MSSC: Investment Deadline for Mahila Samman Saving Certificate Extended – Check Details

The Mahila Samman Saving Certificate (MSSC) scheme remains a valuable investment opportunity for women. However, Finance Minister Nirmala Sitharaman did not announce any extension for the scheme in the latest budget. The last date for investing in the MSSC scheme has now been confirmed as March 31, 2025. Women who have not yet invested still have time to take advantage of this opportunity before the deadline.

MSSC Scheme – A Government Initiative for Women

Launched on March 31, 2023, the Mahila Samman Saving Certificate was introduced as part of the Azadi Ka Amrit Mahotsav celebrations to promote financial independence among women. The initiative, under the small savings scheme, aims to provide higher returns and financial security. One of its most attractive features is the 7.5% annual interest rate, which is significantly higher than most 2-year fixed deposits offered by banks.

Investment Limits & Benefits

Women and girls can invest any amount ranging from ₹1,000 to ₹2,00,000 under this scheme. Accounts can be opened easily at post offices and registered banks. After the 2-year maturity period, the investor will receive both the principal and the accumulated interest.

One unique advantage is the option to withdraw up to 40% of the deposited amount after completing one year. This makes it a safe and flexible investment option for women looking for high returns without long-term commitment.

Mahila Samman Yojana Withdrawal Rules

• In case of financial emergencies, the account can be prematurely closed under special circumstances.
• If the account holder passes away or faces a severe medical condition, early closure is allowed.
• For those choosing to withdraw funds after six months of opening the account, the interest rate may be reduced.

Deadline for MSSC Investment: March 31, 2025

Since the government has not extended the MSSC scheme beyond March 31, 2025, this is the final chance to invest and secure the 7.5% interest rate. Women who have not yet taken advantage of this scheme should visit their nearest bank or post office to open an account before the deadline.