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Q.

How to Transfer Money from SBI to Sukanya Samriddhi account?

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-2 2023-05-23T10:34:16+00:00

One of our relatives has been investing in SSY for a long time and has been able to save a good amount of money for my cousin. During a visit to their house, I learned about this scheme in detail and also how to transfer money to Sukanya Samriddhi account online SBI. This scheme, Sukanya Samriddhi Yojana or SSY is a deposit scheme initiated to financially secure the future of a girl child in 2015. It is necessary to deposit money in SSY account either at once in a financial year or in regular instalments. Let me share how to transfer money from sbi to sukanya samriddhi account to give you more insigh about it.

How to transfer money from SBI bank to Sukanya Samriddhi Account?

It is very easy to transfer money from SBI to SSY. Here is how you can transfer money-

  • Go to the

    netbanking portal of SBI

    and log in

  • Click on Transfer/Payment option

  • Select account within SBI

  • Enter you Savings Bank Account details

  • Enter the amount to be transferred

  • Select transfer to SSY account

  • Select Pay Now under Payment option

  • Click on Submit

  • You will get an OTP on your registered number which you will need to submit

Once you enter it and click on confirm, your transfer will get completed.

What is the minimum transfer amount for Sukanya samriddhi account?

You will need to contribute a minimum amount of Rs 250 in each financial year to your Sukanya Samriddhi account. The maximum investment allowed in this account is Rs 1.5 lakh up to the end of 15th year from the opening of the account. 

I have complete knowledge of how to transfer money to Sukanya Samriddhi account online SBI now, and I hope you do too.

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