Mahila Samman Savings Certificate Scheme is a one time deposit scheme which is for the women of the country. This was announced by Finance Minister Nirmala Sitharaman during the budget, this scheme has started from April 1, that means now women can invest in this scheme.
Interest is being received at the rate of 7.5 percent on the amount deposited in MSSC. In this scheme, women can invest a minimum of Rs 1000 and a maximum of Rs 2 lakh. In this scheme, after two years, the entire money is received by including the deposit amount and interest. If you are also thinking of investing in this scheme, then know here how much return you will get by investing 100000, 1.50000 and 200000 rupees.
How much return on investment of one, one and a half and two lakhs
According to the Mahila Samman Saving Certificate Calculator 2023 (Mahila Samman Saving Certificate Calculator 2023), if you invest Rs 1,00,000 in this scheme at 7.5 percent interest rate, you will get Rs 1,16,022 at the time of maturity.
On the other hand, if you deposit Rs 1,50,000, then 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
If you also want to invest in Mahila Samman Bachat Patra Yojana, then you can open an account in the 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 have to fill Form-1, as well as KYC documents like Aadhaar card, PAN card and colorful photo etc. will be required.
Can take advantage of the scheme till 2025
At present, this scheme has been started for 2 years, that is, the benefit of this scheme can be availed till the year 2025. While opening the account, you have to fill Form-1. Whereas at the time of maturity, you can withdraw the amount by depositing Form-2. On the other hand, if you want to withdraw money from the account before the maturity period, then you get this facility after 1 year. In this case, you can withdraw up to Rs 40,000 by submitting Form-3.
