Mahila Samman Savings Certificate: Empowering Women's Investments

Introduction to Mahila Samman Savings Certificate

The Mahila Samman Savings Certificate (MSSC) is a new small savings scheme introduced in the 2023 Budget, aimed at promoting investments among women. This single-holder account, available for a two-year tenure, can be opened at any Post Office or registered bank​.

Key Features of MSSC

  • Guaranteed Returns: Backed by the Government of India.
  • Attractive Interest Rate: 7.50% p.a.
  • Eligibility: Exclusively for women.
  • Investment Amount: Minimum of INR 1,000, maximum of INR 2,00,000.
  • Account Flexibility: Option to open a second account after three months.
  • Withdrawal Options: Partial withdrawals allowed after one year​.

Documentation Requirements

To open an MSSC account, you'll need the following:

  • MSSC account opening form.
  • KYC documents (Aadhaar, Voter’s ID, Driver’s license, PAN card).
  • KYC form for first-time investors.
  • Pay-in slip​.

  • Eligibility Criteria

The scheme is available for women or guardians opening it on behalf of a minor girl. The account must be opened by 31st March, 2025​.

Opening MSSC at Banks

  • Download or collect the application form from a bank.
  • Fill in the details and complete the declaration and nomination.
  • Submit the form with necessary documents and the investment amount.
  • Receive the certificate upon application processing​​.

  • Opening MSSC in Post Offices

  • Obtain the application form online or from a Post Office.
  • Complete the form with all required details.
  • Submit the form with necessary documents.
  • Deposit the funds and receive the investment certificate​.

Comparing MSSC with Other Post Office Schemes

The MSSC offers a 7.50% interest rate for a two-year tenure with no tax benefit, while other schemes like Public Provident Fund and National Savings Certificate offer different interest rates, tenures, and tax benefits​.


The Mahila Samman Savings Certificate is a significant step towards financial inclusion and empowerment for women, providing a safe and rewarding investment option.

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