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- 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
