If you want to get a good return by investing in the name of your mother, daughter, and wife, this news can prove important for you. Let us tell you that a special scheme was introduced by the central government for women. The name of this scheme is Mahila Samman Saving Scheme. The period of investment in this scheme is 2 years. This scheme has been designed only for women. At the same time, customers get interest at the rate of 7.50 percent. Let us know about it in detail.
How much can you invest?
A maturity period of 2 years has been fixed in the Mahila Samman Saving Scheme. The special thing about this scheme is that women can invest from a minimum of 1 thousand rupees to a maximum of 2 lakh rupees. At the same time, let us tell you that under this scheme, women of any age can open an account. However, the account of a daughter below 18 years of age is opened under the supervision of parents.
How to open an account?
If women want to open an account in this scheme, they can open the account to the post office or bank. While opening an account in this scheme, you must complete a form and the KYC process. For this, an Aadhar card, PAN card and passport-size photo are required as all your documents.
Pre-maturity facility is available
Let us tell you that in this scheme, the government investors are given the facility to withdraw money before maturity by the government. Under this scheme, 40 per cent of the deposited money can be withdrawn after 1 year. If the account holder dies, the nominee can claim this page and withdraw the deposited amount. However, if the account holder dies, then the account can be closed prematurely for any reason. They will get interested at the rate of 5.50 instead of 7.50 per cent.
