Investment: Where will women get real respect? Samman Saving Scheme or FD Scheme..

Mahila Samman Savings Certificate (MSSC) and Bank Fixed Deposit (FD) are safe investment schemes. The MSSC scheme is specially designed for women. If you are a woman investor. If there is a woman in your house who is planning to invest, then this news is for you. Let us tell you where you will get more interest in MSSC and Bank FD.

Mahila Samman Savings Certificate Scheme

The Mahila Samman Savings Scheme has been started by the government to encourage women to invest. This scheme will mature in 2 years. The scheme will end on 31 March 2025. Under this scheme, a fixed interest is given by the government on investment. Like this scheme, the government gets an interest of 7.5 percent annually. The interest will be deposited in the account in the form of compound interest every quarter and will be paid when the account is closed. The most important thing is that an investment of Rs 1,000 to Rs 2 lakh can be made in this scheme.

Interest on bank FDs

The Mahila Samman Savings Scheme matures in 2 years. So we are going to tell you how much interest the major banks of the country offer on 2-year FDs.

State Bank of India

SBI is currently offering interest rates between 3% and 7.10% per annum for tenures ranging from 7 days to 10 years. For tenures ranging from 1 year to less than 2 years, SBI offers 6.80% interest for general citizens.

HDFC Bank

At the same time, private bank HDFC is offering interest rates between 3% and 7.35% per annum for tenures ranging from 7 days to 10 years and for tenures ranging from 18 months to less than 2 years, HDFC Bank is offering 7.25% interest for general citizens.

Canara Bank

Canara Bank offers interest rates between 4% and 7.25% per annum for tenures ranging from 7 days to 10 years. For tenures of more than 1 year and less than 2 years, Canara Bank offers 6.85% to the general public.

Axis Bank

The bank offers interest rates between 3% and 7.25% per annum for tenures ranging from 7 days to 10 years. It offers 7.25% interest on tenures between 15 months to 2 years.

IndusInd Bank Whereas, IndusInd Bank offers interest rates between 3.50% and 7.99% per annum for tenures ranging from 7 days to 10 years. The bank offers 7.99% per annum interest on FDs for tenures from 1 year 5 months to less than 1 year 6 months and 7.75% for tenures from 1 year 6 months to 2 years.

Disclaimer: This content has been sourced and edited from Hr Breaking. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.