mahila saving scheme|mahila samman saving certificate scheme|mahila samman bachat scheme|mahila samman savings scheme|mahila samman deposit scheme:Finance Minister Nirmala Sitharaman, in her Budget 2023 speech, announced a small savings scheme for women. During the budget speech, the FM said the Mahila Samman Savings Certificate would have a tenure of two years and would offer an interest rate of 7.5%.
According to the Sitharaman, “For commemorating Azadi Ka Amrit Mahotsav, a one-time new small savings scheme, Mahila Samman Savings Certificate, will be made available for a two-year period up to March 2025. This will offer deposit facility upto Rs 2 lakh in the name of women or girls for a tenor of 2 years at fixed interest rate of 7.5 per cent with partial withdrawal option. “
mahila samman scheme
Here is all you need to know about the new small savings scheme introduced in Union Budget 2023 by Finance Minister Nirmala Sitharaman. The scheme is known as ‘Mahila Samman Bachat Patra’ and is dedicated to the women of the country.One of the major focuses in the union budget this year is the introduction of a new small savings scheme for women. The scheme named ‘Mahila Samman Savings Certificate‘ is aimed at empowering the economic condition of women in India.
The deposit facility is for a maximum amount of Rs. 2 lakh. The fixed interest rate is about 7.5 percent with a partial withdrawal option. It is available for a period of two years up to March 2025.Since there are several hurdles in the way of a girl child concerning education, marriage, or entrepreneurship, the government brings a number of schemes that provide the right opportunity and additional help for the women and girls of India.
MAHILA SAMMAN BACHAT PATRA
The scheme named ‘Mahila Samman Savings Certificate’ is a part of the Azadi Ka Amrit Mahotsav.
Small savings schemes attract a lot of investors as they provide safe and attractive investment options for the public.
They also mobilise resources for development. The schemes are controlled by 1.54 lakh post offices across the country.
The maximum deposit level of the senior citizens’ savings scheme was also enhanced. These kinds of schemes start from Rs 15 lakh and go up to Rs 30 lakh.
Finance Minister Nirmala Sitharaman also raised the maximum deposit limit for the monthly income accounts scheme from Rs 4.5 lakh to 9 lakh for single accounts and from Rs 9 lakh to Rs 15 lakh for joint accounts.
What is Mahila Samman Yojana?
This will offer deposit facility upto Rs 2 lakh in the name of women or girls for a tenor of 2 years at fixed interest rate of 7.5 per cent with partial withdrawal option. ” Small savings schemes are investment tools administered by the government to encourage residents to save for the long term.
mahila samman saving certificate scheme
The Mahila Samman Savings Certificate is a suitable alternative to fixed deposits (FDs) invested in the name of a woman for the short term. In the Union Budget 2023-24, Finance Minister Nirmala Sitharaman has announced a new small savings scheme for women investors