Mahila samman saving certificate: There is less time left to invest in the Women’s Honor Saving Certificate (MSSC) scheme. The government has not yet extended the time of investment in the Women’s Honor Saving Certificate (MSSC) scheme. The last day of investing in women’s honor certificate is 31 March 2025. Women who have not yet invested in this scheme have only time till March 2025.
MSSC Scheme for Women: Great opportunity for savings and better returns
The Government of India launched the MSSC (Women’s Honor Savings Certificate) scheme for women and girls. The scheme was launched on 31 March 2023 under the Amrit Festival of Independence and was implemented for a two -year period. The purpose of this scheme is to empower women financially and give them financial freedom.
What is the specialty of MSSC scheme?
The MSSC scheme is paid 7.5% annually, which is more than 2 years of FD of banks.
The scheme provides more returns with safe investment.
Account can be easily opened in post office or register banks.
How much money can you invest?
Minimum investment: Rs 1,000
Maximum investment: Rs 2,00,000
After a period of 2 years, the entire principal and interest is returned.
After 1 year, account holders can withdraw up to 40% amount.
Women’s honor scheme rules
In special circumstances such as a serious illness or death of the account holder, the account can be closed prematurely.
If the account holder closes the account after 6 months, the interest rate may be cut.
You can invest till 31 March 2025
The government has not announced to carry forward the MSSC scheme. In such a situation, it is necessary to invest by 31 March 2025. It is a great investment option with safe and high interest rates for women. If you have not yet invested, then go to the nearest post office or bank and open an account quickly.
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