MAHILA SAMMAN SAVINGS CERTIFICATES

Mahila Samman Savings Certificates made available in Post Offices.
Mahila Samman Savings Certificate scheme is a small savings scheme backed by the government.
It does not have any credit risk.
This scheme is a one-time small savings scheme that will be made available for a period of two years, up to March 2025.

Eligibility

It can be done only in the name of a girl child or woman.
Interest Rate
It will give a fixed interest rate of 7.5.
Deposit Limits
The maximum deposit amount under the Mahila Samman Savings Certificate is Rs.2 lakh.
Premature Withdrawal
A partial withdrawal facility is provided under the scheme.

SOURCE: THE HINDU, THE ECONOMIC TIMES, PIB

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