Mahila Samman Savings Certificate is a small savings scheme introduced in Union Budget 2023. The programme provides women with a risk-free method to save money and earn a respectable interest rate.
The Mahila Samman Savings Certificate offers an interest rate that is higher than those of the majority of small savings plans. The system also offers a nomination facility and permits partial withdrawals.
Only a woman or a girl child can make an investment in this scheme.
- Visit the Post Office branch. - Obtain an application form. - Fill out the form. - Attach the appropriate documents. - Now submit the form along with the document - Make the deposit - Deposits can be done through cash or cheque - Obtain your certificate