These days, saving money is super important for everyone, whether you’re a guy or a girl. You never know when you might need some cash, so it’s crucial to invest wisely while you’re working or running a business. This way, you won’t find yourself scrambling for money when times get tough.
You definitely don’t want to be in a position where you have to ask others for help. Having your own savings can really make a difference during difficult times. If you’re a woman on the lookout for a solid investment option, let me introduce you to a fantastic scheme that promises good returns. Let’s dive into what this scheme is and what kind of returns you can expect.
Check out the Mahila Samman Savings Certificate Scheme
There are plenty of savings schemes available for women these days, and they can offer some great returns. One standout option is the Mahila Samman Savings Certificate Scheme, which was launched by the Government of India. This scheme kicked off on April 1, 2023, and it offers women a really attractive interest rate.
This scheme has a two-year term, and you can start with as little as one thousand rupees. The maximum investment allowed is Rs 2 lakh. Plus, the interest is credited to your account every three months.
Great interest rates
Women can earn a nice amount of interest through the Mahila Samman Savings Certificate Scheme, currently set at 7.5% per annum. There are also tax benefits associated with this scheme. If you want to enroll girls under 18, their parents or guardians can easily open an account for them.
Desclaimer: For any financial invest anywhere on your own responsibility, Times Bull will not be responsible for it.