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Post Office Mahila Samman Savings Certificate: The government-backed small savings scheme, Mahila Samman Savings Certificate, is a limited-term scheme for women depositors that matures in two years. Mahila Samman Savings Scheme, which allows lump sum deposits in the range of Rs 1,000-2,00,000, is available in post offices and select commercial banks.
According to India Post's website indiapost, a deposit of Rs 10,000 in the women-centric investment scheme grows to Rs 11,602 over a period of two years, and the total amount is credited to the depositor's account at the time of closure. gov.in.
For the quarter ending March 31, 2024, the scheme offers returns of 7.5 per cent, compounded annually. At this rate, the amount of Rs 2 lakh in the account grows to Rs 2,32,044, which includes interest of Rs 32,044. Know more about Post Office Mahila Samman Account here
According to the India Post website, Mahila Samman Savings Certificate Account can be established by women for themselves or in favor of a minor girl.
Here's a chart that shows how money grows in this government-guaranteed investment scheme for women:
| Investment | amount on maturity |
| Rs 10,000 | Rs 11,602 |
| Rs 15,000 | Rs 17,403 |
| Rs 20,000 | Rs 23,204 |
| Rs 25,000 | Rs 29,006 |
| Rs 30,000 | Rs 34,807 |
| Rs 35,000 | Rs 40,608 |
| Rs 40,000 | Rs 46,409 |
| Rs 45,000 | Rs 52,210 |
| Rs 50,000 | Rs 58,011 |
| Rs 55,000 | Rs 63,812 |
| Rs 60,000 | Rs 69,613 |
| Rs 65,000 | Rs 75,414 |
| Rs 70,000 | Rs 81,216 |
| Rs 75,000 | Rs 87,017 |
| Rs 80,000 | Rs 92,818 |
| Rs 85,000 | Rs 98,619 |
| Rs 90,000 | Rs 1,04,420 |
| Rs 95,000 | Rs 1,10,221 |
| Rs 1,00,000 | Rs 1,16,022 |
| Rs 1,05,000 | Rs 1,21,823 |
| Rs 1,10,000 | Rs 1,27,624 |
| Rs 1,15,000 | Rs 1,33,425 |
| Rs 1,20,000 | Rs 1,39,227 |
| Rs 125,000 | Rs 1,45,028 |
| Rs 1,30,000 | Rs 1,50,829 |
| Rs 1,35,000 | Rs 1,56,630 |
| Rs 1,40,000 | Rs 1,62,431 |
| Rs 1,45,000 | Rs 1,68,232 |
| Rs 1,50,000 | Rs 1,74,033 |
| Rs 1,55,000 | Rs 1,79,834 |
| Rs 1,60,000 | Rs 1,85,635 |
| Rs 1,65,000 | Rs 1,91,437 |
| Rs 1,70,000 | Rs 1,97,238 |
| Rs 1,75,000 | Rs 2,03,039 |
| Rs 1,80,000 | Rs 2,08,840 |
| Rs 1,85,000 | Rs 2,14,641 |
| Rs 1,90,000 | Rs 2,20,442 |
| Rs 1,95,000 | Rs 2,26,243 |
| Rs 2,00,000 | Rs 2,32,044 |
