Tax relief: It is a small-savings plan backed by the Indian government.Interest rate: This savings scheme will provide a 7.5% annual interest rate, with an option of partial withdrawal.
2 Lakhs for the Mahila Samman Savings Certificate. The interest rate offered will be fixed at 7.5 per cent per annum with a partial withdrawal option.Īdditional Info: Check Personal Loan for Women's at low interest rates. 2 Lakhs in the name of women/girls for a 2 years tenure. The scheme will offer a deposit facility of up to Rs. Sitharaman said that a one-time new small savings scheme (Mahila Samman Savings Certificate) will be launched to commemorate Azadi Ka Amrit Mahotsav, and it will be made available for a period of two-year up to March 2025.
However, the official announcement and scheme details are yet to be discussed by the government. It is a one-time small savings scheme for women with a tenure of two years. Good news for women in India! The Mahila Samman Savings Certificate has been introduced by Finance Minister Nirmala Sitharaman for female investors in Budget 2023.
