Post Office Mahila Samman Savings Scheme (Mahila Samman Bachat Yojana): The latest among government-guaranteed small savings schemes, the Mahila Samman Savings Certificate, available at post offices, is a limited-period investment plan that delivers an annual return of 7.5 per cent, compounded quarterly, in a fixed term of two years. For instance, a one-time investment of Rs 10,000 in the Mahila Samman Bachat Patra (Savings Certificate) grows into Rs 11,602 upon maturity.
Post Office Mahila Samman Savings Certificate: A government-backed small savings scheme, the Mahila Samman Savings Certificate is a limited-period scheme for women depositors that matures in two years. The Mahila Samman Savings scheme, which permits a one-time deposit in the range of Rs 1,000-2,00,000, is available at post offices and select commercial banks.
A deposit of Rs 10,000 in the women-focused investment scheme grows into Rs 11,602 in the two-year period, and the total sum is credited into the account of the depositor at the time of closure, according to the India Post website, indiapost.gov.in.
For the quarter ending March 31, 2024, the scheme delivers a return of 7.5 per cent, compounded annually. At this rate, a sum of Rs 2 lakh in the account grows into Rs 2,32,044, including interest of Rs 32,044. Learn more about the Post Office Mahila Samman account here
A Mahila Samman Savings Certificate account can be set up by women for themselves or in favour of a minor girl child, according to the India Post website.
Here’s a chart illustrating how money grows into this government-guaranteed investment plan for women:
| Investment | Amount at maturity |
| Rs 10,000 | Rs 11,602 |
| Rs 15,000 | Rs 17,403 |
| Rs 20,000 | Rs 23,204 |
| Rs 25,000 | Rs 29,006 |
| Rs 30,000 | Rs 34,807 |
| Rs 35,000 | Rs 40,608 |
| Rs 40,000 | Rs 46,409 |
| Rs 45,000 | Rs 52,210 |
| Rs 50,000 | Rs 58,011 |
| Rs 55,000 | Rs 63,812 |
| Rs 60,000 | Rs 69,613 |
| Rs 65,000 | Rs 75,414 |
| Rs 70,000 | Rs 81,216 |
| Rs 75,000 | Rs 87,017 |
| Rs 80,000 | Rs 92,818 |
| Rs 85,000 | Rs 98,619 |
| Rs 90,000 | Rs 1,04,420 |
| Rs 95,000 | Rs 1,10,221 |
| Rs 1,00,000 | Rs 1,16,022 |
| Rs 1,05,000 | Rs 1,21,823 |
| Rs 1,10,000 | Rs 1,27,624 |
| Rs 1,15,000 | Rs 1,33,425 |
| Rs 1,20,000 | Rs 1,39,227 |
| Rs 125,000 | Rs 1,45,028 |
| Rs 1,30,000 | Rs 1,50,829 |
| Rs 1,35,000 | Rs 1,56,630 |
| Rs 1,40,000 | Rs 1,62,431 |
| Rs 1,45,000 | Rs 1,68,232 |
| Rs 1,50,000 | Rs 1,74,033 |
| Rs 1,55,000 | Rs 1,79,834 |
| Rs 1,60,000 | Rs 1,85,635 |
| Rs 1,65,000 | Rs 1,91,437 |
| Rs 1,70,000 | Rs 1,97,238 |
| Rs 1,75,000 | Rs 2,03,039 |
| Rs 1,80,000 | Rs 2,08,840 |
| Rs 1,85,000 | Rs 2,14,641 |
| Rs 1,90,000 | Rs 2,20,442 |
| Rs 1,95,000 | Rs 2,26,243 |
| Rs 2,00,000 | Rs 2,32,044 |
