MSSC: Women mostly want to invest their savings in such places where their money is completely safe and they also get good interest. In such a situation, Mahila Samman Saving Certificate (MSSC) can prove to be better for them. This is a deposit scheme, in which interest is being given at the rate of 7.5%. Women can deposit money in this scheme for two years. Know how much return you will get on investing ₹ 50,000, ₹ 100000, ₹ 150000 and ₹ 200000.
How much profit on investing Rs 2,00,000?
According to the MSSC Calculator, if you invest Rs 2,00,000 in this scheme, 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.
How much profit on an investment of Rs 1,50,000?
If you deposit Rs 1,50,000, you will get Rs 1,74,033 after two years, that is, you will get Rs 24,033 only as interest.
How much return on investment of Rs 1,00,000?
If you invest Rs 1,00,000 in it, then at the rate of 7.5 percent interest, you will get Rs 1,16,022 at the time of maturity.
What will you get if you invest Rs 50,000?
If you invest Rs 50,000 in this scheme, you will get Rs 8011 as interest in two years and thus you will get a total of Rs 58,011 on maturity.
You can open an account here
If you also want to invest in Mahila Samman Savings Certificate Scheme, then you can open an account in post office or authorized banks. Women of any age can invest in it. Guardian account can be opened in the name of a minor girl. While opening the account, you will need KYC documents like Aadhar card, PAN card and colorful photo etc.
Partial withdrawal facility after one year
According to the rules, after completion of 1 year in Mahila Samman Savings Certificate Scheme, you get permission for partial withdrawal. In such a case, you can withdraw up to 40 percent of the deposited money. That is, if you have deposited Rs 2 lakh, then after one year you can withdraw Rs 80 thousand.
