Post Office Mahila Samman Savings Scheme: How to get Rs 32,000 interest on Rs 2 lakh investment in 2 years; know calculations
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 small savings scheme: For the final quarter of the financial year 2023-24, the Mahila Samman Bachat Patra scheme delivers an annual return of 7.5 per cent, compounded quarterly.