The Mahila Samman Savings Certificate (MSSC) scheme, introduced by the Government of India on March 31, 2023, is set to expire on March 31, 2025. This post office savings scheme, launched under the Amrit Mahotsav of Independence, was implemented for two years to empower women financially.
As of now, the government has not announced any extension, making it essential for interested women to invest before March 31, 2025.
Why MSSC is a Great Investment Option for Women?✅ Short-Term Investment: MSSC has a 2-year maturity period, ensuring quick returns.
✅ High-Interest Rate: Offers 7.5% annual interest, higher than most bank fixed deposits.
✅ Government-Backed Security: As a post office scheme, MSSC is risk-free and reliable.
✅ Flexible Withdrawals: After one year, account holders can withdraw up to 40% of the balance.
📌 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 However, if withdrawn after six months, the interest rate may be reduced.
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
Since the government has not announced an extension, women interested in secure, high-return savings should invest before March 31, 2025. The MSSC scheme offers a better return than fixed deposits and is a smart choice for financial planning.
Act now before it's too late!
