SUKANYA SAMRIDDHI ACCOUNT - MATURITY PAYMENT
An account will be treated as matured on completion of 21 years from the date of opening of the account. The maturity amount shall be paid to the girl child only in whose name the account was opened. For this purpose, the account shall be converted to the girl's name after collecting her identity proof and KYC documents. On completion of 18 years of age itself, the girl can get the account converted to her name.
The closure of the account may also be permitted before completion of twenty-one years if the account holder (girl child) on an application makes a request for such closure for the reason of her intended marriage on furnishing of a declaration duly signed on non-judicial stamp paper attested by the notary supported with proof of age confirming that the applicant will not be less than eighteen years of age on the date of marriage. No such closure shall be allowed before one month from the date of the intended marriage or after three months from the date of marriage.
