Sarkari Yojana Mahila Samma Saving Certificate: The government is running a special scheme called Mahila Samma Saving Certificate (MSSC) for women and girls. The purpose of this scheme is to encourage women to save and provide them financial security.
Sarkari Yojana Mahila Samma Saving Certificate: For women and girls, the government is running a special scheme called Mahila Samma Saving Certificate (MSSC). The objective of this scheme is to encourage women to save and provide them financial security. You can also invest in the government scheme in the name of your wife or daughter. This scheme is a great opportunity for safe investment. The scheme is getting an interest of 7.5% per annum. Interest is added every three months and after 2 years the investment money and interest are received together.
Who can apply?
This scheme is for all women and girls. For minor girls, their parents or guardians can open an account.
How to apply?
Fill the form: Get the MSSC form from the bank or post office. Fill in your name, address, and nominee details.
Submit the required documents:
ID proof: Aadhaar card, PAN card or passport.
Address proof: Aadhaar card, voter ID or electricity/water bill.
Photo: A recent passport size photo.
How much money can you invest
You can deposit money from ₹1,000 to ₹2 lakh in this scheme. The investment amount should be in multiples of ₹100. If the documents are found to be correct, you will get an MSSC certificate.
Withdrawal facility
In this scheme, you can withdraw 40% of your deposited money after one year.
Scheme rules and benefits
Interest rate: It gives an annual interest of 7.5%, which is added every three months.
Tax: Interest received from MSSC comes under the purview of tax. It is a safe and low-risk investment option. This scheme is for 2 years, which is best for short-term investment.
Why choose MSSC?
Mahila Samman Savings Certificate can prove to be helpful for women in future planning. It is not only safe but also gives good returns on investment. Getting principal and interest together in 2 years can make it a great opportunity for financial independence for women. This scheme gives women not only a chance to save but also to grow their money. With this, women can create a secure future for themselves and their families.