For opening a Sukanya Samariddhi Yojana account, specific eligibility criteria need to be met. You can find them listed below,
Only the child’s parent or legal guardian can open the Sukanya Samriddhi account under the girl’s name.
While opening the account, the age of the child should be less than ten years.
The maturity tenure is until the girl reaches the age of 21 years.
Only one account can be opened under the SSY scheme in the name of the girl child.
An individual family can open only two SSY under the name of each girl child.
Investors can make use of the higher interest rates offered by the company fixed deposits.