SBI is the largest bank, with maximum branches and reach. This also makes it the most sought after bank for operating government schemes. If you have an existing account in SBI bank then opening a SSY account in the same bank, makes sense.
In case no SBI bank branch is located close to your residence you can check out the other banks which are currently operating the scheme and visit one of their branches to open an account under SSY scheme.
Let’s have a look at how you can open a Sukanya Samriddhi Account at SBI bank:
- Visit the nearest SBI bank branch and collect the SSY account opening form from them. Also collect a deposit slip, since you will need this to make the initial deposit in the account.
- Fill up the form with the relevant details. Checkout our video about how to fill the SBI form for Sukanya Samriddhi Account here. While the basic details remain same, every bank has their own format for the form.
- Once you have entered the relevant details, attach the following documents to your form
a. Date of Birth Proof of the child (Check which documents can you use for this)
b. Recent passport size photo of the child – 3 also 3 recent passport size photo of gaurdian opening the account
c. Address proof of the gaurdian opening the account
d. Identity proof of the gaurdian opening he account
- Now fill the deposit slip with the relevant details. Check the video for filling it below
- Now your form is ready. Take it along with the other document’s, deposit slip and Rs 1000/- and submit it at the SBI bank where you wish to open the account.
- Bank will give you the stub of deposit slip and account opening form both. Keep these safe. You will need to show them to receive the Passbook issued under SSY scheme. Check with the bank, how many days it will take to create the account. Typical period is 2-3 days
- Once you receive the passbook, keep it safe. Note the account no somewhere safe, in case you lose the passbook. This passbook will need to be produced when the account needs to be closed, so keep the passbook safely. Now you can also maintain electronic record of your SSY account, and passbook has been deemed to not be compulsory.
Here’s a link to the SBI page about Sukanya Samriddhi Schehememe – Link