{"id":17304,"date":"2024-04-18T17:12:11","date_gmt":"2024-04-18T11:42:11","guid":{"rendered":"https:\/\/ncfe.org.in\/od\/?p=17304"},"modified":"2024-04-18T17:14:29","modified_gmt":"2024-04-18T11:44:29","slug":"mahila-samman-savings-certificate","status":"publish","type":"post","link":"https:\/\/ncfe.org.in\/od\/mahila-samman-savings-certificate\/","title":{"rendered":"MAHILA SAMMAN SAVINGS CERTIFICATE"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"17304\" class=\"elementor elementor-17304\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e96fa5a e-flex e-con-boxed e-con e-parent\" data-id=\"e96fa5a\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-afa0c0d elementor-widget elementor-widget-text-editor\" data-id=\"afa0c0d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Mahila Samman Saving Certificate (MSSC), a new small savings scheme launched in the Budget 2023 to promote investments among women. MSSC is a single-holder account that can be opened at any Post Office across the country. Mahila Samman savings scheme is a one-time scheme that is available for a tenure of 2 years.<br \/>1. Who can open:-<br \/>(i) By a woman for herself.<br \/>(ii) By the guardian on behalf of a minor girl.<\/p><p>2. Deposit<br \/>(i) Minimum of rupees one thousand and in multiple of rupees one hundred.<br \/>(ii) Maximum limit of rupees two lakh in an account or all account hold by an account holder.<br \/>(iii) A time gap of three months shall be maintained between the existing account and the opening of other account.<\/p><p>3. Interest<br \/>(i) Deposit shall eligible for 7.5 per cent interest per annum.<br \/>(ii) Interest will be compounded quarterly and credited in account and paid at the time of closure of account.<br \/>(iii) Account opened or deposit made in-contravention of rules will be eligible for interest @ PO Savings Account.<\/p><p>4. Withdrawal<br \/>40% withdrawal of eligible balance can be taken after one year from the date of account opening.<\/p><p>5. Pre-mature closure<br \/>(i) On the death of the account holder<br \/>(ii) On extreme compassionate ground (i) Life threatening decease of account holder (ii) death of the guardian on production of relevant documents.<br \/>Note:-Scheme interest will be paid on principal amount.<br \/>(iii) After six months of account opening without mentioning any reason.<br \/>Note:-Scheme interest less by 2 per cent will be paid e.g. 5.5%.<\/p><p>6. Maturity<br \/>(i) After two years from the date opening eligible balance will be paid to the depositor.<\/p><p>7. How to open account<br \/>(i) Submit Account Opening Form, KYC Document (Aadhaar and PAN card) , KYC form for new account holder, Pay-in-Slip alongwith deposit amount\/cheque at nearest post office.<\/p><p>(Source: https:\/\/www.indiapost.gov.in\/Financial\/pages\/content\/post-office-saving-schemes.aspx)<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Mahila Samman Saving Certificate (MSSC), a new small savings scheme <\/p>\n","protected":false},"author":1,"featured_media":18039,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[333],"tags":[],"class_list":["post-17304","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blogs"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MAHILA SAMMAN SAVINGS CERTIFICATE - 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