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How to Check Your Sukanya Samriddhi Yojana Account Balance Online?

The Sukanya Samriddhi Yojana is a savings scheme launched in the year 2015 by Prime Minister Narendra Modi under the Beti Bacho Beti Padhao campaign. The main agenda of the scheme is to encourage parents of a girl child in India to build a corpus for her future education and expenses.

A Brief Overview of Sukanya Samriddhi Yojana

Here are some highlights as well as the benefits related to Sukanya Samriddhi Yojana Scheme that will help you understand the policy in a better way.


  • A program initiated by the Government of India
  • Parents/Guardians having daughter below the age of 10 can opt for Sukanya Samriddhi Yojana account
  • Tenure of 21 years or until the girl child is married after the age of 18
  • 6% rate of interest compounded annually
  • Income tax exemption under Section 80C of the Income Tax Act
  • Any amount from Rs. 250 to Rs. 1.5 lakh can be deposited in the account every year
  • Account to be opened only in the name of the child and not in the name of their legal guardian
  • Only 2 Sukanya Samriddhi Yojana accounts allowed per family


  • High rate of interest
  • Income tax savings
  • Lock-in period
  • Partial withdrawals can be made
  • Guaranteed maturity benefits
  • Interest even after maturity

Sukanya Samriddhi Yojana Account Balance

If you already have a Sukanya Samriddhi Yojana account, you can check your account balance both online and offline through electronic medium and physical passbook respectively. Let us discuss both ways in detail so that it is easy for you to know your Sukanya Samriddhi Yojana account balance.


Currently, 28 banks are offering the Sukanya Samriddhi Yojana scheme. To know your account balance offline, all you need to have is a passbook of the account provided to you by your bank. For account balance inquiries, you have to visit your bank branch and get the passbook updated regularly.


In the world of digitalization and covid, nobody wants to step outside their houses. The best way to be updated about your Sukanya Samriddhi Yojana account balance is by registering online.

Here are some simple steps to be followed to know your Sukanya Samriddhi Yojana account balance online:

  • Step 1:

Apply for login credentials. Ask your respective bank to provide you with Sukanya Samriddhi Yojana account credentials. Once you receive the details, then only you will be able to operate your Sukanya Samriddhi Yojana account online.

  • Step 2:

Login with the credentials. The provided user name and password need to be entered into the internet banking portal of the bank.

  • Step 3:

After login, the homepage for Sukanya Samriddhi Yojana will appear. You can simply check your SSY balance there. The balance might also be displayed in the dashboard column of the account.

  • Step 4:

Note that through this portal, you can only view your Sukanya Samriddhi Yojana account balance. No transactions can be made through this portal.

These are some extremely simple and quick steps to check out your account balance anytime, anywhere, without any hassle.

Having said that, if you find Sukanya Samriddhi Yojana a very simple and easy to handle scheme because of the above-mentioned details and wish to buy one for your daughter now, it can be done just in few minutes. It can be bought both online and offline. All you have to do is follow these extremely easy steps.

Open A New Sukanya Samriddhi Yojana Account


There are 2 ways to open Sukanya Samriddhi Yojana offline, that is, with the bank or at the post office.

  • Visit the post office/ bank
  • Fill in the Sukanya Samriddhi Yojana application form with the details of your daughter
  • Take birth certificate, aadhaar card, pan card, and all other necessary documents of the child with you
  • After verification, your account will be opened and the passbook will be handed over to the parents/ legal guardian of the girl child


Much easier than directly visiting the bank branch, to open your Sukanya Samriddhi Yojana account online, all you have to do is

  • Check the official website of the bank you wish to have an account with
  • Fill in all the required information of the child and the parents in the form as required
  • Attach scanned copies of all the mentioned certificates and address proofs
  • Click on the submit button and your Sukanya Samriddhi Yojana is good to go.

It is your choice how you would like to open your child’s Sukanya Samriddhi Yojana account.

Banks That Offer Sukanya Samriddhi Yojana

RBI has approved 28 banks that offer the Sukanya Samriddhi Yojana scheme. Here is a compiled list for your reference that will help you open the account easily.

  1. Allahabad Bank
  2. Andhra Bank
  3. Axis Bank
  4. Bank of Baroda
  5. Bank of India
  6. Bank of Maharashtra
  7. Canara Bank
  8. Central Bank of India
  9. Corporation Bank
  10. Dena Bank
  11. ICICI Bank
  12. IDBI Bank
  13. Indian Bank
  14. Indian Overseas Bank
  15. Indian Overseas Bank
  16. Oriental Bank of Commerce
  17. Punjab & Sindh Bank
  18. Punjab National Bank
  19. State Bank of Bikaner and Jaipur
  20. State Bank of Hyderabad
  21. State Bank of India
  22. State Bank of Mysore
  23. State Bank of Travancore
  24. Syndicate Bank
  25. UCO Bank
  26. Union Bank of India
  27. United Bank of India
  28. Vijaya Bank

Wrapping up

It is very much evident that Sukanya Samriddhi Yojana is a very easy-to-handle scheme for any parent with minimal premiums and great benefits. A wonderful scheme to protect the future of your girl child, Sukanya Samriddhi Yojana will not let you have second thoughts about it any day. Buy it for the betterment of your child.

Written By: PolicyBazaar - Updated: 26 May 2021
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