How to transfer your SSY account from post office to bank:Sukanya Samriddhi Accounts (SSA) has been designed by the government keeping in mind the expenses of girls’ education and marriage after a certain age. This is a small savings scheme. Sukanya Samriddhi Yojana encourages the parents of every girl child to deposit and save money for her better financial future.Under Sukanya Samriddhi Yojana, parents of the girl child can avail some special benefits, which include benefits like higher returns than other small savings schemes, financial security and stability for the girl child, and tax benefits under Section 80C of Income Tax.Under the Sukanya Samriddhi Yojana, at present many banks are preparing to provide the facility of opening an online account sitting at home.
IfIf you or any girl child in your family has an account opened in the nearest post office under Sukanya Samriddhi Yojana (SSY) and now you are thinking of transferring that account to any bank for convenience, then this news is useful for you. Is.Under Sukanya Samriddhi Yojana (SSY), the process of transferring the account opened in the post office in the name of the girl child to the bank is very easy. For better convenience and easy access, you can check here the step-by-step process to transfer your SSY account from post office to bank.
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Transfer to SSY account This is the simple process to do
First of all, go to the post office where SSY account is opened in your or your child’s name. While leaving home to post office, take these documents with you.
SSY Passbook
Necessary documents for KYC like Aadhar Card, PAN Card
A written transfer request form (available at the post office)
Tell the employee posted at the post office that you want to transfer your SSY account to your nearest bank. They will ask you to do this in the beginning.
Give request form for transfer of SSY account
To transfer your SSY account, submit the request form to the concerned post office and submit it along with your passbook and necessary documents. Check that all the information you provided with the request letter is correct, including the details of the bank branch where you want to transfer the SSY account.
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on requestPost office will take this action
The post office will check all the important details like your SSY account opening certificate, signature sample card, account details one by one. After that the transfer documents will be prepared.Will issue a check or demand draft for the amount deposited in your SSY account. NowThese documents and SSY account transfer letter Will be sent to your selected bank branch.
Collect transfer documents
When the post office processes your SSY account transfer request letter, they will give you a set of documents to submit to the bank. Will be included in these.
Transfer letter related to SSY account addressed to the bank
SSY Passbook
Other supporting documents
Go to the bank with transfer letter and other supporting documents
Now go to the bank branch where you want to transfer your SSY account and bring the transfer letter and other supporting documents likeUpdated KYC document (if required), latest photograph,sample signatureSubmit.The bank will verify the documents and process your request.
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SSY account transferred to bank will be activated
When the SSY account transfer process is completed, the bank will issue you a new SSY passbook. Which will contain your updated account details and transfer amount. You can now manage your SSY account through the bank’s facilities, including online banking. However, you will be able to manage your SSY account online only when this facility is provided by the bank.
Transfer of SSY account from post office to bank benefits of doing
Transferring your SSY account from post office to bank can make it much easier to manage your child’s account. Banks often have more branches and ATM facilities, making deposits and account management more convenient.
Many banks provide online and mobile banking facilities for SSY accounts, so you can check balance and deposit money anytime
Banks generally provide faster response and additional services compared to post offices.
Banks accept deposits through cash, check or online transfer.
Many banks allow you to track your SSY account balance and history digitally.
Banks often have better infrastructure and services, such as automated reminders for account deadlines.
Keep these things in mind while transferring your account
Check Fees: Some post offices may charge a nominal transfer fee, which is usually around Rs 100. Confirm charges before proceeding.
Keep Records: Keep a copy of all submitted documents for future reference.
Plan processing time: Transfers may take a few weeks, so start the process before any upcoming deposits.
Coordinate with the Bank: If your chosen bank offers online services for SSY, ask what the registration process will be once the transfer is completed.
