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

Reetu | Dec 7, 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 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/UTNo of Accounts as on 31.10.2021
1Uttar Pradesh29,12,632
2Tamil Nadu26,03,872
3Maharashtra23,13,584
4Madhya Pradesh22,17,375
5Karnataka21,08,078

Statement Showing details of States with lowest number of accounts

S. No.Name of the State/UTNo of Accounts as on 31.10.2021
1Lakshadweep331
2Andaman and Nicobar Islands5,305
3Ladakh6,209
4Mizoram10,204
5Sikkim11,455

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 BankDistribution proportion in per cent
1Public Banks96.24
2Private Banks3.76

Note: While calculating distribution proportion, accounts opened under SSA in various Post Offices have not been considered.

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