Sukanya Samriddhi Account — Bank of Baroda service route
A Government of India girl-child savings account serviced by Bank of Baroda, currently earning 8.20%, with ₹250 minimum annual contribution, ₹1.5 lakh annual ceiling, 15-year contribution window and 21-year maturity.
Structured from first-party bank/issuer evidence. This page does not claim personal hands-on product use unless that experience is explicitly stated.
Recorded source review date, not a claim that the product changed that day.
Target recheck: December 9, 2026.
Government-set economics, contribution rules, liquidity and eligibility must be read together.
The servicing bank does not set the scheme economics; current government/RBI rules and the exact service route remain controlling.
Government savings scheme evidence stays in its own structure.
Specialist fields below remain source-scoped. Missing values stay missing; one banking product type is never used to manufacture facts for another.
Where this one Government scheme can actually be opened or serviced.
The scheme economics remain Government-set. These rows verify bank/channel access only and never create duplicate bank versions of the scheme.
| Servicer / status | Opening route | Digital / transfer notes |
|---|---|---|
| State Bank of IndiaBranch + online servicing · verified | SBI FAQ says the guardian can open Sukanya Samriddhi at an SBI branch. | SBI reports online guardian access for minor PPF/SSA accounts through Internet Banking; opening remains branch-led in the reviewed FAQ. Sukanya can transfer between eligible bank/Post Office account offices under scheme rules. Source ↗ |
| Bank of BarodaBranch; digital opening conflict · source conflict | Branch opening is supported. Bank of Baroda product FAQ says online opening is under development, while bob World investment material says SSA can be opened in the app. | bob World supports linked-account visibility/contribution; confirm live app opening availability before relying on it. Scheme transfer is supported under Government rules. Source ↗ |
| HDFC BankBranch · verified | HDFC explicitly says SSY opening requires a branch visit and online opening is not yet available. | Existing SSY can receive cash/cheque/NEFT subscriptions; transfer into HDFC is handled through the branch. HDFC documents transfer from another bank/Post Office to HDFC Bank. Source ↗ |
| ICICI BankBranch + linked digital funding · verified | ICICI FAQ requires the guardian to submit the opening form and KYC at an ICICI branch. | Funds can later be transferred through the SSY portfolio in the linked guardian account. Use designated-branch/scheme transfer procedures where applicable. Source ↗ |
Sukanya Samriddhi across the last six notified quarters.
History preserves the Government-notified period. For PPF/Sukanya the account rate can reset over time; SCSS/KVP mechanics can lock the opening/purchase-period rate for that contract.
DEA 30 June 2026 memorandum: rates unchanged from Q1 FY2026-27.
Government evidence ↗DEA 30 March 2026 memorandum: rates unchanged from Q4 FY2025-26.
Government evidence ↗DEA 31 December 2025 memorandum: rates unchanged from Q3 FY2025-26.
Government evidence ↗DEA 30 September 2025 memorandum: rates unchanged from Q2 FY2025-26.
Government evidence ↗DEA Annual Report 2025-26 publishes the same rates for all four FY2025-26 quarters.
Government evidence ↗DEA Annual Report 2025-26 publishes the same rates for all four FY2025-26 quarters.
Government evidence ↗Fees, balances, benefits, limits and eligibility without a single-score shortcut.
These six fields are the cross-product layer. The specialist section above controls whenever a type-specific field is more precise.
Who this record appears designed for—and what can break the fit.
Best-fit wording summarizes the published proposition. It is not individualized financial advice or an approval prediction.
Parents or eligible guardians saving specifically for a resident girl child’s long-term education/marriage goals where the beneficiary rules and long horizon fit the family’s needs.
- The current 8.20% rate is variable by government quarter rather than fixed for the full 21-year life.
- Eligibility is beneficiary-specific; this is not a general minor account or a substitute for a normal child savings account.
- The ₹1.5 lakh yearly contribution limit and statutory tax-deduction aggregate ceiling should not be double-counted.
- The bank’s current page still refers to legacy Section 80C; the engine uses current 2026 tax-law numbering for the deduction framework.
Compare this product only where the pair is deliberately maintained.
Both sides keep independent review dates, exact conditions and first-party evidence. No winner score is generated.
Complete evidence set for this maintained profile.
Each source remains independent. A product page, tariff, KFS/MITC, rate schedule or programme document is not silently treated as interchangeable evidence.
When the bank changes a term after the recorded review, the current agreement, tariff, KFS/MITC or effective rate table controls.
This page organizes dated public evidence; it does not guarantee eligibility, availability, approval, service quality or future pricing.