InvestorQ : I have twins- a son and a daughter. Can I open Sukanya Samriddhi Yojana (SSY) accounts for both of them?
Aswini Chikkodi made post

I have twins- a son and a daughter. Can I open Sukanya Samriddhi Yojana (SSY) accounts for both of them?

Answer
image
Sadaf Khan answered.
3 years ago
Follow

No, you cannot. The name Sukanya Samriddhi Yojana itself contains ‘Sukanya’ which in Hindi means daughter. Thus, this savings scheme is only for girl children and not for boys.

The government’s objective behind launching this small savings scheme was to encourage parents to open accounts in their daughter’s names so that they can start saving for their education and marriage early on.

The scheme is a part of the government’s “**** Bachao – **** Padhao” initiative.

16 Views