14.27 Million New accounts opened under Sukanya Samriddhi Account (SSA) between 2018 and 2021

14.27 Million New accounts opened under Sukanya Samriddhi Account (SSA) between 2018 and 2021

14.27 Million New accounts opened under Sukanya Samriddhi Account (SSA) between 2018 and 2021 From April 1, 2018 to October 31, 2021, 1,42,73,910 new…

authorReetudateDec 7, 2021
Last update on Dec 7, 2021

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14.27 Million New accounts opened under Sukanya Samriddhi Account (SSA) between 2018 and 2021 From April 1, 2018 to October 31, 2021, 1,42,73,910 new Sukanya Samriddhi Account (SSA) accounts were opened. Shri Pankaj Chaudhary, Union Minister of State for Finance, mentioned this in a written response to a question in the Lok Sabha today. The Minister provided the following information on the states with the highest and lowest number of SSA accounts as of October 31, 2021:

Statement Showing details of States with highest number of accounts

S. No. Name of the State/UT No of Accounts as on 31.10.2021
1 Uttar Pradesh 29,12,632
2 Tamil Nadu 26,03,872
3 Maharashtra 23,13,584
4 Madhya Pradesh 22,17,375
5 Karnataka 21,08,078

Statement Showing details of States with lowest number of accounts

S. No. Name of the State/UT No of Accounts as on 31.10.2021
1 Lakshadweep 331
2 Andaman and Nicobar Islands 5,305
3 Ladakh 6,209
4 Mizoram 10,204
5 Sikkim 11,455
The Minister stated that the reasons for varying number of accounts in different states could be the size of the population, ability and willingness of parents to save etc. The Minister stated details of the distribution proportion of public and private banks in number of accounts since launch of the scheme till 31.10.2021 as below:
S. No. Name of the Bank Distribution proportion in per cent
1 Public Banks 96.24
2 Private Banks 3.76
Note: While calculating distribution proportion, accounts opened under SSA in various Post Offices have not been considered.

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