india employmentnews

This scheme of post office will make women rich in 2 years, they will get benefits


Post Office Scheme: A post office scheme can make women rich in a short time. Mahila Samman Saving Certificate was launched to promote investment among women and girls. The government is running this scheme for women. Women can invest in this scheme till the year 2025.

Who can open an account?

Any Indian woman, irrespective of age, gets the opportunity to open an account and invest under the scheme. Apart from this, a legal or natural parent, including a male guardian, can open an account for a minor girl. This provides an opportunity for your daughter or any other young girl under your tutelage to invest in financial products.

This much interest is earned

Under the scheme, investment in the Mahila Samman Saving Certificate is exempted under the Income Tax Act 80C. Under the scheme, tax will have to be paid on the interest earned on it. This means that, unlike tax-saving fixed deposits, you do not get tax benefits on interest. TDS is deducted from interest income. This scheme offers an interest of 7.5 percent per annum, which comes into the account every quarter but the interest and the entire principal are available on maturity.

Income will be there in 2 years

If you invest Rs 2 lakh in Mahila Samman Savings Certificate for 2 years, you will get Rs 2.32 lakh on maturity. It works just like FD. You go to your nearest post office and submit the form to open an account. Apart from this, you will have to provide KYC documents i.e. Aadhaar and PAN card. You will also have to give a pay-in slip along with the cheque. Mahila Samman Certificates are also available in many banks in the country.

MSSC rules

It can be closed on the death of the account holder. In case of an emergency such as the life-threatening death of the account holder. However, in this case, you will have to provide documents. Six months after account opening without any reason. However, then you will get interest reduced by 2 percent i.e. 5.5 percent only.


The minimum investment amount in MSSC is Rs 1000 and in multiples of 100. Its maximum limit is Rs 2 lakh per account. If you already have an account and want to open another account, there should be a gap of at least 3 months. 40 percent of the money can be withdrawn after 1 year of account opening.

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