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India Post Sukanya Samriddhi Yojana

India Post Sukanya Samriddhi Yojana is run through the Post Office Savings Bank under the Department of Posts. The current interest rate is 8.2% per annum for the quarter from 1 July to 30 September 2026. The account is for a girl child below 10 years.

8.2%

CURRENT INTEREST RATE*

₹250

MINIMUM DEPOSIT

₹1.5 lakh

MAXIMUM DEPOSIT

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Features of the India Post Sukanya Samriddhi Yojana

The key features of the scheme are as follows.
Eligibility
The account is available only for a resident Indian girl child. If the account holder becomes a non resident or ceases to be a citizen of India, the guardian must notify the accounts office, and the account is closed from the date of the change in status.
Age Criteria
The account may be opened at any time from the birth of the girl child until she attains the age of 10 years. No grace period beyond that age is available under the scheme.
Who Can Open
The natural guardian, being a living parent, or a legal guardian appointed under law. A family may hold two accounts. A third is permitted where a birth results in twins or triplets, on production of a certificate from the attending medical officer.
Where to Open
At any post office conducting Post Office Savings Bank business, or at a branch of an authorised commercial bank.
Tenure
The account matures on completion of 21 years from the date of opening, irrespective of the age of the account holder on that date. Deposits are permitted only during the first 15 years, and the balance continues to earn interest for the remaining period.
Deposits
The minimum is ₹250 in a financial year and the maximum is ₹1.5 lakh, with subsequent deposits in multiples of ₹50. Any amount deposited in excess of the annual ceiling earns no interest and is returned to the depositor. Deposits may be made in cash, by cheque, by demand draft or by electronic transfer.
Partial Withdrawal
Up to 50% of the balance standing at the close of the preceding financial year may be withdrawn for the higher education of the account holder, on her attaining the age of 18 years or on passing the tenth standard, whichever is earlier.
Account Continuity
Where the minimum of ₹250 is not deposited in a financial year, the account is treated as an account under default. It may be revived at any time before the completion of 15 years on payment of ₹50 for each defaulted year together with the minimum deposit of ₹250 for each such year.
Other Highlights
Rate is 8.2% for Jul-Sep 2026, among the highest savings schemes.
Deposits qualify under Section 123; interest and maturity are tax-free
Deposits can be made at post offices or via IPPB digital facility

Sukanya Samriddhi Yojana Post Office Interest Rate: Historical Data

Financial Year Q1 (April to June) Q2 (July to September) Q3 (October to December) Q4 (January to March)
2026-27 8.2% 8.2% To be notified To be notified
2025-26 8.2% 8.2% 8.2% 8.2%
2024-25 8.2% 8.2% 8.2% 8.2%
2023-24 8.0% 8.0% 8.0% 8.2%
2022-23 7.6% 7.6% 7.6% 7.6%
2021-22 7.6% 7.6% 7.6% 7.6%
2020-21 7.6% 7.6% 7.6% 7.6%
2019-20 8.5% 8.4% 8.4% 8.4%
2018-19 8.1% 8.1% 8.5% 8.5%
2017-18 8.4% 8.3% 8.3% 8.1%
2016-17 8.6% 8.6% 8.5% 8.5%
2015-16 9.2% 9.2% 9.2% 9.2%
2014-15 Not applicable Not applicable 9.1% 9.1%
Note: The rate applicable in the third quarter of FY 2014-15 took effect from 3 December 2014. Quarterly notification commenced with effect from 1 April 2016, and prior to that date the rate was fixed for the full financial year.

Benefits of the India Post Sukanya Samriddhi Yojana

The benefits of the scheme are set out below.
Benefits Component
Details
Highest notified rate
At 8.2% per annum for the current quarter, the scheme carries the joint highest rate among small savings schemes. The rate is reviewed quarterly by the Ministry of Finance.
Complete tax exemption
The scheme carries exempt, exempt, exempt treatment. Deposits qualify for deduction under Section 123 read with Schedule XV of the Income Tax Act, 2025, subject to the aggregate ceiling of ₹1.5 lakh in a tax year. Interest and maturity proceeds are exempt.
Sovereign backing
The account is a liability of the Government of India and carries no credit or market risk.
Widest access network
The scheme is administered across the post office network, which extends to locations where scheduled commercial bank branches are not present.
Doorstep deposit facility
Deposits are collected at the doorstep through the postman and Gramin Dak Sevak network under the India Post Payments Bank service. Doorstep service charges apply as per the applicable schedule of charges.
Digital deposit facility
Deposits may be initiated through the India Post Payments Bank mobile banking application, without attendance at the post office.
Low entry threshold
The account may be opened with ₹250. A deposit of ₹250 in a financial year satisfies the minimum requirement under the scheme.
Nationwide portability
The account may be transferred free of charge between post offices, or between a post office and an authorised bank, on production of proof of shifting of residence of the guardian or the account holder.
Passbook record
A passbook is issued at the time of opening and constitutes the record of deposits, interest credits and withdrawals.

Documents Required for Sukanya Samriddhi Yojana in Post Office

The following are required for the account, submitted with the prescribed account opening form.
  • Account opening form, being Form 1 under the Sukanya Samriddhi Account Scheme, 2019
  • Birth certificate of the girl child issued by the competent authority
  • Identity and address proof of the guardian, being any officially valid document such as Aadhaar, PAN, passport, voter identity card or driving licence
  • Recent passport size photographs of the girl child and the guardian
  • Certificate from the attending medical officer confirming birth order, where a third account is sought for twins or triplets
  • Documentary proof of guardianship, where the account is opened by a legal guardian rather than a natural guardian
  • Initial deposit of not less than ₹250, by cash, cheque or demand draft

How to Open a Sukanya Samriddhi Account at the Post Office

The account is opened at the post office branch. The steps are as follows.
Post Office Process
1
Visit the post office
Attendance is required at any post office conducting Post Office Savings Bank business, with the birth certificate of the girl child and the know your customer documents of the guardian.
2
Obtain and complete Form 1
The prescribed account opening form is available at the counter and on the India Post website.
3
Submit the documents
The birth certificate, guardian identity and address proof and photographs are furnished, together with the medical certificate where a third account is sought.
4
Make the initial deposit
The initial deposit must be not less than ₹250 and not more than ₹1.5 lakh, and may be made in cash, by cheque or by demand draft.
5
Collect the passbook
The passbook is issued on completion of the account opening formalities and records the account number and the customer identification number.

How the Sukanya Samriddhi Yojana Interest Rate Compares to Other Schemes

The rates below are those notified for the quarter from 1 July 2026 to 30 September 2026.
Scheme
Interest Rate
Tax on Interest
Sukanya Samriddhi Yojana
8.2%
Fully exempt
Senior Citizens Savings Scheme
8.2%
Taxable
National Savings Certificate
7.7%
Taxable, with deductions
Post Office Time Deposit, 5 years
7.5%
Taxable
Kisan Vikas Patra
7.5% (maturity in 115 months)
Taxable
Post Office Monthly Income Scheme
7.4%
Taxable
Public Provident Fund
7.1%
Fully exempt
Post Office Time Deposit, 3 years
7.1%
Taxable
Post Office Recurring Deposit, 5 years
6.7%
Taxable
Post Office Savings Account
4.0%
Taxable after exemption
See How Your Money Grows
Annual Deposit
₹
Your Daughter's Age
years
AT MATURITY (21 YEARS)
₹0
Maturity Amount
TOTAL INVESTED
₹22,50,000
INTEREST EARNED
₹49,32,119
Return Multiple
3.19x
Wrapping It Up
The India Post Sukanya Samriddhi Yojana carries a notified rate of 8.2% per annum for the current quarter. It has the backing of the Government of India, and the interest and maturity proceeds are fully exempt under the Income Tax Act, 2025. The account is opened at a post office or an authorised bank branch. It requires a minimum deposit of ₹250 in a financial year and matures 21 years from the date of opening. India Post Payments Bank does not hold the account. Its role is limited to a deposit facility, available at counters, at the doorstep, and through its mobile banking application once the account is active.

Frequently Asked Questions

What is the India Post Sukanya Samriddhi Yojana interest rate?

The notified rate is 8.2% per annum for the quarter from 1 July 2026 to 30 September 2026. The rate is reviewed quarterly by the Ministry of Finance and applies to all subsisting accounts during the quarter for which it is notified.

How to open a Sukanya Samriddhi account online in post office?

Online opening is not available. Neither post offices nor authorised banks currently permit the account to be opened through a digital channel. Opening requires attendance at the accounts office with the prescribed documents. Deposits may be made online once the account is active.

Can a Sukanya Samriddhi Account be opened with India Post Payments Bank?

No. India Post Payments Bank operates under a payments bank licence and cannot hold a Sukanya Samriddhi Account. The account is opened and maintained by the Post Office Savings Bank under the Department of Posts, or by an authorised commercial bank. The India Post Payments Bank Sukanya Samriddhi Yojana facility is a deposit service for an account already opened.

Is the Indian post office Sukanya Samriddhi Yojana different from the version offered by banks?

No. The scheme terms, interest rate, deposit limits, withdrawal conditions and tax treatment are identical, as all are governed by the Sukanya Samriddhi Account Scheme, 2019. Only the accounts office and the servicing channels differ.

How many accounts may a family hold under the post office Sukanya Samriddhi Yojana?

Two. A third is permitted where a birth results in twins or triplets, on production of a certificate from the attending medical officer.

Can the account be transferred from a post office to a bank?

Yes. The account may be transferred between post offices, or between a post office and an authorised bank, free of charge on production of proof of shifting of residence of the guardian or the account holder.
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