Post Office Scheme: Apart from providing postal related facilities, post offices also provide many schemes for investment. Today we are going to tell you about Mahila Samman Certificate in which women can earn a lot of money by investing. By investing in this scheme, you get the guarantee of security from the government as well as 7.5% annual interest.
Mahila Samman Savings Certificate: Post Office is one of the oldest institutions in India. Along with providing various postal related facilities, post offices also offer many schemes for investment. One such scheme is Mahila Samman Savings Certificate Scheme. By investing in this scheme, you not only get the guarantee of money security from the government but also get an annual return of 7.5%. Women can earn a lot of money by investing in this scheme.
Benefits of Mahila Samman Savings Certificate
Mahila Samman Savings Certificate was started by the Government of India in 2023. The main objective of starting this scheme was to provide financial independence to women. Let us know about the benefits of this scheme:
Account will be opened for 2 years
Women can open an account under this scheme before March 2025 and this account can be opened for a period of 2 years.
Annual return of 7.5%
The money invested in this scheme earns interest at the rate of 7.5% per annum and it is received through compounding every quarter.
Minimum and maximum investment
You can start investing in this scheme from Rs 1000 and a maximum of Rs 2 lakh can be invested in this scheme.
Ease of withdrawal of money
If the policyholder wants, he can withdraw up to 40% of the amount present in the account during the period of the scheme.
Who can invest?
Before investing in this scheme, you should know about the eligibility of this scheme. To invest in this scheme, the woman must be an Indian and only women or girls can take advantage of this scheme. If the account of a minor is to be opened, then the account can be opened in the name of the guardian. There is no maximum age limit for women in this scheme and any woman can take advantage of this scheme.