MSSC Scheme: The savings scheme launched by the central government for special women will now be closed soon. The Women’s Honor Savings Certificate (MSSC) Scheme launched in the year 2023 is an opportunity to invest by March 31, 2025. Investments will not be made in this scheme from April 1. Finance Minister Nirmala Sitharaman announced the scheme in the budget presented on 1 February 2023. However, in the budget presented this year, the Finance Minister did not make any announcement to increase this scheme. Therefore, this scheme will be closed on March 31 with the closure of the bank and post office offices.
7.5 percent interest is being received under Women’s Honor Savings Certificate Scheme
Under the Women’s Honor Savings Certificate Scheme, 7.5 percent interest is being received. Let us tell you that women are not getting so much interest on any short -term savings scheme. This scheme is matured in 2 years and a lump sum of a maximum of Rs 2 lakh can be made in this scheme. You can also deposit at least 1000 rupees in this scheme. This scheme can be opened in any bank. Apart from this, you can also open an MSSC account in the post office.
MSSC will get absolutely fixed and guaranteed returns
As the name is known, only women’s accounts can be opened in this scheme. If you are a male, then you can also open an account in this scheme in the name of your wife, mother, daughter or sister. This is a government scheme, so your money invested in it is completely safe. You will get absolutely fixed and guaranteed returns on this scheme. Keep in mind that it is only till March 31, 2025 to invest in it and after that you will not be able to invest in this scheme.
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