Transfer Sukanya Samriddhi Account to Bank

The Sukanya Samriddhi Yojana (SSY) is a government backed savings scheme to save the future of a girl child. One can open an account initially at a post office or at an authorized bank. You may feel the need to shift your Sukanya Samriddhi Account, or SSA, from a post office to a bank due to convenience, accessibility, or better banking services. The following guide shall help you walk through this process step-by-step in transferring your SSY account.

1. Collect Documents

   Gather the SSY passbook, KYC documents, and a filled transfer request form.

2. Request Transfer at the Post Office

   Submit the transfer request form along with required documents at the post office. They will verify and provide a transfer certificate.

3. Visit the Bank

   Take the transfer certificate and documents to your preferred bank branch.

4. Complete Activation

   The bank will process the transfer and issue a new passbook after completing the formalities.

• No Cost:

  The transfer does not charge any fees.

• Eligibility:

  The transfer is permissible between post offices and banks which are authorized.

• Benefits Continue:

  Interest rates and maturity terms remain the same.

• Easy Accessibility:

  Banks are accessible better and have online facilities too.

• Smooth Service:

  The transaction and account management often are quicker and more reliable.

Transferring your Sukanya Samriddhi account is a straightforward process which increases accessibility and convenience. Follow these steps to have a smooth transition and save for your daughter's future without any break.