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Sukanya Samriddhi Yojana: Can you withdraw money before 21 years? Know the government rules!
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News18•03-10-2026, 14:11
Sukanya Samriddhi Yojana: Can you withdraw money before 21 years? Know the government rules!
- •Money can be withdrawn from Sukanya Samriddhi Yojana before 21 years, but under specific terms and conditions.
- •Up to 50% of the account balance can be withdrawn for higher education after the girl turns 18 or passes 10th standard.
- •This amount must be used solely for the girl's college admission fees, tuition, or educational expenses.
- •If the girl turns 18 and her marriage is fixed, the account can be prematurely closed without waiting for 21 years.
- •In unfortunate circumstances like the girl's demise, the entire accumulated amount with interest is given to the parents/guardian.
Key Questions Answered
Yes, funds can be withdrawn before the completion of 21 years under specific conditions, such as for the girl's higher education once she turns 18 or passes the 10th standard. Partial withdrawals are limited to 50% of the account balance at the end of the previous financial year.
If the account holder turns 18 and her marriage is fixed, the account can be closed prematurely. An application must be submitted either 1 month before the marriage or within 3 months after it, along with legal proof of age and marriage documents.
Deposits are required to be made for only 15 years from the date the account is opened, while the account remains active for the remaining 6 years to earn government interest until its 21-year maturity.
