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Mahila Samman Savings Certificate Scheme in Details

The Mahila Samman Saving Certificate, 2023, is available from 01/04/2023 in the Post Offices/Banks at an interest rate of 7.5% p.a. The Union Finance Minister, Smt. Nirmala Sitharaman announced Mahila Samman Saving Certificate, a new small savings scheme for women and girls, in her Budget Speech 2023-24. The Mahila Samman Savings Certificate scheme was announced to commemorate the Azadi ka Amrit Mahotsav. Basics Feature are : 1. Only for Females 2. Maximum Investment limit is 2 lakhs 3. Multiple account can be opened 4. Minimum investment of 1000 and there after multiple of 100 5. Tenure is of 2 years 6. Premature withdrawal allowed after six month @5.50% annum. 7. Interest rates applicable is 7.50% per annum 8. Partial withdrawal allowed upto 40% after one years. Topics covered are : 00:00 what is Mahila Samman Savings Certificate Scheme 00:27 eligibility only females are allowed 00:39 7.50% interest is applicable on scheme 00:47 Scheme is for two years 00:59 minimum 1000 and maximum 2 lakh investment allowed 01:10 Multiple accounts allowed with overall ceiling of 2 lakhs 01:19 Prematurely closure of account 01:39 partial withdrawal allowed upto 40% after one year 01:51 no tds and normal income tax rule applicable 02:05 presently post office and bank of india is opening this account Murari Garg 9717550964( Whatsapp) #MahilaSammanSavingsCertificate #mssc #womensavingacheme #mahilasavingscheme #governmentscheme #governmentschmeforwomen