- Advertisement -
HomePersonal FinanceMSSC: How much will women benefit from investing ₹50,000, ₹100000, ₹150000 and...

MSSC: How much will women benefit from investing ₹50,000, ₹100000, ₹150000 and ₹200000? understand through calculations

- Advertisement -
- Advertisement -

Women can invest a minimum of Rs 1000 and a maximum of Rs 2 lakh in the MSSC scheme. After two years the scheme will mature and the entire money will be received along with interest. 

Mahila Samman Saving Certificate (MSSC) is a one time deposit scheme run by the Government of India. The government is running this scheme for women so that they can take advantage of attractive interest rates on their deposits through this scheme. In MSSC, women are getting interest at the rate of 7.5 percent. Women can invest a minimum of Rs 1000 and a maximum of Rs 2 lakh in the MSSC scheme. After two years the scheme will mature and the entire money will be received along with interest. If you also want to invest in this government guaranteed scheme, then know how much benefit you will get on investing ₹ 50,000, ₹ 100000, ₹ 1.50000 and ₹ 200000.

How much benefit will you get on how much deposit?

According to the Mahila Samman Saving Certificate Scheme calculator, if you invest Rs 50,000 in this scheme, then you will get Rs 8011 as interest on it in two years and thus on maturity the total amount will be Rs 58,011. Will meet. If you invest Rs 1,00,000 in this, then at 7.5 percent interest rate you will get Rs 1,16,022 at the time of maturity.

Whereas if you deposit Rs 1,50,000, you will get Rs 1,74,033 after two years, that is, you will get Rs 24,033 only as interest and if you invest Rs 2,00,000 in this scheme, then it will be 7.5 percent interest for two years. After this you will get Rs 32,044 as interest on the invested amount. In this way you will get a total of Rs 2,32,044 on maturity.

You can open an account here

If you also want to invest in Mahila Samman Savings Certificate Scheme, then you can open an account in post office or authorized banks. Women of any age can invest in it. Guardian account can be opened in the name of a minor girl. While opening an account, you will need KYC documents like Aadhar card, PAN card and colorful photo etc.

Partial withdrawal facility after one year

According to the rules, after completion of 1 year in Mahila Samman Savings Certificate Scheme, you get permission for partial withdrawal. In such a situation, you can withdraw up to 40 percent of the deposited money. That means, if you have deposited Rs 2 lakh, then after one year you can withdraw Rs 80 thousand.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
RELATED ARTICLES

Most Popular

Recent Comments