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

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

SOURCE: THE HINDU, THE ECONOMIC TIMES, PIB

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