Mahila Samman Savings Certificate is a government scheme launched to help women financially. Women and young girls can deposit money in this scheme. This scheme gives 7.5% interest annually, and it is completed in two years.
Mahila Samman Savings Certificate: Beneficial Scheme for Women
What is the Mahila Samman Savings Certificate?
Mahila Samman Savings Certificate is a scheme that is only for women. It was started in April 2023. The purpose of this scheme is that women can save their money and increase it. This scheme is available in post offices, government banks, and some private banks. Money can be deposited in this scheme till 31 March 2025.
What are the benefits of this scheme?
The biggest advantage of this scheme is that it gives 7.5% interest annually. That is, if you deposit Rs 10,000, it will increase to Rs 11,602 in two years. A minimum of Rs 1,000 and a maximum of Rs 2 lakh can be deposited in this scheme. More than one account can also be opened in it.
Important things about the scheme
In this scheme, money can be withdrawn only after six months of depositing the money. After one year, you can withdraw up to 40% of the money. If you want to withdraw money early, you will get less interest. This will reduce the interest rate by 2%. This scheme is completed in two years. To open an account in this, you have to give your Aadhar card and PAN card.
Mahila Samman Savings Certificate is a scheme that helps women financially. In this scheme, women can save their money safely. The money deposited in the Mahila Samman Savings Certificate grows well in two years.
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