Best post office scheme for women.. Do you know Mahila Samman savings scheme

Sekar Chandra
Best post office scheme for women.. Do you know Mahila Samman savings scheme?

Mahila Samman Savings Scheme Interest rate, minimum investment, know about this small savings scheme guaranteed by the government. The Mahila Samman Savings Certificate Scheme, launched in april 2023, is a government-guaranteed small savings scheme aimed at promoting women's financial development. Mahila Samman Savings Certificate also known as Mahila Samman Bachat Patra is available at post offices, public sector banks and selected private banks. Mahila Samman Savings Certificate, a limited term small savings scheme, is available till march 31, 2025. Post office Mahila Samman Savings Scheme Eligible customers Rs. The india Post website, indiapost.gov.in, allows opening of multiple accounts up to 2,00,000.

Women can invest in a certificate scheme for themselves or on behalf of a minor girl child. Mahila Samman Savings Scheme offers 7.5 per cent compounded quarterly for the quarter ending march 31, 2024. Based on this, in the scheme Rs. 10,000 deposit will grow to Rs.11,602 in two years. Mahila Samman Bachat Yojana (Mahila Samman Savings Scheme) matures within two years from the date of account opening. Eligible persons can set up a Mahila Samman Savings Certificate Account by submitting the application form along with KYC documents (Aadhaar and PAN), payment slip and money to be invested in cash or check at the post office.


On maturity, the total amount (principal and interest) is credited to the depositor's account. The Mahila Samman Savings Certificate Scheme allows a minimum investment of Rs 1,000 to set up an account. Maximum limit per customer across accounts is Rs 2 lakh. Only one deposit is allowed per account which is Rs. Must be more than 100. Mahila Samman Savings Certificate Scheme allows multiple accounts by the same depositor with a minimum interval of three months. After completion of one year from the date of opening, up to 40 percent of the dues can be withdrawn. Mahila Samman Savings Certificate account can be closed early even after completion of 6 months.

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