Clarification on operation of Sukanya Samriddhi Account (SSA) in the cases of gender transformation of girl child
Ministry of Finance (MoF) has issued a clarification regarding the operation of Sukanya Samriddhi Accounts (SSA) in cases where a gender transformation of the account holder has occurred. According to MoF’s clarification in OM No. 14/1/2018-NS dated 14.09.2023, the SSA account should be closed immediately upon such transformation, and the scheme’s interest rate will apply from the account’s opening date until the medical board confirms the gender change and a revised birth certificate is issued.
No.FS-10/17/2020-FS-Part(1)
Government of India
Ministry of Communications
Department of Posts
(F.S. Division)
Dak Bhawan New Delhi – 110001
Dated: 18.09.2023
To,
All Heads of Circle
Subject: Clarification on operation of Sukanya Samriddhi Account (SSA) in the cases of gender transformation of girl child – Reg.
Madam/Sir,
Tamilnadu Circle in Lr. No. SB/100-6/2/2022 dated 19.07.2023 requested clarification on operation of SSA if gender transformation of the girl child in whose name account stands opened has happened.
2. The matter was taken up with Department of Economic Affairs (DEA), Ministry of Finance (MoF) vide this office ID note of even number dated 21.08.2023. In response, DEA, MoF in OM No. 14/1/2018-NS dated 14.09.2023 has clarified that the account shall be closed immediately and scheme interest rate shall be applicable from the date of opening of account till the medical board reconfirmed the gender and revised birth certificate was issued. Post-gender transformation, the POSA interest rate shall be applicable till the closure of account.
3. A copy of the aforementioned DEA, MoF’s OM dated 14.09.2023 is attached herewith for reference.
4. It is requested that the above guidelines may be circulated to all the offices concerned for information and guidance.
5. This is issued with the approval of Competent Authority.
Yours faithfully,
Encl:- As above
(Vijayan T C)
Assistant Director (SB-I)
