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 GURU’S DAILY INSIGHT
80. Conditions for withdrawal from SSA account

Eligibility for Withdrawal: 
The account holder (girl child) must be at least 18 years old or have passed the 10th standard, whichever comes first.

Withdrawal Conditions:
• Up to 50% of the balance at the end of the previous financial year can be withdrawn for higher education.

• Withdrawals can be made in installments, but only one withdrawal per year and a maximum of 5 withdrawals in total.

• Documentary proof, such as an offer of admission or a fee-slip from the educational institution, must be provided along with the withdrawal request.

• The withdrawal amount must not exceed the actual fee and other charges required for admission, as stated in the offer or fee-slip.

Withdrawal Limit: 
The total amount withdrawn cannot exceed 50% of the account balance at the end of the previous financial year, and the withdrawal can be spread across a maximum of 5 years.