What is the Mahila Samman saving certificate scheme?

Mahila Samman Savings Certificate is a government-backed small savings scheme for women offering 7.5% interest for 2 years with safe returns.

Can I open the Mahila Samman scheme in 2025?

Yes, the Mahila Samman scheme can be opened in 2025 only up to 31 March 2025 at post offices and authorised banks.

Who is eligible for mahila samman yojana?

All women and girl children are eligible to invest in Mahila Samman Savings Certificate without any income limit.

Which is better, FD or Mahila Samman Savings Certificate?

MSSC offers higher fixed interest and government safety, while FD rates vary by bank; returns depend on tenure and bank policy.

How to get 5000 monthly income?

You can get ₹5,000 monthly income by investing in monthly income schemes, senior citizen schemes, or dividend-paying instruments.

Is MSSC better than a fixed deposit?

MSSC is often better than FD due to higher guaranteed interest and sovereign backing, but it has a fixed tenure of 2 years.

What is the 50000 deposit for girl child?

The ₹50,000 deposit for girl child usually refers to Sukanya Samriddhi Yojana, a long-term savings scheme for girls.

Which scheme is best for a housewife?

Schemes like Mahila Samman, Sukanya Samriddhi, and Post Office Monthly Income Scheme are suitable for housewives.

Who is eligible for 2500 Mahila scheme?

Eligibility for ₹2,500 Mahila scheme depends on state-specific women welfare schemes, generally for economically weaker women.

How is interest calculated for MSSC?

Interest in MSSC is calculated quarterly and compounded, but paid at maturity after the 2-year lock-in period.

What is PM Yojana for housewifes?

PM Yojanas for housewives include PM Jan Dhan Yojana, PM Jeevan Jyoti Bima Yojana, and PM Suraksha Bima Yojana.

What is the girl child 3000 rupees scheme?

The girl child ₹3,000 scheme usually refers to state government welfare schemes providing financial aid for girl education.

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Mahila Samman Savings Certificate Scheme Unlocking Financial Security

Komal Bajpai

Author

Updated: 15-01-2026 at 5:30 AM

Serving Over

500K+ Users

The Mahila Samman Savings Certificate Scheme is a landmark small-savings initiative introduced by the Government of India to strengthen women’s financial independence. Announced by the Department of Economic Affairs under the Ministry of Finance, the scheme reflects the government’s commitment to inclusive growth and long-term financial security for women and girl children.

Launched on 1 April 2023, the scheme remains open for investment until 31 March 2025, making it a time-bound but highly rewarding opportunity. Accounts can be opened at post offices and designated banks, including public sector banks such as SBI.

Overview

This overview helps readers understand the scheme’s purpose, eligibility, investment limits, and key timelines at a glance.

Feature	Details
Scheme Name	Mahila Samman Savings Certificate Scheme
Launched By	Department of Economic Affairs, Ministry of Finance
Launch Date	1 April 2023
Investment Window	Open till 31 March 2025
Eligible Applicants	Indian women and girl children
Account Type	Single-holder account (guardian allowed for minors)
Minimum Deposit	₹1,000
Maximum Deposit	₹2,00,000 per individual
Interest Rate	7.5% per annum, compounded quarterly
Tenure	2 years from the date of account opening
Partial Withdrawal	Up to 40% after 1 year

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What Is The Mahila Samman Savings Certificate Scheme?

The Mahila Samman Savings Scheme is a fixed-tenure savings instrument exclusively designed for Indian women and girl children. It offers a fixed interest rate of 7.5% per annum, compounded quarterly, which is significantly higher than most traditional savings accounts and many fixed deposits.

This scheme was introduced as part of the government’s broader vision to:

Encourage financial inclusion.
Promote disciplined savings among women.
Provide a safe and guaranteed investment option.

The Mahila Samman Saving Scheme Post Office and participating banks ensure easy access, even in rural and semi-urban areas.

Also Read: What Are The Top Women Empowerment Schemes In India?

Key Features Of The Mahila Samman Savings Certificate Scheme

Before diving into returns and benefits, it is important to understand the scheme’s structural highlights. These features make it both flexible and reliable.

Investment Period: Open from 1 April 2023 to the Mahila Samman Savings Certificate last date – 31 March 2025.
Tenure: 2 years from the date of account opening.
Interest Rate: Fixed Mahila Samman savings certificate scheme interest rate of 7.5% per annum, compounded quarterly.
Minimum Deposit: ₹1,000.
Maximum Deposit: ₹2,00,000 per individual.
Withdrawal Facility: Up to 40% of the balance after one year.

The attractive Mahila Samman savings certificate interest rate makes it one of the most competitive government-backed savings schemes currently available.

Mahila Samman Savings Certificate Interest Rate Explained

The Mahila Samman savings certificate scheme interest rate stands at 7.5% per annum, compounded quarterly. This rate is:

Higher than most savings accounts
Comparable or better than many fixed deposits
Fully backed by the Government of India

Because the rate is fixed, investors remain protected from market fluctuations. This stability makes the scheme especially suitable for risk-averse investors, first-time savers, and guardians investing for minor girls.

The guaranteed Mahila Samman savings certificate interest rate ensures predictable returns and peace of mind.

Benefits Of Investing In Mahila Samman Savings Certificate

The scheme offers multiple advantages beyond just returns:

Financial Independence: Encourages savings among women.
High Returns: Better than standard savings options.
Flexibility: Partial withdrawals permitted.
Safety: Fully backed by the Government of India.
Accessibility: Available via post offices, Mahila Samman Savings Certificate, SBI and other bank branches.

The overall Mahila Samman Savings scheme strengthens women’s participation in formal financial systems.

Also Read: Learn About The Women Helpline Scheme.

What Is The Eligibility Criteria Of The Mahila Samman Savings Certificate?

Understanding eligibility is crucial before applying. The Mahila Samman Savings Certificate Scheme eligibility conditions are simple and inclusive:

The applicant must be an Indian woman or girl child.
Accounts for minor girls can be opened by parents or legal guardians.
Only single-holder accounts are allowed.
Each eligible individual can invest up to ₹2,00,000.

The clear Mahila Samman Savings Certificate scheme eligibility rules ensure the benefits reach the intended beneficiaries without complexity.

Where Can You Open The Mahila Samman Savings Certificate?

The scheme is available through trusted government-authorised channels, ensuring transparency and security.

You can open an account at:

Mahila Samman Savings Certificate post office branches across India.
Selected public sector banks, including the Mahila Samman Savings Certificate, SBI.

Both the Mahila Samman Savings Certificate Scheme SBI, and the post office options provide offline accessibility for women who may not be digitally active.

If you are eligible and within the scheme timeline, the answer to, Can I open Mahila Samman Savings Certificate now?” is yes.

The scheme remains open until 31 March 2025, after which new account openings will no longer be allowed. However, accounts opened before the deadline will continue to earn interest for their full two-year tenure.

How To Apply For The Mahila Samman Saving Certificate?

Follow the steps given below to apply for the Mahila Samman Saving Certificate scheme.

Authorised Centre Visit: Apply from any designated Post Office or participating bank.
Documentation: Required Submit required documents like Aadhaar card, PAN card copy, age proof, etc.
Investment: Make your first payment in cash or cheque for the Mahila Samman Savings Certificate.

For detailed application steps and how much you would get as returns, use the Mahila Samman Savings Certificate calculator, which is available online.

Mahila Samman Savings Certificate Calculator: How Much Will You Earn?

To estimate returns, you can use the Mahila Samman savings certificate calculator, available on several financial platforms.

Example Calculation

Investment Amount: ₹2,00,000.
Interest Rate: 7.5% per annum.
Tenure: 2 years.

At maturity, the investor receives approximately ₹2.32 lakh, making it a rewarding short-term savings option.

Using the Mahila Samman Savings Certificate calculator helps investors plan their finances more effectively.

Also Read: How The Udyogini Scheme Is Empowering Women Entrepreneurs In Karnataka?

Premature Closure And Withdrawals

This section explains flexibility provisions under the scheme.

Partial Withdrawal

Up to 40% withdrawal allowed after one year.
Useful for emergencies or urgent financial needs.

Premature Closure

Allowed only in special circumstances such as:

Death of the account holder.
Severe financial distress.

These provisions ensure a balance between liquidity and long-term savings discipline.

Mahila Samman Savings Certificate Apply Online

At present, the Mahila samman savings certificate apply online is not available, and applications must be made offline.

Documentation Needed

Identity and Residence Proof: Aadhaar, PAN, Voter ID or Passport.
Proof of Age: Birth certificate indicating age as a proof document.

Taxation And Safety Of Investment

Although interest earned is taxable under applicable income tax rules, the scheme offers:

Government-backed security.
Zero market risk.
Guaranteed returns.

The Mahila Samman Saving Scheme, Post Office and bank-based structure ensures complete capital safety.

Why Women Should Consider This Scheme Now?

With rising living costs and financial uncertainties, the scheme provides:

Short-term wealth creation.
Emergency financial support.
Secure investment for girl children.

Conclusion

The Mahila Samman Savings Certificate Scheme stands as a powerful instrument for women’s economic empowerment in India. With its fixed Mahila Samman savings certificate scheme interest rate, simple Mahila Samman savings certificate scheme eligibility, and trusted access through post office and SBI, it combines security, flexibility, and attractive returns.

While the Mahila samman savings certificate apply online is currently unavailable, the offline process remains simple and inclusive. Women and guardians looking for a safe, government-backed savings option should strongly consider investing before 31 March 2025.

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