How to Transfer Sukanya Samriddhi Account - 2025

• Visit the branch where your account is currently held (post office or bank). Bring your KYC documents (like Aadhaar, PAN, etc.) and the passbook of the Sukanya Samriddhi Account. Only the parent or legal guardian can initiate the transfer. The girl child does not need to be present unless she operates the account herself.
• Inform the official at the post office or bank that you wish to transfer the account to a different location (e.g., from post office to bank).
• Submit your passbook that you received when the account was opened.
• Once all documents are submitted, the post office or bank official will: Close the accountProvide you with closure documents and a transfer certificate
• Visit the new branch (bank or post office) where you want to transfer the account.
• Submit the transfer documents received from the previous institution. You may also need to re-submit KYC documents at the new location.
• You’ll be given a new passbook with: Your personal details Transferred balance from the previous account
• The new institution (bank or post office) will activate the account, and the transfer process will be complete.

 Documents Required for Transferring SSY Account

1. Passbook
2. KYC documents
3. Transfer certificate from the previous branch

 This transfer facility ensures continued savings for your daughter’s future, no matter where you relocate in India.

How does Sukanya Samriddhi Account work?

The Sukanya Samriddhi account remains operative for 21 years. The account can be opened by parents or legal guardian on behalf of their girl children in any post offices or authorized banks. Parents can open maximum two Sukanya Samriddhi Accounts against two girl children by making a minimum deposit of Rs.250 and maximum deposit of Rs.1, 50,000 per year.

The maximum entry age for a girl child to open this account is 10 years. However, a relaxation of 1 year is provided, if a girl child is born between 2^nd December, 2003 and 1^st December, 2004. The account can be closed prematurely when a girl child on whose name the account is opened reaches 18 years. A lock-in period of 8 years is applicable for this account. The account also offers a pass-book which contains details such as details such as account holder’s name and address, date of birth, account number and account opening date.

The Sukanya Samriddhi account allows premature withdrawal of deposits when the girl child reaches the age of 18. It allows you to withdraw up to 50% of your total deposit provided you need money to bear the cost of your daughter’s higher education or arrange her marriage.

The Sukanya Samriddhi scheme not only ensures a bright future for the girl children, it also helps parents get tax benefits on the deposited amounts under section 80C of the Indian Income Tax Act, 1961. Besides, the maturity benefits received from the scheme is also non – taxable.