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1.42 Cr new accounts opened under Sukanya Samriddhi Account

Published: Dec 06, 2021

By TIOLCorplaws News Service

NEW DELHI, DEC 06, 2021: 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, 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:

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
	Uttar Pradesh	29,12,632
	Tamil Nadu	26,03,872
	Maharashtra	23,13,584
	Madhya Pradesh	22,17,375
	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
	Lakshadweep	331
	Andaman and Nicobar Islands	5,305
	Ladakh	6,209
	Mizoram	10,204
	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
	Public Banks	96.24
	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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