MSSC Scheme: Under the Mahila Samman Savings Certificate Scheme, 7.5 percent interest is being given. Let us tell you that right now women are not getting this much interest on any short term savings scheme. This scheme matures in 2 years.
MSSC Scheme: The savings scheme started by the Central Government especially for women will now be closed soon. Under the Mahila Samman Savings Certificate (MSSC) Scheme started in the year 2023, there is an opportunity to invest till March 31, 2025. Investment in this scheme will not be possible from April 1. Finance Minister Nirmala Sitharaman announced this scheme in the budget presented on February 1, 2023. However, in the budget presented this year, the Finance Minister did not make any announcement to extend this scheme. Therefore, this scheme will be closed on March 31 with the closure of bank and post office offices.
7.5 percent interest is being given under Mahila Samman Savings Certificate Scheme
7.5 percent interest is being given under Mahila Samman Savings Certificate Scheme. Let us tell you that women are not getting this much interest on any short term savings scheme right now. This scheme matures in 2 years and a lump sum investment of maximum Rs 2 lakh can be made in this scheme. You can also deposit a minimum of Rs 1000 in this scheme. This scheme can be opened in any bank. Apart from this, you can also open MSSC account in post office.
Absolutely fixed and guaranteed return will be available on MSSC
As the name suggests, only women’s accounts can be opened in this scheme. If you are a man, you can also open an account in this scheme in the name of your wife, mother, daughter or sister. This is a government scheme, so your money invested in it is completely safe. You will get absolutely fixed and guaranteed return on this scheme. Keep in mind that the time to invest in this is only till March 31, 2025 and after that you will not be able to invest in this scheme.
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