If you are thinking of making an FD for a short term, then instead of investing the amount in your own name, invest it in MSSC in the name of your wife, mother or daughter. In this, you can earn a good amount from interest.
Mahila Samman Saving Certificate (MSSC): If you are thinking of making an FD for a short term, then instead of investing the amount in your own name, invest it in MSSC in the name of your wife, mother or daughter. Mahila Samman Saving Certificate (MSSC) is a one-time deposit scheme run by the government for women. Money can be invested in this scheme for 2 years and you can get 7.5 percent interest on that investment. A maximum of Rs 2 lakh can be invested.
If you invest ₹2,00,000 in this scheme for two years, you will earn ₹32,044 only from interest. But you will get a chance to invest in this scheme only till March 31 because at present the government has not extended the deadline of this scheme. Let us tell you according to the MSSC calculator how much interest you will get on investing 1,00,000, 1.50,000 and 2,00,000 rupees.
How much return on investment of one, one and a half and two lakhs
According to the Mahila Samman Saving Certificate Calculator 2025, if you invest Rs 1,00,000 in this scheme, at the rate of 7.5 percent interest, you will get Rs 1,16,022 at the time of maturity, and earn Rs 16,022 from interest. On the other hand, if you deposit Rs 1,50,000, you will get Rs 1,74,033 after two years.
In this case, you will earn Rs 24,033 from interest. On the other hand, if you invest Rs 2,00,000, then after two years, at the rate of 7.5 percent interest, 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.
This is how MSSC account will be opened
If you also want to invest in this scheme in the name of a woman in your house, then for this, their account will have to be opened in the post office. While opening the account, you will need KYC documents like Aadhar card, PAN card and colorful photo etc. There is no age restriction in this, investment can be made in this scheme in the name of a girl or woman of any age. Guardian account can be opened in the name of a minor girl.
Facility of partial withdrawal after 1 year
According to the rules, the Mahila Samman Savings Certificate Scheme matures in 2 years, but you get the facility of partial withdrawal after completion of 1 year. If needed, you can withdraw up to 40 percent of the amount after 1 year. Suppose you have deposited Rs 2 lakh in this scheme, then after one year you can withdraw Rs 80 thousand.
