The government of india launched the Mahila Samman Savings Certificate (MSSC) program on march 31, 2023, and it will end on march 31, 2025.  Launched under the Amrit Mahotsav of Independence, this post office savings program was in place for two years to empower women financially. Since the government has not yet declared an extension, interested women must make their investments by march 31, 2025.
 
Why MSSC is a Great Investment Option for Women?
• Short-Term Investment: MSSC offers rapid returns due to its two-year maturity duration.
 
• Expensive Interest Rate: Provides 7.5% yearly interest, which is more than the majority of bank fixed deposits.
 
• Government-Backed Security: MSSC is a dependable and risk-free post office plan.
 
• Flexible Withdrawals: Account holders are permitted to take out up to 40% of their balance after a year.

MSSC Investment Details

Minimum Investment: ₹1,000
Maximum Investment: ₹2 lakh
Maturity Period: 2 years
Premature Withdrawal: Allowed in cases of serious illness or death of the account holder. However, if withdrawn after six months, the interest rate may be reduced.

How to Open an MSSC Account?

Women can open an MSSC account at:
Post Offices across India
Registered Banks offering MSSC services

To open an account, applicants must submit:

• MSSC Account Opening Form
• Identity Proof (Aadhaar, PAN, or Voter ID)
• Address Proof

A Final Opportunity To Invest
Women who wish to save money safely and profitably should do it by march 31, 2025, as the government has not yet announced an extension.  The MSSC plan is a wise option for financial planning and provides a higher return than fixed deposits.
 
 Before it's too late, take action and invest!
 
 
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SIBY JEYYA

17/03/2025 07:57 AM