Mahila Samman Savings Certificate

In the Budget 2023-2024, the Government announced the Mahila Samman Savings Certificate - a new small savings scheme for women investors.

Salient Features of MSSC: It is a small savings scheme backed by the government. Hence, it does not have any credit risk.

• Eligibility: The Mahila Samman Savings Certificate can be done only in the name of a girl child or woman.
• Interest Rate: This scheme will give a fixed interest rate of 7.5%, much higher than most bank Fixed Deposits (FDs) and other popular small savings schemes.
• Deposit Limits: The maximum deposit amount under the Mahila Samman Savings Certificate is ....