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Process to Transfer Sukanya Samriddhi Yojana (SSY) Account from one Bank to another Bank
By Anupama Deshpande | Sep 7, 2018

You can transfer Sukanya Samriddhi Yojana (SSY) Account from one Bank to another Bank anytime. For doing the same, you need to follow below-mentioned process:


  1. Visit the branch of Bank where you have your SSY Account along with your KYC documents and SSY passbook.
  2. Request your authorised bank executive for transfer of your Sukanya Samriddhi Yojana Account from this Bank to another bank where you want to transfer your account.
  3. You also need to surrender the SSY passbook given to you by existing Bank during account opening.
  4. Then the bank executive will close the account and also hand over the required documents that you need to submit with the new bank where you want to transfer your account.
  5. Now you have to visit the particular branch of new bank where you want to transfer your account
  6. Inform the authorised bank executive to open your transferred SSY account and submit the required documents collected from old Bank, where you maintained your SSY account.
  7. New Bank will issue you a new passbook which would contain all your personal details and the carried forward balance from your previous SSY account with old Bank.
  8. Then your new account will get activated.

Points to Note for Transfer of Sukanya Samriddhi Yojana (SSY) Account from one Bank to another Bank

  • The bank may ask you to submit your KYC documents, hence keep a copy of KYC documents with you while visiting your bank.
  • The child, in whose name the SSY account exists, is not required to visit the bank for transfer.
About Anupama Deshpande
Anupama is a Co-Founder of CodeForBanks.com. She is an MBA (Finance) and Chartered Financial Analyst (CFA). She also carries a Fellowship degree in Life Insurance Sector and is a Master of Computer Application (MCA). She is an expert in Finance Field with an experience of over 18 years on different managerial positions in finance industry including Stock Market, Depository and Mutual Fund Sectors. Apart from that she has remained for few years in the field of marketing as well. Her suggestions and advice for investments have been very useful to many people.
Her vast interest & expertise in the field of finance have encouraged her to write the articles so that others can also get benefitted out of them. She never loses any opportunity to learn and be creative. She is a valuable asset for CodeForBanks.com & important resource to all those around her.
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