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Key Features of Mahila Samman Savings Certificate

There Are Many Key Features of Mahila Samman Savings Certificate:-

1. This scheme offers secure investment options to all girls and women.
2. The deposit has a minimum deposit limit of ₹1,000 and a maximum of ₹2,00,000.
3. Women or girls will get 7.5% interest per year, compounded quarterly.
4. The money is locked in for 2 years.
5. It is allowed once after 1 year, up to 40% of the balance.
6. It is available at post offices and authorized banks.
7. The interest earned is taxable, and the scheme does not qualify for tax deductions under Section 80C.

Read More:- https://surepass.io/blog/mahila-samman-savings-certificate-how-to-apply-online/
Key Features of Mahila Samman Savings Certificate There Are Many Key Features of Mahila Samman Savings Certificate:- 1. This scheme offers secure investment options to all girls and women. 2. The deposit has a minimum deposit limit of ₹1,000 and a maximum of ₹2,00,000. 3. Women or girls will get 7.5% interest per year, compounded quarterly. 4. The money is locked in for 2 years. 5. It is allowed once after 1 year, up to 40% of the balance. 6. It is available at post offices and authorized banks. 7. The interest earned is taxable, and the scheme does not qualify for tax deductions under Section 80C. Read More:- https://surepass.io/blog/mahila-samman-savings-certificate-how-to-apply-online/
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