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Home Personal Finance Small Saving Scheme: Big News! How to open MIS, SCSS and MSCC...

Small Saving Scheme: Big News! How to open MIS, SCSS and MSCC account online, know the step by step process here

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Post Office Savings Account: Start your closed account easily in this way, know the method

The government has recently released the list of interest rates for small savings schemes like Monthly Income Scheme (MIS) accounts, Senior Citizen Savings Scheme (SCSS) accounts and Mahila Samman Savings Certificate (MSSC) accounts for the December quarter. Today we will tell you how you can open MIS SCSS and MSCS account online. Read what is the complete news.

New Delhi. To encourage citizens to save regularly, the government is running Small Saving Scheme.Recently, the government had released the list of interest rates for small savings schemes like Monthly Income Scheme (MIS) account, Senior Citizen Saving Scheme (SCSS) account and Mahila Samman Saving Certificate (MSSC) account for the December quarter. Today we are going to tell you how to open MIS, SCSS and MSCC accounts online.

Postal Department issued circular

Issuing a circular, the Postal Department said that customers of MIS, SCSS and MSCC schemes can now open accounts online also.

Customers can now open accounts for these schemes by visiting the Internet Banking facility of the Postal Department.

What is step by step process?

Let us tell you that the process of opening accounts of MIS, SCSS and MSCC schemes is the same:

  • First of all you have to go to the internet banking website of the postal department.
  • After this you will have to click on ‘General Service’ tab.
  • After this you will have to click on the ‘Service Request’ tab.
  • After this you select ‘New Request’ and click on ‘OK’.
  • Then click on the option whose account you want to open. Like ‘MIS Account or MSSC Account or SCSS Account.
  • Then enter the deposit amount (the amount should be determined as per the scheme rules).
  • After this select the debit account (linked PO savings account).
  • Then enter ‘Transaction Comments’ if required.
  • Then select the check box to agree to the terms and conditions
  • Then click on ‘Submit Online’.
  • Enter ‘Comment’ if additional details are required.
  • Then set ‘Transaction Password’
  • Finally click on ‘Submit’ (Account will be opened once all conditions are met). After this you can download and view the deposit receipt.
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