Saving Schemes: Investing in your wife's name will give you a profit of Rs 32000, government guarantees 16% return..

Everyone wants to invest money. Along with investment, one also expects strong returns. Some invest money in some saving schemes and some in some metal. But, there is a scheme for women, in which you will get strong returns. In this, a man (saving schemes for women) can invest in the name of his wife. Not only the wife, money can also be invested in the name of the mother or sister.

It is a government scheme.

In the year 2023, the Narendra Modi government of the Center started a savings scheme for women. This scheme (saving scheme) has been named the Mahila Samman Savings Certificate. Under this scheme made for women, an account of any woman in the country can be opened. Men can invest in this scheme for themselves, their mother, sister, daughter, and wife.

You will get strong returns.

In this scheme, 7.5 percent interest is available on investment. If seen in terms of two years, this interest gives about a 16 percent return. Women do not get such a strong return on any other small savings scheme with fixed income. In this scheme of the government, the amount is deposited at once. You can withdraw money in this scheme after two years. However, a maximum of Rs 2 lakh can be invested under the scheme (saving schemes for wife).

Know how much interest will be received in the scheme.

In this two-year scheme, an MSSC account can be opened in any bank in the country. You can also open this account in the post office in the name of Mahila Samman Savings Certificate Account. You can earn huge profits (saving schemes for women) by opening this account.

If you deposit Rs 1,00,000 in this scheme, then your wife will get a total of Rs 1,16,022 on maturity. Which includes a fixed interest of Rs 16,022. At the same time, this amount will go up to more than Rs 32 thousand in two lakh. That is, you will get a profit of 16 percent in two years.

When can you invest

Mahila Samman Savings Certificate is a government scheme made for women. In this, you will get fixed interest with the guarantee of the government (saving schemes for women). The last date for investing in it is 31 March 2025. You will not be able to invest in it after 1 April 2025. At the same time, there was a demand from women to extend the date of the scheme.