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

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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