How to transfer Sukanya samriddhi yojana account from bank to post office

SSY Account Transfer: Can a Sukanya Samridhi Yojana account be transferred from a bank to a post office?

Sukanya Samridhi Yojana is a scheme provided by the government for the future of girls. Parents with daughters under the age of 10 can open this account for their children either at the post office / at specific banks. Similarly transfers can be made from bank to post office, from post office to bank or from one bank to another.

The account can be transferred free of cost from one post office to another. If it is transferred from the post office to the bank, Rs.100/- transfer charges will have to be paid. The account can be transferred once a year. Are you looking to transfer an account too? But before you transfer sukanya samriddhi yojana account you should know the process of SSY account transfer.

How to transfer sukanya samriddhi account from bank to post office

Before transferring the account, you need to go to the bank branch or post office where you opened the account and request for the transfer. Bank / Post Office will give you the sukanya samriddhi yojana account transfer form. Very carefully it must be filled with correct details and completed.

 At the time of filling the ssy transfer request form, Name / Address of the bank / post office where the account will be transferred must be mentioned in the ssy transfer request form.

After that, along with the completed application form, the passbook should also be submitted. It is mandatory to hand over the original passbook for account transfer.

Your current bank / post office will verify the application form and other documents submitted by you and process the account transfer. The bank will close the account and send all the relevant documents (including the outstanding balance check / DD in the SSY account) to the new bank address you filled out in the application form. Sometimes bank / post office will be handed over / delivered the passbook to the Customer.

Therefore, before requesting an account transfer, you need to know whether the transfer details will be sent directly to the new bank address or delivered to you.

If your current bank transfer documents are sent directly to the new bank address. Open and hand over the relevant new passbook to the account holder. Some banks may require KYC documents along with the new application form.

If the documents are handed over to the customer, these documents must be submitted to the new bank / post office where you want to transfer the account properly. Fill in the sukanya samriddhi yojana account opening form once again for transferring the account to the new bank / post office. It is available at the bank / post office. KYC documents, photograph and sample signature should be submitted along with the application form. After completing this process the new bank will generate a new passbook with customer details.

Documents required to open a Sukanya Samridhi Yojana account

1. Account holder's photograph‌
2. Guardian Aadhaar Card
3. Guardian PAN Card
4. Child Date of birth Certificate
5. KYC documents (Guardian ID, Address Proof, etc.).