Women can get huge returns on two years of safe investment, know how to take advantage

Post Office Mahila Samman Savings Certificate Scheme: This government scheme, which gives assured returns with safe investment, is giving attractive interest to women. In which you can get 7.5 percent annual interest on nominal investment. In this scheme you can open an account through post office. Let us get detailed information about the scheme…

Mahila Samman Saving Certificate

Mahila Samman Savings Certificate Scheme, a small savings scheme of the Central Government, has been launched with the aim of making money on women's savings. In which if invested for 2 years, you can get 7.5 percent interest annually. Under this scheme maximum Rs. You can invest up to Rs 2 lakh. This scheme was launched in 2023. In which you can also open an account for daughters of 10 years of age or less.

You also get the benefit of tax exemption

The benefit of tax exemption is also available in this scheme. Due to which it has become popular among women. Mahila Samman Savings Certificate Scheme also offers 7.5 percent interest and TDS deduction on investments. According to the Central Board of Direct Taxes department, in this scheme senior citizens can get Rs. 1000 through interest during the financial year. If you have earned Rs 40 thousand to Rs 50 thousand then you will have to pay TDS.

Take advantage of the scheme like this

To avail the benefits of this small savings scheme, one can visit the nearest post office or bank and fill the application form. For which Aadhar Card, PAN Card, KYC and a check will have to be presented as proof.

16 percent return on two years investment