How to Deposit Money Online in Post Office Sukanya Samriddhi Account

Sukanya Samriddhi Yojana Account Highlights

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
“Tax benefit is subject to changes in tax laws. Standard T&C apply.”

Before learning about the steps involved in depositing your money to a Sukanya Samriddhi Yojana post office account, IPPB is an important aspect that should be studied.

What is India Post Payments Bank (IPPB)?

IPPB stands for India Post Payments Bank. It's a payments bank launched by the Indian government in 2018 with the aim of making banking services accessible to everyone in the country, especially those in rural and underbanked areas. It's not a separate social security scheme but a banking service offered by the Indian Post that allows you to manage some existing social security schemes, like the Sukanya Samriddhi Yojana (SSY).

Under the IPPB (Indian Post Payment Bank), all your post office transactions, including Post Office Sukanya Samriddhi Yojana online payment, can be done online, just like any other regular bank. All you need to do for IPPB is visit your nearest post office once for basic registration. After that, you can easily carry out all your post-office-related transactions online.

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Steps to Deposit Money In Post Office SSY Online Payment Account

For Post Office Sukanya Samriddhi Yojana online payment and to deposit money in your account, you have to follow these simple steps:

Step 1:

Add money from your normal savings account to the India Post Payment Bank’s (IPPB) savings account.

Step 2:

Go to the Department of Post (DOP) web page and choose Sukanya Samriddhi Yojana Account.

Step 3:

Mention the credentials of your Sukanya Samriddhi Yojana account, including the account number and customer ID provided by the Department of Post (DOP).

Step 4:

Once you successfully log in, you can transfer money from IPPB to the Sukanya Samriddhi Yojana scheme. This transfer can be made to any other designated scheme by the Department of Post as well.

Step 5:

Select the installation duration and amount agreed during the time of purchase of the Sukanya Samriddhi Yojana scheme.

Step 6:

India Post Payment Bank will notify you of the successful payment transfer on your registered mobile number.

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DakPay

A recently launched online application by the government, DakPay supports Post Office Sukanya Samriddhi Yojana online payment account and IPPB payments as well. DakPay, a digital payment app by India Post and India Post Payments Bank (IPPB), offers diverse financial services to Indian users. It includes:

1. UPI Money Transfers:

   Send and receive money instantly via BHIM UPI.

2. Offline and Online Payments:

   Make cashless payments at stores using QR codes.

3. Multi-Bank Account Management:

   Link over 200 bank accounts, including Post Office Sukanya Samriddhi Yojana online payment account for easy transfers.

4. Account Balance Inquiry:

   Check balances within the app.

5. Beneficiary Management:

   Save contacts for faster transactions.

6. Aadhaar-Enabled Services:

   Withdraw and deposit cash using Aadhaar.

7. Utility Bill Payments:

   Pay bills conveniently through the app.

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Open a New Post Office Sukanya Samriddhi Yojana Online Payment Account

1. Offline

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

   • Visit the post office/bank.

   • Fill in the SSY application form with the details of your daughter.

   • Take her 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 you.

2. Online

   Consider a much easier option than visiting the bank branch. Buying online is the way to go if you want to save time. To open your Post Office SSY online payment account, 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 the submit button, and your SSY account is ready.

Wrapping It Up

Depositing money online into your Post Office Sukanya Samriddhi Account has become a simple, secure, and efficient process thanks to digital advancements like the IPPB mobile app and online banking services. This convenient method eliminates the need for physical visits to the post office, saving you valuable time and effort while ensuring your contributions are made promptly and safely. By embracing these online facilities, you can easily manage your Sukanya Samriddhi Account and continue investing in your daughter’s future with confidence and peace of mind.