( Mahila Samman Bachat Patra Yojana How to Apply | Mahila Samman Saving Certificate (MSSC) | Mahila Samman Bachat Patra Calculator, Interest Rate | Eligibility Criteria | Mahila Samman Bachat Yojana in English )
Mahila Samman Bachat Patra Interest Rate 2023: Friends, this is the one of the best high interest rate Scheme for Women which is launched by Finance Minister Nirmala Sitharaman during announcing union budget 2023. This scheme called Mahila Samman Bachat Patra and short name is MSSC – Mahila Samman Saving Certificate. If you are trying to find how much interest will I get from MSSC?, What is Mahila Samman Bachat Patra Calculator? and How to apply online? than you are on the right place. Because we explained every points regarding this Mahila Samman Bachat Patra Yojana. So be with us at the end. Let’s Start.
Mahila Samman Bachat Yojana in English 2023
Be loved Sisters and mothers, Mahila Samman Bachat Patra Yojana announced on 1st February, 2023 by FM Nirmala Sitharaman. If you invest in MSSC than you will get high ROI (Return on Investment) which you didn’t get from any government or non government schemes on today. We feel happy to say that this scheme provides you 7.5% fixed interest on your deposited amount.
Mahila Samman Saving Certificate (MSSC) is the scheme which gives an opportunity to the all women of the India to make money which helps to cover common expanses like vegetables, light bill etc.
MSSC – Mahila Samman Saving Certificate Latest Update
You will get latest update from this section.
MSSC available at 1.59 Lakhs Post Offices
| Friends, Recently central government facilitate with Mahila Samman Bachat Patra in every post offices of the India. Central Government made available at 1.59 Lakhs Post Offices with MSSC, who are interested under Mahila saving scheme than they have to visit post office. |
TDS will Cut or Not in Mahila Samman Saving Certificate?
| 16th May, 2023: Recently CBDT launched a notification about TDS will cut or not in MSSC? As per the CBDT regulation, TDS will cut if any applicant will earn interest 40,000 INR in any financial year than and than 10% TDS will cut from their earned interest. while senior citizen has a limit of 50,000 INR in any financial year. Now in Mahila Samman Bachat Patra Scheme, applicant will earn maximum of 15,000 interest in any financial year as per the rules of MSSC. That’s why No TDS will cut in Mahila Samman Saving Certificate Scheme. |
MSSC Account now open in Govt and Private Bank Also
| 28th June, 2023: Now friends central government allow Govt Banks and Private Sector bank also eligible to open Mahila Samman Saving Certificate Account. Government states that all govt banks along with Axis Bank, HDFC Bank, ICICI Bank and IDBI Bank Also eligible to open MSSC Account in their bank branches. But one condition is those bank must have online personal software to manage MSSC Saving Account. |
Quick Look – Mahila Samman Bachat Patra
| 🟠 Scheme Name | 🟢 Mahila Samman Saving Certificate (MSSC) Scheme |
| 🟠 Announced By | 🟢 Finance Minister Nirmala Sitharaman |
| 🟠 Announced On | 🟢 1st February, 2023 during Union budget |
| 🟠 Announced For | 🟢 Women of the Country |
| 🟠 Purpose to Launch | 🟢 Provide high ROI through savings scheme |
| 🟠 Mode of Application | 🟢 Online/Offline |
| 🟠 MSSC Interest Rate | 🟢 7.5% Fixed |
| 🟠 Telegram Channel | 🟢 Click Here |
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Objective of Mahila Samman Bachat Patra
In our country women are now contributing their hard work and knowledge to the every sector but still some of them are non educated and not earning Money. So to empowering every women and make self reliance Central Government Launched Mahila Samman Bachat Patra. Through this MSSC scheme every women are free to invest their savings and earn from it. So they all are become self dependent.
Mahila Samman Bachat Patra Yojana Tenure
Be loved Sisters and mothers, When FM Nirmala Sitharaman Announced this Mahila Samman Bachat Patra Yojana, she told that this scheme is starting from 1st April, 2023 and every women get this high ROI for 2 years. It means you can open Mahila Samman Bachat Patra Account within 31st March, 2025 and get 7.5% high rate of interest.
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Mahila Samman Saving Certificate Amount Limit for Deposit
As we informed you that if you invest in Mahila Samman Bachat Patra Yojana than you will get 7.5% Interest Rate but you must know that how much amount you can deposit under the MSSC. So FM said during launching the scheme every women citizens of India invest amount upto 2 lakhs INR. From this scheme you will earn Interest Rate for the 2 year from maximum amount 2 lakhs Indian rupees.
Mahila Samman Bachat Patra Calculator (mahila samman savings certificate calculator)
Friends whatever you deposit under MSSC you will get 7.5% interest that’s final. So here we calculated on the amount base you want to deposit under Mahila Samman Bachat Patra. So kindly refer your friends so they can easily understand that how much money I will earn at the end of 2 years.
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Mahila Samman Saving Certificate Calculator
| SN. | Amount Deposit (INR) | Interest Rate (%) | Tenure (Year) | Interest Earned (INR) | Total Amount |
|---|---|---|---|---|---|
| 01 | 20,000 | 7.5 | 02 | 3,000 | 23,000 |
| 02 | 40,000 | 7.5 | 02 | 6,000 | 46,000 |
| 03 | 60,000 | 7.5 | 02 | 9,000 | 69,000 |
| 04 | 80,000 | 7.5 | 02 | 12,000 | 92,000 |
| 05 | 1,00,000 | 7.5 | 02 | 15,000 | 1,15,000 |
| 06 | 1,20,000 | 7.5 | 02 | 18,000 | 1,38,000 |
| 07 | 1,40,000 | 7.5 | 02 | 21,000 | 1,61,000 |
| 08 | 1,60,000 | 7.5 | 02 | 24,000 | 1,84,000 |
| 09 | 1,80,000 | 7.5 | 02 | 27,000 | 2,07,000 |
| 10 | 2,00,000 | 7.5 | 02 | 30,000 | 2,30,000 |
Mahila Samman Bachat Patra Yojana Eligibility
- Friends only Indians are eligible to apply online for Mahila Samman Bachat Patra.
- Only women candidates are eligible for this scheme.
- Women whose age is more than 18 years are eligible.
- There are no criteria for income limit.
Benefits of MSSC
- Through this scheme every women can earn high interest rate.
- Mahila Samman Saving Certificate scheme provide 7.5% high fixed ROI through their tenure.
- From this scheme you can earn ROI upto 2 years.
- Amount you earn through Mahila Samman Bachat Patra Yojana are Tax free.
- Women have facility to partially withdraw from their deposited amount under Mahila Samman Bachat Patra.
- This scheme helps the Women to made self dependent.
Mahila Samman Bachat Patra Yojana Official Website
Friends, Mahila Samman Bachat Patra Yojana announced recently and start from 1st April, 2023. So Centra Govt. Start soon Official Website regarding MSSC. That’s why we are unable to inform you about Official Website now. But whenever Union Government release official website we update this article. So get touched with us through WhatsApp Groups or Telegram Channel.
Mahila Samman Bachat Patra Yojana Online Apply (Mahila Samman Saving Scheme Post Office)
Be loved Sisters and mothers, if you are interested in to buy Mahila Samman Saving Certificate than you have to follow these steps.
Step 1: First of all you have to visit that post office where Mahila Samman Bachat Patra is available.
Step 2: In the post office you have to talk about buying Mahila Samman Saving Certificate to the Officers. They will provide you Form 1 for the scheme.
Step 3: You have to Fill out the form with necessary information.
Step 4: After that you have to attach a necessary documents.
Step 5: At the end you have to submit Mahila Samman Bachat Patra Application Form to the respective post office.
By following these steps you can easily open Account in Mahila Samman Bachat Patra Yojana.
About Mahila Samman Bachat Patra Calculator 2023: We explained all the details what you want to know in easy language. If you want to know more about other government schemes then you must visit KhetiNiDuniya’s home page. Where you can find State Wise list of government schemes in “Govt Yojana” Section. If you want to get regular updates than you have to join our Telegram Channel or WhatsApp Groups. Because we post updates regularly on these platforms.
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FAQs: Mahila Samman Bachat Patra Calculator
Que: Mahila Samman Bachat Patra where to open?
Ans: Friends, if you want to open Mahila Samman Bachat Patra Yojana than you can inquire to nationalized bank or Post Office. But central government doesn’t release any information about that.
Que: What is Mahila Samman Bachat Patra Interest Rate?
Ans: 7.5% Fixed
Que: What is Mahila Samman Bachat Patra?
Ans: Friends this is the saving scheme where you can earn high rate of interest within 2 years. If you want to know more about this scheme than please read this article.
Que: Mahila Samman Bachat Patra Yojana How to Apply?
Ans: Friends, we are unable to inform you on how to apply for MSSC right now. But after 1st April whenever central government release official notification we become first to update this article. So getting touch with us.
Que: If i deposit 2 lakhs under MSSC than how much I earn at the end if 2 years?
Ans: Friends if you deposit 2 lakhs for the 2 years than you will get 30,000 interest it means total amount at the end of 2 years is 2,30,000. If you know more about Mahila Samman Bachat Patra Calculator than read this KhetiNiDuniya’s article.
Que: Full form of MSSC?
Ans: Mahila Samman Saving Certificate (Mahila Samman Bachat Patra)
Que: How much Account has been opened under Mahila Samman Saving Certificate?
Ans: As per the information of Loksabha Meeting on 31st July, 2023 nearly 14.83 lakhs account opened under MSSC Scheme. that resulted nearly 8630 Crore Investments.