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Mahila Samman Savings Scheme: How much return will be received on investment of Rs 50000, 100000 and 200000, see calculation

Under Mahila Samman Bachat Patra Yojana, women have to deposit money for two years. Know how much return they will get on investment of Rs 50000, Rs 100000 and Rs 200000.

Mahila Samman Savings Scheme 2023 is a special scheme run by the government for women. This is a deposit scheme in which very good interest is given to women. In MSSC, money has to be deposited for two years. After two years you get the entire amount back along with interest and principal. At present, interest on this scheme is 7.5 percent. In such a situation, if you invest Rs 50,000, Rs 1,00,000 and Rs 2,00,000 in this government scheme, then how much return will you get? Know the calculation here.

What is the return on investment from Rs 50,000 to Rs 2 lakh?

According to Mahila Samman Saving Certificate Scheme Calculator 2023, if you invest Rs 50,000 in this scheme, then after two years at 7.5 percent interest rate, you will get Rs 8,011 as interest on the amount. but will meet. In this way, after two years you will get a total of Rs 58,011.

Whereas if you invest Rs 1,00,000 in the scheme, then at 7.5 percent interest rate you will get Rs 1,16,022 at the time of maturity. If you deposit Rs 1,50,000, you will get Rs 1,74,033 after two years. If you invest Rs 2,00,000, then after two years at 7.5 percent interest rate, you will get Rs 32,044 as interest on the invested amount. In this way you will get a total of Rs 2,32,044 on maturity.

Where will the account be opened

Any woman can open her account in post office or authorized banks. For girls below 18 years of age, their parents can open this account. While opening an account, you will have to fill Form-1, along with this you will need KYC documents like Aadhar Card, PAN Card and colorful photo etc. The benefit of this scheme can be availed till the year 2025.

Withdrawal rules

If you want to withdraw money from the account before the maturity period, then you get this facility after 1 year. If you need money in between, then after completion of 1 year, you can withdraw up to 40 percent of the deposited money. Can take out.

If the account holder falls seriously ill or dies, the Mahila Samman Savings Patra Scheme account can be closed after six months of opening the account. But in this situation the money is returned by reducing the interest rate by 2%. In such a situation, interest will be given at the rate of 5.5 percent.

Read this: Bank Transaction: Big News! Tax will have to be paid on withdrawing money from bank account, know how much amount can be withdrawn in a year

Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
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