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Home Personal Finance Deposit ₹1 lakh in wife’s name and get fixed interest of ₹16,000,...

Deposit ₹1 lakh in wife’s name and get fixed interest of ₹16,000, with government guarantee

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Deposit ₹1 lakh in wife's name and get fixed interest of ₹16,000, with government guarantee

Only women can open accounts under Mahila Samman Savings Certificate, no man can open an account under this scheme. Under this scheme, women are getting a whopping 7.5 percent interest, which women do not get on any fixed income small savings scheme.

Best saving schemes for Women: Along with the state governments, the central government also runs many types of schemes for people of different classes. In this episode, the central government is also running many schemes keeping in mind the interests of women. To empower women financially, the government started a small savings scheme in the year 2023. The name of this savings scheme is Mahila Samman Savings Certificate (MSSC). In the budget to be presented this year, a demand has been made to extend the duration of MSSC. Actually, this is a tremendous scheme for women, in which very strong interest is available.

Account can also be opened with Rs 1000

Only women can open accounts under Mahila Samman Savings Certificate, no man can open an account under this scheme. Under this scheme, women are getting a whopping 7.5 percent interest, which women do not get on any fixed income small savings scheme. Mahila Samman Savings Certificate Scheme matures in 2 years and you can deposit a maximum of Rs 2 lakh in it. This scheme can also be opened with a minimum of Rs 1000. If you want, you can open an account in Mahila Samman Savings Certificate Scheme in any bank. Apart from this, you can also open an MSSC account in the post office.

If you deposit Rs 1 lakh, you will get guaranteed interest of Rs 16,000

If you are a man, you can open an account in this scheme in the name of your wife. If you deposit even just 1 lakh rupees in this scheme, then after 2 years on maturity your wife will get a total of 1,16,022 rupees. Out of which 16,022 rupees is only for interest. Mahila Samman Savings Certificate Scheme is completely safe and there is no risk of any kind in it. Let us tell you that in this scheme you get absolutely fixed returns with government guarantee.

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