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  • Earn more than 7% interest with Mahila Samman Savings Certificate – A Rs 1,000 investment scheme

Earn more than 7% interest with Mahila Samman Savings Certificate – A Rs 1,000 investment scheme

Decades ago, the government promoted saving money in banks, especially for a girl child's future. The central government continues this tradition with a savings scheme specifically for women.

1 Min read
Ajay Joseph
Published : Dec 06 2024, 04:03 PM IST
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Mahila Samman Savings Certificate Scheme

Mahila Samman Savings Certificate Scheme

The central government offers various small investment schemes, including the Mahila Samman Savings Certificate Scheme.

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7.5% Interest on Mahila Samman Savings Certificate

7.5% Interest on Mahila Samman Savings Certificate

Invest from Rs 1,000 to Rs 2,00,000 and earn 7.5% interest with this scheme. Get your investment back with interest in just 2 years. Invest at select post offices and bank branches. Rs 10,000 grows to Rs 11,602.

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Invest for Yourself or a Minor Girl Child

Invest for Yourself or a Minor Girl Child

Any Indian woman can invest for herself or a minor girl. Minors cannot invest directly; a guardian must invest on their behalf.

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Limited Time to Invest: Deadline Approaching

Limited Time to Invest: Deadline Approaching

The deadline for investing in this scheme is March 31, 2025. Don't miss out! Earn 7.5% interest every 3 months. A Rs 2 lakh investment yields Rs 15,000 quarterly and Rs 60,000 annually.

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Easy Investment Process

Easy Investment Process

Visit a post office or select bank branches with Aadhaar and PAN to apply. Apply online via the Department of Posts website (https://www.indiapost.gov.in/) or select bank websites. Provide personal details, Aadhaar, PAN, and invest via net banking or card. Interest is credited online.

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About the Author

AJ
Ajay Joseph
With over eight years of journalistic experience, Ajay Joseph Raj. P has been a dedicated member of the Asianet Newsable team, where he serves as the Chief Copy Editor. His expertise spans Business, Career, Stock Market, National, International, and viral/trending topics, with a knack for crafting compelling narratives that connect with diverse audiences.Before joining Asianet Newsable, Ajay honed his skills at OneIndia News and Opoyi English, gaining extensive experience in delivering impactful stories across various beats.
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