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What happens if Sukanya Samriddhi Account holders miss deposit deadline?

short by Soheib Ahsan / on Tuesday, 3 November, 2026
The amount deposited in the government-backed Sukanya Samriddhi Account does not disappear if an account holder misses the annual deposit deadline or forgets to maintain minimum contribution, NDTVProfit reported. A default account can be brought back into operation by depositing the arrears, calculated at ₹250 for each financial year. A penalty amount of ₹50 is also calculated for each year.
read more at NDTV Profit