Sukanya Samriddhi Account for Non Resident Indians (NRIs)


Sukanya Samriddhi Account for Non Resident Indians (NRIs)

Sukanya Samriddhi Account for Non Resident Indians (NRIs). Sukanya Samriddhi Account is a small saving scheme under the ‘beti bachao, beti padhao’ campaign launched by Government of India in the new union budget.  It facilitates the parents or legal guardians of girl child to open an account under her name till she turns 10 years of age and the account matures after 21 years or at the time of her marriage.  The account can be opened in any post office or banks authorized under the scheme.

With an interest rate of 9.1 per cent, it is considered as the best small saving scheme, leaving behind the much popular Public Provident Funds, which was earlier a first choice for small saving long term security investment.  The money deposited and accumulated in Sukanya Samriddhi Account is also exempted from income tax under section 80C.

Are Non Resident Indians eligible to open a Sukanya Samriddhi Account?

As per Sukanya Samriddhi Scheme, any girl child who is born in India and whose parents are residing in the country can have a Sukanya Samriddhi account in her name.  However, this scheme does not apply for non resident Indians.  That means NRIs are not eligible for opening Sukanya Samriddhi Account.

Can an NRI, be the depositor of SSA of a girl living in India?

There could be a case wherein a girl is living in India, but someone living abroad wants to be the depositor of her account.  As of now we are not sure whether this is possible or not.  Apparently, since the account opening needs certain documents of the depositor, which also includes residence proof to show living in India, NRI could not be a depositor to SSA account.

What if the depositor or the girl child becomes an NRI after SSA account has been opened in India?

There could be a situation wherein a girl born in India gets an account opened under her name and after some time, either she or her parents along with her move to a different country and become a non resident Indian at the time of maturity.


What would happen under such conditions is not yet sure as per the scheme.  We are yet to see government orders clarifying certain technicalities of Sukanya Samriddhi Account.

As of now, a total of 28 banks and post offices have been authorized to open Sukanya Samriddhi account.  However, the ball is yet to go rolling since most of the banks are not sure of how to get the opening and execution of the account.  We are yet to see some clarity in most regards of the scheme.

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  4 Responses to “Sukanya Samriddhi Account for Non Resident Indians (NRIs)”

  1. It is a Good Scheme for Girls as well as parents to help the Girl child.

    I need small clarification, if a child is born overseas, but an Indian Passport holder. The birth certificate of Child is issued by Indian High commission and is an Indian Citizen.

    And, NOW, the girl and her parents have come back and settled in India.

    Is it possible to open the account under SSA. The passport copy stamped of entry into India of girl, PAN card of parents, Tax proof of parents in India , current residence proof of parents can be shown if required.

    Please clarify.

  2. Is nri eligible for ppf account

  3. Any changes on nri eligibility for ssy accounr?

  4. If a girl is born in India and staying with her mother in India and her father is alone working in gulf, can the SSA account be opened for the girl

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