Mahila Samman Savings Certificate: Women will become rich with this special scheme of Modi government
Mahila Samman Savings Certificate: For women, the government has created a specific program. In two years, this plan may make women wealthy. The government’s Mahila Samman Savings Certificate (MSSC) is one such program. It is specifically designed for girls and ladies. Its objective is to inspire women to save money. The interest rate is 7.5% and is increased every three months. This two-year plan is an excellent choice for a secure investment. Women will get the main and interest amount after two years.
Who is able to accept this plan?
Any girl or woman may participate in this plan. Parents or guardians may create an account for an underage girl.
How Should the Form Be Filled Out?
Pick up the paperwork at the post office or bank. Enter your nominee’s details, address, and name. Select the amount to be deposited as well.
Documents Needed
Send the form in with these papers.
Proof of identity: passport, PAN card, or Aadhaar card
Proof of address: voter ID, an Aadhaar card, or a water or electricity bill
Picture: A current passport-sized picture
The Amount of the Deposit
With this program, you may deposit a minimum of ₹1,000 and a maximum of ₹2 lakh. A deposit of ₹100 may be made in multiples.
How Can a Certificate Be Obtained?
Your investment will be confirmed with a certificate if your form and supporting documentation are determined to be accurate.
Withdrawal Capability
After a year, you may take up to 40% of the money you put under this plan.
Rules of the Scheme
The interest earned under this plan is subject to taxation. MSSC is a low-risk, safe choice that helps women save money in the near run. A simple and secure method for women to save money and be ready for the future is the Mahila Samman Savings Certificate.
