1,42,73,910 new accounts opened under Sukanya Samriddhi Account (SSA) between 2018 and 2021



Quick Summary
Between April 2018 and October 2021, a significant 1,42,73,910 new Sukanya Samriddhi Accounts (SSA) were established. This figure was shared by the Union Minister of State for Finance, Shri Pankaj Chaudhary, in the Lok Sabha. The data also highlights regional disparities, with Uttar Pradesh, Tamil Nadu, and Maharashtra showing the highest number of accounts, while Lakshadweep, Andaman and Nicobar Islands, and Ladakh had the fewest. Factors such as population size and parental savings capacity are cited as reasons for these variations.

The number of new accounts opened under Sukanya Samriddhi Account (SSA) from 01.04.2018 to 31.10.2021 is 1,42,73,910. This was stated by Union Minister of State for Finance Shri Pankaj Chaudhary in written reply to a question in Lok Sabha today.

The Minister stated details of States with the highest and lowest number of accounts under SSA as on 31.10.2021 as below:

Sukanya Samriddhi Account: Over 1.4 Crore New Accounts Opened

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

  1.  

Tamil Nadu

26,03,872

  1.  

Maharashtra

23,13,584

  1.  

Madhya Pradesh

22,17,375

  1.  

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

  1.  

Andaman and Nicobar Islands

5,305

  1.  

Ladakh

6,209

  1.  

Mizoram

10,204

  1.  

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

  1.  

Private Banks

3.76

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

FAQ :

A total of 1,42,73,910 new Sukanya Samriddhi Accounts were opened during this period.

Uttar Pradesh led with 29,12,632 accounts, followed by Tamil Nadu with 26,03,872, and Maharashtra with 23,13,584 accounts.

Lakshadweep had the lowest with 331 accounts, followed by Andaman and Nicobar Islands with 5,305, and Ladakh with 6,209 accounts.

The varying numbers are attributed to factors like population size and the ability and willingness of parents to save.

As of October 2021, public banks accounted for 96.24% of SSA accounts, while private banks held 3.76%. Accounts opened in post offices were not included in this calculation.




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