look news india
Mahila Samman Savings Certificate: If you are a woman and want to invest your savings in the near future and want to get guaranteed returns after a certain period, then this news is for you. Actually, the Modi government had launched a special scheme for women in the year 2023, which is known as 'Mahila Samman Saving Certificate'. This is a short-term savings scheme under which any woman can invest. Let us tell you that under this scheme, customers get 7.50 percent compound interest. Let us know about this scheme in detail.
How much can you invest?
Let us tell you that the maturity period of Mahila Samman Savings Certificate Scheme is 2 years. Under this scheme, any woman can invest from Rs 1000 to Rs 2 lakh. Under the Women Savings Certificate Scheme, women of any age can open this account. Let us tell you that a girl below 18 years of age can also open an account under this scheme under the supervision of her parents.
How to open an account in this scheme
Under Mahila Samman Savings Certificate Scheme, you can open an account in post office or authorized banks. While opening an account you will have to complete the KYC process by submitting a form. For this you will need Aadhar card, PAN card and passport size photo. After this you can deposit up to Rs 2 lakh in your account.
You can withdraw money even before maturity
Let us tell you that under this scheme the government has also provided the facility of early withdrawal. Under this scheme, the account holder can withdraw up to 40% of his deposited capital after 1 year. Additionally, if the account holder dies under any circumstances, the nominee can withdraw the accumulated capital by making a claim on this page. At the same time, if the account holder closes the account prematurely for any reason, then he will get 5.50% interest instead of 7.50%.