InvestorQ : Can I open a Sukanya Samriddhi Yojana (SSY) account through a private bank?
Sakshi Malhotra made post

Can I open a Sukanya Samriddhi Yojana (SSY) account through a private bank?

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Swapnil Sarang answered.
1 year ago
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First up, it is commendable that you are opening a Sukanya Samriddhi Yojana (SSY) account for your daughter. It will go a long way in creating a corpus for her future.

Now coming to your question, yes, you can open a Sukanya Samriddhi Yojana (SSY) account thorugh a private bank.

The Reserve Bank of India allows private as well as public banks to open Sukanya Samriddhi Yojana (SSY) accounts. Following banks have authorisation to open Sukanya Samriddhi Yojana (SSY) accounts:

1. Axis Bank

2. Andhra Bank

3. Allahabad Bank

4. State Bank of India (SBI)

5. Bank of Maharashtra (BOM)

6. Bank of India (BOI)

7. Bank of Baroda (BOB)

8. State Bank of Patiala (SBP)

9. State Bank of Mysore (SBM)

10. Vijaya Bank

11. State Bank of Hyderabad (SBH)

12. Indian Overseas Bank (IOB)

13. Indian Bank

14. IDBI Bank

15. ICICI Bank

16. United Bank of India

17. State Bank of Travancore (SBT)

18. Union Bank of India

19. UCO Bank

20. Punjab National Bank (PNB)

21. Syndicate Bank

22. State Bank of Bikaner & Jaipur (SBBJ)

23. Punjab & Sind Bank (PSB)

24. Oriental Bank of Commerce (OBC)

25. Dena Bank

26. Corporation Bank

27. Canara Bank

28. Central Bank of India (CBI)

Please note, you can open a Sukanya Samriddhi Yojana (SSY) account for your daughter/s from post offices as well.

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