Mahila Samman Saving Certificate Scheme offers 7.5% interest: Key things to know

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Nov 23, 2023, 06:14:48 PM IST

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Mahila Samman Saving Certificate availability The Mahila Samman Saving Certificate is available from April 2023 to March 2025.

Text: Centre for Investment Education and Learning (CIEL)

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Mahila Samman Saving Certificate interest rate This scheme has a fixed interest rate of 7.5% per annum.

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Mahila Samman Saving Certificate: Who are eligible? Only a woman or the guardian of a minor girl child can open this scheme.

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Mahila Samman Saving Certificate: Minimum and maximum investment The minimum deposit amount is Rs 1,000 and the maximum deposit amount is Rs 2 lakh for an account holder across all MSSC accounts.

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Mahila Samman Saving Certificate tenure The maturity period of the Mahila Samman Savings Certificate account is two years.

(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)

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Mahila Samman Saving Certificate Scheme offers 7.5% interest: Key things to know

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