Mahila Samman Savings Certificate: More interest than FD, post office schemes with this new scheme.. What is it?

Mahila Samman Savings Certificate: The central government is taking various schemes to increase the financial security of the people. It has already made things like post office schemes and LIC schemes accessible to people. By offering more interest in these, they are taking good savings plans to the people. But at the same time, the central government has also made an important announcement about another new scheme in the recent central budget. Same as Mahila Samman Savings Certificate (MSSC). Finance Minister Nirmala Sitharaman revealed that this is a one-time small savings scheme.

Let us now know about this Mahila Samman Savings Certificate. Under this scheme, deposits can be made in the name of women or girls. A maximum of Rs.2 lakh can be invested in this. What is the minimum is not clear. It also offers a fixed interest rate of 7.5 percent. That means paying 7.5 percent interest. But is it quarterly? Yearly? It is to be known. This is a lump sum investment scheme.. It is available till March 2025.

Adani Group sensational.. Money back to all investors.. What happened?

This Mahila Samman Savings Certificate has many advantages over other small savings schemes. Center is offering higher interest rate in this scheme than them. For example, deposits with a tenure of two years currently fetch 6.8 percent interest. But on this scheme only 7.5 percent fixed interest is available.

There are currently two small savings schemes that offer higher interest than the Mahila Samman Savings Certificate. They are Sukanya Samriddhi Yojana, Senior Citizen Savings Scheme. Only in these two the Center gives more interest than the newly introduced scheme. For the January-March quarter of 2023.. Sukanya Samriddhi Yojana offers 7.6 percent interest while Senior Citizen Savings Scheme offers 8 percent interest. But it should be remembered that there are many conditions including longer lock-in period which means having to invest for a longer period of time.

Hindenburg effect.. Adani shares fall.. Anand Mahindra’s tweet saying no challenge to India.. is it true?

Also keep in mind that FD interest rates in other leading banks are much lower than Mahila Samman Savings Certificate. HDFC, ICICI and Kotak Mahindra Bank are currently offering 7 percent interest on FDs with tenure of two years. And in the giant public sector bank, State Bank of India, it is very low at 6.75 percent.

Rs.5 lakh crore loss to Adani..all because of Hindenburg..who is behind this? Do you know these things?

These are the features of Mahila Samman Savings Certificate.

• There is support from the central government.
• Small lump sum savings scheme
• 7.5 percent fixed interest rate
• Maximum investment limit is Rs.2 lakhs
• Lock-in period of two years
• Chance to withdraw in between

• Read Latest Business News and Telugu News

Also Read: Kendra Goodnews.. Key decision regarding employees.. One crore benefits!

A Google engineer who went on a vacation with his family.. Meanwhile, she opened a message..