8 Things To Know About Mahila Samman Savings Certificate

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Mahila Samman Savings Certificate

The Mahila Samman Savings Certificate is a social security scheme for women and girls.


Mahila Samman Savings Certificate aims to promote savings for female children and ensure financial independence.

Deposit Limit

The scheme requires a minimum deposit of Rs. 1,000 and a maximum deposit of Rs 2 lakh.

Multiple Accounts

One can open multiple accounts with a gap of three months between each account, a parent can also open an account on behalf of a minor child.


Mahila Samman Savings Certificate offers 7.5 per cent interest rates.

One-Time Investment Scheme

MSSC is a one-time investment with a lock-in period of two years.

Premature Exit

The scheme allows premature closure six months after account opening under exceptional circumstances. However, the returns will be at 5.5 per cent. 

In Case Of Death

The invested amount and the interest accrued will be returned to the eligible nominee if the guardian or the accountholder dies.

Compiled By Himani Verma

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