InvestorQ : Can I open two Sukanya Samriddhi Yojana accounts for my daughter?
Sakshi Malhotra made post

Can I open two Sukanya Samriddhi Yojana accounts for my daughter?

Answer
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Sadaf Khan answered.
1 year ago


The Sukanya Samriddhi Yojana (SSY) is a small- savings scheme backed by the Government of India exclusively for the Indian girl child. The government’s objective behind launching this small savings scheme was to encourage parents to open accounts in their daughter’s names so that they can start saving for their education and marriage early on.

The scheme is a part of the government’s “**** Bachao – **** Padhao” initiative. No, you cannot open two different Sukanya Samriddhi Yojana accounts for your daughter.

One can open two accounts for two daughters, but there can only be one account per daughter.