 10 years as on date of opening of the account.
• Every account holder shall have a single account under this Scheme.
• An account under this Scheme may be opened for a maximum of two girl children in one family(exception allowed for twins and triplets).

• Interest as notified by the Government of India (present rate of interest being 8.20% w.e.f. 01/01/2024 to 31/03/2024.) and credited at the end of each Financial year.

• SSY Account Opening form.
• The birth certificate of the girl child.
• ID proof of the depositor.
• Address proof of the depositor.
• Photographs of depositor.
• Any other document required.

You can apply through following modes :