The Government has launched a new scheme for the benefit of the women citizens of the state. The MSSC Mahila Samman Savings Certificate Scheme 2023 was launched on 1 April 2023 for a tenure of 2 years only. The women citizens have to check the Mahila Samman Bachat Patra Scheme Eligibility 2023 before they proceed towards the application process. One has to follow the steps on How to Apply For MSSC Yojana 2023 from this article. The MSSC Yojana Interest Rate 2023 has been fixed to 7.5%. In this article we have provided with the details on the Mahila Samman Savings Certificate Scheme Benefits 2023 along with the MSSC Scheme Features 2023. To apply online under the scheme, one has to visit the post offices or the public sector banks.
Mahila Samman Savings Certificate Scheme Registration 2023
In the Union Budget of 2023-24, the Government of India has launched a new scheme named as the Mahila Samman Savings Certificate Scheme. The latest scheme was launched on 1 April 2023 for the benefit of the women citizens of the state. It is a small savings scheme which has been launched in order to promote the investment for the women. The latest opportunity of the women allows them to invest a maximum limit of 2 lakh for the period of 2 years in Post Office or any Government or Private banks. Now the investment will in return provide them with the interest of Rs 7.5% per annum which will be credited on the quarterly basis and compounded. The account has to be opened by the woman or any guardian if it is opened on behalf of a minor child.
JOIN WHATSAPP CHANNELThe MSSC 2023 is a one time scheme where the minimum investment of Rs 1000 has to be made by womens of the country for a tenure of 2 years. Since it is a Government backed scheme, there is no sort of credit risk in it. The minimum deposit amount is Rs 1000 in the multiples of Rs 100. The maximum limit is 2 lakh only. The eligible woman or a guardian of a minor girl child chave an option to even open a second account but the minimum gap of 3 months is required after the opening date of the first account. Since the interest rate is the same in every bank, there is no restriction as to where to open the account. One has to submit the necessary documents for the account opening. One should go through this complete scheme to get the details on the Mahila Samman Savings Certificate Scheme Benefits 2023.
MSSC Scheme 2023 Online Form Apply Overview
Mahila Samman Savings Certificate Scheme Benefits 2023 for the women to promote the investments. The women have the opportunity to invest Rs 200000 as the maximum amount and they can get the interest of 7.5% pa under the Mahila Samman Savings Certificate Scheme 2023. The table below will provide you the details on the scheme which was launched on 1 April 2023.
| Scheme name | Mahila Samman Savings Certificate Scheme |
| Launched on | 1 April 2023 |
| Launched by | Government of India |
| Presented in | Union Budget of 2023-24 |
| Beneficiary | Women of country |
| Mahila Samman Bachat Patra Scheme Eligibility 2023 | Women or guardians of minor girl children. |
| Minimum investment amount | Rs 1000 |
| Maximum investment amount | Rs 200000 |
| Interest rate | 7.5% |
| Tenure | 2 years |
| Scheme valid till | 31 March 2025 |
| Withdrawal | 40% of the amount |
| Documents required | Mentioned below |
| Returns | Guaranteed |
| Total accounts | 2 |
| Post type | Yojana |
| Where to open account | Post Office or Banks |
MSSC Yojana 2023 Features
You can take a look at the below mentioned Mahila Samman Savings Certificate Scheme 2023 Features.
- The MSSC Scheme 2023 will provide guaranteed returns as it has been backed by the Government.
- The minimum limit of the investment is Rs 1000 which can be done in multiples of one hundred.
- The maximum limit of investment is Rs 200000 which will not exceed at any time.
- The period of the investment is 2 years only.
- The rate of the interest of the investment is fixed to 7.5% per annum which will be credited in the account of the holder on the quarterly basis.
MSSC Scheme Eligibility 2023
The scheme is provided for the women citizens of the country only. The guardian of the minor girl child can open the account on behalf of them. It shall be known that the Mahila Samman Bachat Patra Scheme Eligibility 2023 is for the women of the country only. The account must be opened on or before 31 March 2025 only as the tenure of the scheme is 2 years only.
Mahila Samman Savings Certificate Scheme Interest 2023
Since the investment has to be made by the women of the Country of the maximum amount of Rs 200000, they will be provided with the interest on the investment. The MSSC Yojana Interest 2023 has been fixed to 7.5% per annum. The interest rate will be fixed whether the investment has been made through banks or through post offices. The amount of the interest will be credited to the holders account on the quarterly basis and it will be compounded.
MSSC Scheme Partial Withdrawal 2023
The ones who have invested in the Mahila Samman Savings Certificate Scheme 2023 can also withdraw a sufficient amount of money under the scheme. The Mahila Samman Bachat Patra Scheme Withdrawal 2023 is for 40% of the total amount invested only. The amount can be withdrawn only after a period of 1 year of the date of opening of the account. Since there are no tax benefits under this scheme, the withdrawal can be done without any problem.
How to Apply For Mahila Samman Bachat Patra Yojana 2023?
The application of the MSSC Scheme 2023 has to be done through the offline mode. The individuals can apply either through the Banks or through the Post Offices. The following steps are to be followed while proceeding with the online applications for the investment scheme.
- Visit your nearest Post Office or Bank.
- Now get the MSSC Scheme Application Form from the counter.
- Fill in the given fields with the correct information asked from you.
- Now provide all the KYC Documents needed from you.
- Now pay the investment amount and then get the pay slip along with the deposit amount.
Documents Needed For MSSC Scheme Application 2023
The following documents are to be submitted while applying for the Mahila Samman Bachat Patra Yojana 2023.
- Aadhar Card
- Voter ID
- Driving License
- PAN Card
- Application Form
- KYC form of New Account Holders
- Pay In Slip.
Mahila Samman Bachat Patra Scheme Certificate 2023 Download @indiapost.gov.in
| MSSC 2023 Download | Get Here |
Basic Queries on Mahila Samman Savings Certificate Scheme 2023
The MSSC Scheme 2023 was launched on 1 April 2023.
The tenure of MSSC Yojana 2023 is 2 years.
The minimum and maximum amount of investment under the Mahila Samman Bachat Patra Scheme 2023 is Rs 1000 and Rs 2 Lakh respectively.
The interest rate applicable under the MSSC Scheme 2023 is 7.5% per annum which will be provided on quarterly basis.
The withdrawal limit under MSSC Yojana 2023 is 40% of the total investment after 1 year of the date of account opening.
Mahila Samman Savings Certificate Scheme Benefits 2023 are provided in detail above in the post.