With IPPB, now the online post office transactions can be done easily like in the case of banks. You just have to once visit the post office to get the registration process done to conduct all your transactions related to the post office online including viewing balance as well as to transfer money under various schemes.

SSY is a good plan for parents of girls to invest on so that you can secure the child financially for her future like higher education and marriage etc. The scheme is easy to open and can be done with an easy premium payment. The investor can use the sukanya samriddhi yojana calculator to compute the maturity balance of the SSY account.


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At present, no authorised bank branch or any post office allows the online opening of an SSY account. However, once the SSY account is opened and all the documents are submitted, you can use it online.

A guardian can open an SSA account for the girl child below 10 years of age with their own savings bank they have an account with, or at any authorized bank or the post office. Depositors can download application forms online or submit them at the post office branch. It is important to ensure you understand the benefits as well as terms and conditions of the SSA account, then only submit your application along with the required documents.

To commence the transfer of the Sukanya Samriddhi Yojana account from any bank or post office, the account holder will have to fill up. The account holder then must submit the transfer proposal application form with the Post Master of the Post Office of India, where their account is. The transfer application form can be downloaded online or from any designated bank branch or Post Office.

Premiums for these schemes and other functions can be carried out through IPPB mobile app. With IPPB one can easily check their balance, transfer money, and carry out other financial transactions through IPPB for which they had to visit the post office earlier. For opening these schemes, one has to physically visit the post office after which these schemes can be managed online using the IPPB account or mobile app.

For opening a recurring deposit account in the post, office one has to visit the nearest post office. However, one can make their RD payments through online mode, using the India Post Payments Bank (IPPB) app. In 2018, India Post Payments Bank (IPPB) app was launched to enable online post office banking. One can create a savings bank account through the app and make payments to PPF, recurring deposit RD, Sukanya Samriddhi scheme, and other deposit schemes. Also, the account is a zero balance account. Furthermore, the app offers ease of making payments.

Adults can collect the Sukanya Samriddhi Yojana scheme application form from the post office or any registered bank. They can also download the applications directly from the online portals. The adult is expected to fill the form with details needed and submit it back along with the reference proof documents. These include

Sukanya Samriddhi Yojana plan can be availed from most government and private sector banks in India. It is also available at local post offices, making the scheme available even in remote and rural areas. You can also apply for the Sukanya Samriddhi Yojana online. Check out this list to know banks that offer the Sukanya Samriddhi Yojana.

My question is regarding transfer of Sukanya Samriddhi account from a post office to ICICI bank as it is easier to transfer money online to a bank. Will this reason be sufficient to transfer account?

Do I need to go to Post office or bank for transfer?

Can you elaborate the procedure for transfer?

The SSY scheme allows a parent or family member to open an account in the name of the girl child with a post office or authorized bank. Most banks allow an online application process, whereas an applicant may have to physically visit a post office for account opening.

Neither the post office nor the Scheduled Commercial Banks allow you to open an SSY account online. To open an account, you will have to mandatorily visit the branch of a post office or a notified bank.

According to the rules of the SSY scheme, you cannot avail a loan against the balance in an SSY account. The SSY scheme does not offer a loan facility. \n"}},{"@type":"Question","name":"Is partial withdrawal of the balance in a Sukanya Samriddhi account allowed? ","acceptedAnswer":{"@type":"Answer","text":"Partial withdrawal of up to 50% of the account corpus is available. However, this facility can be availed only after the girl child attains 18 years of age. \n"}},{"@type":"Question","name":"Is there a limit to the number of deposits that can be made in an SSY account in a financial year? ","acceptedAnswer":{"@type":"Answer","text":"There\u2019s no limit to the number of deposits you can make in a Sukanya Samriddhi account during a financial year. However, the maximum deposit amount is limited to \u20b91.5 lakh per financial year. \n"}},{"@type":"Question","name":"Can a Sukanya Samriddhi Yojana account be opened online?","acceptedAnswer":{"@type":"Answer","text":"Neither the post office nor the Scheduled Commercial Banks allow you to open an SSY account online. To open an account, you will have to mandatorily visit the branch of a post office or a notified bank. \n"}}]}Minimal Brokerage Charges 17dc91bb1f

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