Mahila Samman Savings Certificate Scheme : Many schemes are being run by the Government of India for women. One of these famous schemes is the Mahila Samman Savings Certificate Scheme, which is available only till next year. Therefore, now only a little time is left to invest in this scheme.
Finance Minister Nirmala Sitharaman announced the Mahila Samman Savings Certificate Scheme during the budget speech last year. The duration of thiat scheme is two years. In which interest rate is available at 7.5 percent. This scheme is available only till March 2025.
How to open a account in Mahila Samman Savings Certificate Scheme.
If you want to invest in Mahila Samman Savings Certificate Scheme, then for this you have to invest through the post office. An account can also be opened in the name of a girl below 18 years of age. But only the legal guardian of the girl can open an account in the name of the girl in the post office. To invest in this scheme of the post office, women will need documents like Aadhar card, PAN card, passport size photo.
Partial withdrawal is possible
The maturity of Mahila Samman Savings Certificate Scheme is in two years. If an investor wants to make a partial withdrawal from it, then partial withdrawal can be done after one year of investment. About 40 percent of the amount can be withdrawn after one year. That is, if you have invested two lakh rupees in your Mahila Samman Savings Scheme, then 80 thousand rupees can be withdrawn after one year.
How much return is received
If women invest 50 thousand rupees in ‘Mahila Samman Savings Certificate Scheme’, then this investment will get an interest of Rs 8011 in a period of two years. That is, a return of Rs 58,011 will be received on maturity. That is, if one lakh rupees is invested, then a return of Rs 1,16,022 will be received on maturity.