Only women can invest their money under the Post Office Mahila Samman Savings Scheme. This scheme is being run by the government especially for women. By investing in it, you are also given very good interest. If we talk about interest, currently 7.5% annual interest is provided.
You get very good facilities after investing here. Like tax exemption is also available. You can invest money in the Post Office Mahila Samman Saving Certificate Scheme only for two years. Apart from this, if after investing, you have to withdraw the money before time, then in such a situation you are also provided this facility. If you are also thinking of investing, then read this article till the end.
How much can one invest in women’s savings scheme?
If a woman wants to invest her money through this scheme, then she can invest a minimum of ₹ 1000 and a maximum of ₹ 200000. Women must be above 18 years of age to invest. Apart from this, the account can be opened by the parents in the name of the minor girl. Meaning that where you were supposed to get interest at the rate of 7.5%, you will get interest at the rate of 5 points 5%.
On depositing Rs 2 lakh you will get Rs 2 lakh 32 thousand 44.
If you want to invest in Mahila Samman Savings Certificate Scheme, then you can invest Rs 2 lakh one time. If you wish, you could have invested in less amount but to get more profit you will have to deposit so much money. First of all, if a woman can deposit her money of ₹ 200000 for two years, then she will get interest of 32 thousand 44 rupees at the rate of 7.5 percent. . Whereas, on maturity the entire amount will be Rs 2 lakh 32 thousand 44.
