MSSC: Women’s Honor Savings Certificate i.e. MSSC is a government savings scheme. The Narendra Modi government at the Center started this scheme in the year 2023. The scheme was announced by the Finance Minister in the budget presented for FY 2023-24, after which it was launched. However, this year this tremendous scheme will be closed. Accounts can be opened under MSSC only by 31 March 2025. Accounts will not be opened in this scheme from April 1, 2025. Let us tell you that this Dhansu government scheme gets matured in just 2 years.
Maximum Rs 2 lakh can be deposited in MSSC
The MSSC scheme is currently getting a strong interest of 7.5 percent. Let us tell you that women are not getting so much interest on any other savings scheme for this period. Women’s Honor Savings Certificate Scheme has to invest outright. You can open an account in this scheme from just 1000 rupees. Maximum Rs 2 lakh can be deposited in MSSC. Only women’s accounts can be opened under this scheme. A minor girl’s account can also be opened in MSSC. If you are a male, then you can also open an account in the name of your wife, daughter, mother or sister.
If you deposit 2 lakh rupees, how many rupees will be received on maturity
An account can be opened under the post office as well as the Women’s Honor Savings Certificate Scheme in any bank in the country. If you deposit 2 lakh rupees in this scheme, then you will get a total of Rs 2,32,044 on maturity. This amount includes an interest of Rs 32,044 in addition to your investment of Rs 2 lakh. Let us tell you that on depositing Rs 2 lakh under this scheme, you will get a fixed interest of Rs 32,044 with a guarantee. As we already stated that this is a government scheme .. Therefore, investing in MSSC is completely safe.
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