Smriti Irani has invested in this post office scheme, women have investment opportunity only till next year, get details

MSSC Post Office Scheme: To promote women empowerment and encourage women to invest, the central government runs the Mahila Samman Savings Certificate (MSSC) scheme. Finance Minister Nirmala Sitharaman started this scheme in last year's budget, after which, it was started from April 1, 2023. Union Minister Smriti Irani has also invested in this woman-centric small savings investment scheme. After the launch of MSSC, Smriti Irani had opened her Mahila Samman Savings Certificate account at the main post office located at Sansad Marg in New Delhi.

Investment can be made in MSSC scheme for a maximum of two years.

Women can invest from Rs 1,000 to Rs 2,00,000 in this.

At present, the interest offered in the scheme is 7.5 per cent.

If you also want to get the benefit of the scheme, you have the opportunity till March 31, 2025.

It means that if you open an account and invest in the scheme till this date, you can avail the benefits of it.

Know the special things about this scheme-

Benefits of Mahila Samman Savings Certificate Scheme

Mahila Samman Bachat Patra Yojana is like a fixed deposit scheme.

This is a one-time deposit scheme.

If we compare the interest rate of Mahila Samman Bachat Patra Yojana with other small savings schemes, it offers a better interest rate than many others.

Compared to National Savings Certificate, Public Provident Fund, Monthly Income Scheme, the interest rate of Mahila Samman Bachat Patra Yojana is quite attractive.

In Mahila Samman Savings Patra, one gets guaranteed return at an annual interest rate of 7.5 per cent.

The scheme matures only after two years. One can also do partial withdrawals.

There is no age restriction for deposits in this, investment can be made in this scheme in the name of a girl or woman of any age.

How to open MSSC account 

If you also want to invest in Mahila Samman Savings Certificate Scheme, you can open an account in the post office. Guardian account can be opened in the name of a minor girl. While opening an account, you need KYC documents like Aadhar card, PAN card, and a coloured photo, etc.

Partial withdrawal facility

According to the rules, after the completion of 1 year in Mahila Samman Savings Certificate Scheme, you are allowed to make partial withdrawals.

In such a situation, you can withdraw up to 40 per cent of the deposited money.

That means, if you have deposited Rs 2 lakh, after one year, you can withdraw Rs 80,000.

Maturity amount calculation

According to the Mahila Samman Saving Certificate Scheme calculator, if women invest Rs 50,000 in this scheme, then they will get Rs 8,011 as interest in two years and thus, a total of Rs 58,011 will be received on maturity.

If you invest Rs 1,00,000, you will get Rs 1,16,022 at the time of maturity at a 7.5 per cent interest rate.

If you deposit Rs 1,50,000, you will get Rs 1,74,033 after two years, i.e. Rs 24,033, you will get only interest.

If you invest Rs 2,00,000 in this scheme, you will Rs 32,044 in interest and you maturity amount after two years will be Rs 2,32,044.