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Mahila Samman Savings Certificate: You will get huge returns by investing just Rs 1000! Understand the complete calculation

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Mahila Samman Savings Certificate: You will get huge returns by investing just Rs 1000! Understand the complete calculation

Mahila Samman Savings Certificate: This year, in the budget session of 2023-24, Finance Minister Nirmala Sitharaman had presented a special investment plan. Mahila Samman Savings Certificate Scheme has been introduced especially for women. By investing in this, you can avail huge returns after some time.

Today we are going to tell you in detail about Mahila Samman Savings Certificate through video. It will also give information about how you can get huge returns by investing Rs 1000.

What is Mahila Samman Savings Certificate 2023

Mahila Samman Savings Certificate is a small savings scheme. There is no credit risk of any kind. This scheme of the government has been started especially for women.

Mahila Samman Savings Certificate Eligibility

Mahila Samman Bachat Patra Yojana has been introduced only for women. Under this, investment can be made in the name of any girl or woman. If desired, parents of a woman or a minor girl can open an account under this scheme.

Mahila Samman Saving Certificate Deposit Limits

  • The minimum deposit amount is Rs 1,000 in multiples of Rs 100.
  • The maximum deposit amount in this is Rs 2 lakh.

Under the scheme, a woman or a parent of a girl child can open a second Mahila Samman Savings Certificate account within at least 3 months of opening the existing account.

Banks Offering Mahila Samman Savings Certificate

  • Bank of Baroda
  • Canara Bank
  • Bank of India
  • Punjab National Bank
  • Union Bank of India
  • Central Bank of India
  • state Bank of India
  • post office

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