MSSC: A High-Interest Savings Scheme for Women – Calculate Returns on Investments of ₹50,000, ₹1,00,000, ₹1,50,000, and ₹2,00,000

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Mon Jan 13 11:14:22 IST 2025
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The Mahila Samman Savings Certificate (MSSC) is a government-backed savings scheme designed exclusively for women, offering safety, flexibility, and attractive interest rates. With a 7.5% annual interest rate and a tenure of two years, MSSC provides an excellent investment option for women looking to grow their savings securely. Let’s explore the returns on investments of various amounts and learn more about the scheme's features.

Returns on Various Investment Amounts 1. Investment of ₹2,00,000
  • Interest Earned: ₹32,044
  • Maturity Amount: ₹2,32,044
2. Investment of ₹1,50,000
  • Interest Earned: ₹24,033
  • Maturity Amount: ₹1,74,033
3. Investment of ₹1,00,000
  • Interest Earned: ₹16,022
  • Maturity Amount: ₹1,16,022
4. Investment of ₹50,000
  • Interest Earned: ₹8,011
  • Maturity Amount: ₹58,011

The MSSC Calculator confirms these figures, making it easy to understand the financial benefits of investing in this scheme.

How to Open an MSSC Account

Women of all ages are eligible to open an MSSC account, and even guardians can open accounts in the name of minor girls. You can open the account at post offices

or authorized banks. Here’s what you’ll need:

  • KYC Documents: Aadhaar card, PAN card, etc.
  • Photograph: Recent passport-sized color photograph.
    • Partial Withdrawal Facility

    MSSC allows partial withdrawals after one year of investment. Up to 40% of the deposited amount can be withdrawn. For example:

    • If you’ve invested ₹2,00,000, you can withdraw up to ₹80,000 after one year.

    This flexibility ensures women can access funds for emergencies or important expenses without closing their accounts.

    Why Choose MSSC?
  • Guaranteed Returns: With a fixed 7.5% interest rate, MSSC offers better returns than many traditional savings options.
  • Secure Investment: As a government-backed scheme, your investment is completely safe.
  • Short Tenure: The two-year lock-in period is ideal for those seeking medium-term savings goals.
    • Conclusion

    The Mahila Samman Savings Certificate is an excellent savings option for women, offering high returns, flexibility, and security. Whether you’re saving for personal goals or planning for your child’s future, MSSC ensures your money grows steadily over two years.

    Visit your nearest post office or authorized bank to open an MSSC account today and make the most of this opportunity!

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