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HomePersonal FinanceInvesting in this scheme before 31 March can give you higher returns...

Investing in this scheme before 31 March can give you higher returns than FD; it will close on 1 April

Under the Mahila Samman Savings Certificate Scheme, 7.5 percent interest is being given. Let us tell you that at present women are not getting such interest on any short-term savings scheme. This scheme matures in 2 years.

MSSC Scheme: The savings scheme launched by the central government for special women will now be closed soon. Under the Mahila Samman Savings Certificate (MSSC) scheme launched in the year 2023, there is an opportunity to invest till March 31, 2025. Investment in this scheme will not be possible from April 1. Finance Minister Nirmala Sitharaman announced this scheme in the budget presented on February 1, 2023. However, in the budget presented this year, the Finance Minister did not make any announcement to extend this scheme. Therefore, this scheme will be closed on March 31 with the closure of bank and post office offices.

7.5 percent interest is being given under Mahila Samman Savings Certificate Scheme

7.5 percent interest is being given under Mahila Samman Savings Certificate Scheme. Let us tell you that right now women are not getting so much interest on any short term savings scheme. This scheme matures in 2 years and a maximum lump sum investment of Rs 2 lakh can be made in this scheme. You can also deposit a minimum of Rs 1000 in this scheme. This scheme can be opened in any bank. Apart from this, you can also open an MSSC account in the post office.

You will get absolutely fixed and guaranteed returns on MSSC

As the name suggests, only women’s accounts can be opened in this scheme. If you are a man, you can also open an account in this scheme in the name of your wife, mother, daughter or sister. This is a government scheme, so your money invested in it is completely safe. You will get absolutely fixed and guaranteed returns on this scheme. Keep in mind that the time to invest in it is only till March 31, 2025 and after that you will not be able to invest in this scheme.

Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
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