Sukanya Samriddhi Account Passbook

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Know about Sukanya Samriddhi Account Passbook

The Sukanya Samriddhi Yojana (SSY) is a scheme launched by the Government of India in 2015 and it is aimed that helping the parents of girl children in the country. It offers the parents of girl child with an opportunity to save money and earn very high returns so that they can easily take care of the expenses related to the education or Marriage of their child. If you want to secure the future of your daughter, you can open a Sukanya Samriddhi Account (SSA) under this scheme by visiting the nearest India Post office or any branches of the bank that are authorized to open such an account.

Overview of Sukanya Samriddhi Account (SSA)

If you are the parent or the legal guardian of a girl child, you can open a Sukanya Samriddhi Account (SSA) in her name till she reaches the age of 10. You can only open 1 account per girl child and can create accounts for maximum 2 children. Once the child reaches the age of 10, she can decide to operate the account or the parent or legal guardian of the child can continue to operate it till the account reaches maturity. An SSA account cannot be operated online and so the caretaker or the account holder will need to rely on a passbook to operate and keep and track of the deposits made to the account. You will need to deposit a minimum amount of Rs 1,000 every year to open an SSA account.

How To Obtain Sukanya Samriddhi Account Passbook?

You will need to open an SSA account first to get an SSA passbook and for opening the account, you will need to obtain the application form from any of the offices of India Post or from the following authorized banks:

The State Bank of Patiala
The State Bank of Mysore
The State Bank of India
The State Bank of Bikaner and Jaipur
The State Bank of Hyderabad
The State Bank of Travancore
Axis Bank
Andhra Bank
Allahabad Bank
Bank of India
Bank of Baroda
Bank of Maharashtra
Central Bank of India
Corporation Bank
Dena Bank
ICICI Bank
Canara Bank
IDBI Bank
Indian Overseas Bank
Indian Bank
Punjab National Bank
Punjab & Sind Bank
Syndicate Bank
Oriental Bank of Commerce
Union Bank of India
Vijaya Bank
UCO Bank
United Bank of India

Once you obtain the form, you will then need to submit the same with the required documents and then the Passbook will be provided to you after the account opening formalities are completed. You will need to keep the passbook in a safe place as the same will be needed to update information about all kinds of transactions completed on the account.

Sukanya Samriddhi Account (SSA) Returns

With an SSA account, you will enjoy a very high interest rate of 9.2 percent per annum and will also enjoy the flexibility of depositing any amount between Rs 1,000 to Rs 1.5 lakh per year. Here is a description of the amount that you can earn if you deposit Rs 5000 per month for a period of 20 years.

Year 1
Month	Deposit	Balance
Apr	Rs 5000	5,000
May	Rs 5000	10,000
Jun	Rs 5000	15,000
Jul	Rs 5000	20,000
Aug	Rs 5000	25,000
Sep	Rs 5000	30,000
Oct	Rs 5000	35,000
Nov	Rs 5000	40,000
Dec	Rs 5000	45,000
Jan	Rs 5000	50,000
Feb	Rs 5000	55,000
Mar	Rs 5000	60,000
Year End Balance		62,990

Year 2
Month	Deposit	Balance
Apr	Rs 5000	67,990
May	Rs 5000	72,990
Jun	Rs 5000	77,990
Jul	Rs 5000	82,990
Aug	Rs 5000	87,990
Sep	Rs 5000	92,990
Oct	Rs 5000	97,990
Nov	Rs 5000	1,02,990
Dec	Rs 5000	1,07,990
Jan	Rs 5000	1,12,990
Feb	Rs 5000	1,17,990
Mar	Rs 5000	1,22,990
Year End Balance		1,31,775

Year 3
Month	Deposit	Balance
Apr	Rs 5000	1,36,775
May	Rs 5000	1,41,775
Jun	Rs 5000	1,46,775
Jul	Rs 5000	1,51,775
Aug	Rs 5000	1,56,775
Sep	Rs 5000	1,61,775
Oct	Rs 5000	1,66,775
Nov	Rs 5000	1,71,775
Dec	Rs 5000	1,76,775
Jan	Rs 5000	1,81,775
Feb	Rs 5000	1,86,775
Mar	Rs 5000	1,91,775
Year End Balance		2,06,888

Year 4
Month	Deposit	Balance
Apr	Rs 5000	2,11,888
May	Rs 5000	2,16,888
Jun	Rs 5000	2,21,888
Jul	Rs 5000	2,26,888
Aug	Rs 5000	2,31,888
Sep	Rs 5000	2,36,888
Oct	Rs 5000	2,41,888
Nov	Rs 5000	2,46,888
Dec	Rs 5000	2,51,888
Jan	Rs 5000	2,56,888
Feb	Rs 5000	2,61,888
Mar	Rs 5000	2,66,888
Year End Balance		2,88,912

Year 5
Month	Deposit	Balance
Apr	Rs 5000	2,93,912
May	Rs 5000	2,98,912
Jun	Rs 5000	3,03,912
Jul	Rs 5000	3,08,912
Aug	Rs 5000	3,13,912
Sep	Rs 5000	3,18,912
Oct	Rs 5000	3,23,912
Nov	Rs 5000	3,28,912
Dec	Rs 5000	3,33,912
Jan	Rs 5000	3,38,912
Feb	Rs 5000	3,43,912
Mar	Rs 5000	3,48,912
Year End Balance		3,78,482

Year 6
Month	Deposit	Balance
Apr	Rs 5000	3,83,482
May	Rs 5000	3,88,482
Jun	Rs 5000	3,93,482
Jul	Rs 5000	3,98,482
Aug	Rs 5000	4,03,482
Sep	Rs 5000	4,08,482
Oct	Rs 5000	4,13,482
Nov	Rs 5000	4,18,482
Dec	Rs 5000	4,23,482
Jan	Rs 5000	4,28,482
Feb	Rs 5000	4,33,482
Mar	Rs 5000	4,38,482
Year End Balance		4,76,292

Year 7
Month	Deposit	Balance
Apr	Rs 5000	4,81,292
May	Rs 5000	4,86,292
Jun	Rs 5000	4,91,292
Jul	Rs 5000	4,96,292
Aug	Rs 5000	5,01,292
Sep	Rs 5000	5,06,292
Oct	Rs 5000	5,11,292
Nov	Rs 5000	5,16,292
Dec	Rs 5000	5,21,292
Jan	Rs 5000	5,26,292
Feb	Rs 5000	5,31,292
Mar	Rs 5000	5,36,292
Year End Balance		5,83,101

Year 8
Month	Deposit	Balance
Apr	Rs 5000	5,88,101
May	Rs 5000	5,93,101
Jun	Rs 5000	5,98,101
Jul	Rs 5000	6,03,101
Aug	Rs 5000	6,08,101
Sep	Rs 5000	6,13,101
Oct	Rs 5000	6,18,101
Nov	Rs 5000	6,23,101
Dec	Rs 5000	6,28,101
Jan	Rs 5000	6,33,101
Feb	Rs 5000	6,38,101
Mar	Rs 5000	6,43,101
Year End Balance		6,99,737

Year 9
Month	Deposit	Balance
Apr	Rs 5000	7,04,737
May	Rs 5000	7,09,737
Jun	Rs 5000	7,14,737
Jul	Rs 5000	7,19,737
Aug	Rs 5000	7,24,737
Sep	Rs 5000	7,29,737
Oct	Rs 5000	7,34,737
Nov	Rs 5000	7,39,737
Dec	Rs 5000	7,44,737
Jan	Rs 5000	7,49,737
Feb	Rs 5000	7,54,737
Mar	Rs 5000	7,59,737
Year End Balance		8,27,102

Year 10
Month	Deposit	Balance
Apr	Rs 5000	8,32,102
May	Rs 5000	8,37,102
Jun	Rs 5000	8,42,102
Jul	Rs 5000	8,47,102
Aug	Rs 5000	8,52,102
Sep	Rs 5000	8,57,102
Oct	Rs 5000	8,62,102
Nov	Rs 5000	8,67,102
Dec	Rs 5000	8,72,102
Jan	Rs 5000	8,77,102
Feb	Rs 5000	8,82,102
Mar	Rs 5000	8,87,102
Year End Balance		9,66,186

Year 11
Month	Deposit	Balance
Apr	Rs 5000	9,71,186
May	Rs 5000	9,76,186
Jun	Rs 5000	9,81,186
Jul	Rs 5000	9,86,186
Aug	Rs 5000	9,91,186
Sep	Rs 5000	9,96,186
Oct	Rs 5000	10,01,186
Nov	Rs 5000	10,06,186
Dec	Rs 5000	10,11,186
Jan	Rs 5000	10,16,186
Feb	Rs 5000	10,21,186
Mar	Rs 5000	10,26,186
Year End Balance		11,18,065

Year 12
Month	Deposit	Balance
Apr	Rs 5000	11,23,065
May	Rs 5000	11,28,065
Jun	Rs 5000	11,33,065
Jul	Rs 5000	11,38,065
Aug	Rs 5000	11,43,065
Sep	Rs 5000	11,48,065
Oct	Rs 5000	11,53,065
Nov	Rs 5000	11,58,065
Dec	Rs 5000	11,63,065
Jan	Rs 5000	11,68,065
Feb	Rs 5000	11,73,065
Mar	Rs 5000	11,78,065
Year End Balance		12,83,917

Year 13
Month	Deposit	Balance
Apr	Rs 5000	12,88,917
May	Rs 5000	12,93,917
Jun	Rs 5000	12,98,917
Jul	Rs 5000	13,03,917
Aug	Rs 5000	13,08,917
Sep	Rs 5000	13,13,917
Oct	Rs 5000	13,18,917
Nov	Rs 5000	13,23,917
Dec	Rs 5000	13,28,917
Jan	Rs 5000	13,33,917
Feb	Rs 5000	13,38,917
Mar	Rs 5000	13,43,917
Year End Balance		14,65,027

Year 14
Month	Deposit	Balance
Apr	Rs 5000	14,70,027
May	Rs 5000	14,75,027
Jun	Rs 5000	14,80,027
Jul	Rs 5000	14,85,027
Aug	Rs 5000	14,90,027
Sep	Rs 5000	14,95,027
Oct	Rs 5000	15,00,027
Nov	Rs 5000	15,05,027
Dec	Rs 5000	15,10,027
Jan	Rs 5000	15,15,027
Feb	Rs 5000	15,20,027
Mar	Rs 5000	15,25,027
Year End Balance		16,62,800

Year 15
Month	Deposit	Balance
Apr	Rs 5000	16,62,800
May	Rs 5000	16,67,800
Jun	Rs 5000	16,72,800
Jul	Rs 5000	16,77,800
Aug	Rs 5000	16,82,800
Sep	Rs 5000	16,87,800
Oct	Rs 5000	16,92,800
Nov	Rs 5000	16,97,800
Dec	Rs 5000	17,02,800
Jan	Rs 5000	17,07,800
Feb	Rs 5000	17,12,800
Mar	Rs 5000	17,17,800
Year End Balance		18,73,307

Year 16
Month	Deposit	Balance
Apr	Rs 5000	18,73,307
May	Rs 5000	18,78,307
Jun	Rs 5000	18,83,307
Jul	Rs 5000	18,88,307
Aug	Rs 5000	18,93,307
Sep	Rs 5000	18,98,307
Oct	Rs 5000	19,03,307
Nov	Rs 5000	19,08,307
Dec	Rs 5000	19,13,307
Jan	Rs 5000	19,18,307
Feb	Rs 5000	19,23,307
Mar	Rs 5000	19,28,307
Year End Balance		21,03,182

Year 17
Month	Deposit	Balance
Apr	Rs 5000	21,03,182
May	Rs 5000	21,08,182
Jun	Rs 5000	21,13,182
Jul	Rs 5000	21,18,182
Aug	Rs 5000	21,23,182
Sep	Rs 5000	21,28,182
Oct	Rs 5000	21,33,182
Nov	Rs 5000	21,38,182
Dec	Rs 5000	21,43,182
Jan	Rs 5000	21,48,182
Feb	Rs 5000	21,53,182
Mar	Rs 5000	21,58,182
Year End Balance		23,54,204

Year 18
Month	Deposit	Balance
Apr	Rs 5000	23,54,204
May	Rs 5000	23,59,204
Jun	Rs 5000	23,64,204
Jul	Rs 5000	23,69,204
Aug	Rs 5000	23,74,204
Sep	Rs 5000	23,79,204
Oct	Rs 5000	23,84,204
Nov	Rs 5000	23,89,204
Dec	Rs 5000	23,94,204
Jan	Rs 5000	23,99,204
Feb	Rs 5000	24,04,204
Mar	Rs 5000	24,09,204
Year End Balance		26,28,321

Year 19
Month	Deposit	Balance
Apr	Rs 5000	26,28,321
May	Rs 5000	26,33,321
Jun	Rs 5000	26,38,321
Jul	Rs 5000	26,43,321
Aug	Rs 5000	26,48,321
Sep	Rs 5000	26,53,321
Oct	Rs 5000	26,58,321
Nov	Rs 5000	26,63,321
Dec	Rs 5000	26,68,321
Jan	Rs 5000	26,73,321
Feb	Rs 5000	26,78,321
Mar	Rs 5000	26,83,321
Year End Balance		29,27,657

Year 20
Month	Deposit	Balance
Apr	Rs 5000	29,27,657
May	Rs 5000	29,32,657
Jun	Rs 5000	29,37,657
Jul	Rs 5000	29,42,657
Aug	Rs 5000	29,47,657
Sep	Rs 5000	29,52,657
Oct	Rs 5000	29,57,657
Nov	Rs 5000	29,62,657
Dec	Rs 5000	29,67,657
Jan	Rs 5000	29,72,657
Feb	Rs 5000	29,77,657
Mar	Rs 5000	29,82,657
Year End Balance		32,54,531