Mahila samman savings scheme started. Along with savings and investment in India, the new scheme for good interest rates will be implemented from today. Mahila Samman Savings Scheme is available for investment from April. In this new investment scheme, savings will be encouraged by giving good interest to women in general.
Higher interest rate has been provided in Mahila Samman Savings Account and in view of such situation, this savings system has been given only to women. This savings scheme with higher interest rate, accounts can be opened for women or minor girls on the application of the guardian.
Getting guaranteed interest of 7.5%.
Up to 7.5% interest is being provided in this savings scheme, although there are some other terms and conditions for which your life is important.
- This account can be opened till March 31, 2025.
- Maximum ₹ 200000 per year can be deposited in the account.
- More than one account can also be opened under this investment scheme.
When up to 8% interest is being received in government and other private banks, then what will be the benefit of this Women’s Savings Samman Account in such a situation? The answer to this question is something like this, because of the increase in the repo rate due to high inflation, banks are paying up to 8% interest.
But changes are being made from time to time by the Reserve Bank of India, due to the repo rate, the interest rates will go down again in the days to come, then such huge fixed deposit interest rates will not be available in the banks. In such a situation, this savings investment will be considered very good for women and an additional savings scheme will be available to the people.
