Mahila Samman Saving Certificate Form Interest Calculator - Sarkari Yojana

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Mahila Samman Saving Certificate Mahila Samman Bachat Patra

New Update:- Mahila Samman Bachat Patra Form is Available Now in the Post Office. It will be made available for a period of 2 years till 2025 and will offer deposits for women/girls with a fixed interest rate of 7.5 per cent with partial withdrawal option. Apply Link and pdf Form Link for Mahila Samman Bachat Patra are given below on this page.

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Mahila Samman Bachat Patra Interest Rate Time Limit and Benefit

MSBP Mahila Samman Savings Certificate (MSSC) deposit limit, interest rate, tenure and benefits are as follows.

Mahila Samman Bachat Patra will be available till 31 March, 2025
Up to two lakh rupees can be invested in the name of a woman or girl.
A minimum of Rs 1,000 can be deposited. You can deposit this amount later also in the ratio of thousands and hundred.
From 1 thousand to 1.99 lakh can be deposited again in the accounts of three months.
The account of any girl or woman can be opened in this scheme.
Up to two lakh rupees can be invested in the name of a woman or girl.
A girl child of 10 years or above can open an account under this scheme.
Presumably, no tax will be charged on the money deposited in Mahila Samman Savings Patra Yojana. Information will be clear soon.
You will be able to deposit up to two lakh rupees in the Mahila Samman Bachat Patra Yojana in the name of your daughter, sister or wife for two years.
In this you will get interest at the rate of 7.5 percent.
Women will also be able to withdraw some part of the money deposited in this scheme.
Union Finance Minister Nirmala Sitharaman has proposed to start this investment scheme while presenting the Budget 2023.
To celebrate the Amrit Mahotsav of Independence, a new one time small savings scheme Mahila Samman Savings Certificate has been announced.
Mahila Samman Bachat Patra will be available for a period of 2 years till March 2025.
Mahila Samman Savings Certificate will give interest at 7.5% fixed rate for 2 years.
Mahila Samman Bachat Patra can be availed with partial withdrawal option.
You can partially withdraw it in between periods if you need to.
It allows deposits up to a maximum of Rs 2 lakh with 7.5 per cent interest.
Mahila Samman Bachat Patra will be issued to make women more financially independent.

Mahila Samman Bachat Patra Interest Calculator

Mahila Samman Savings Certificate Calculator

Mahila Samman Savings Certificate Calculator | Calculation of interest on Mahila Samman Savings Certificate

Invested money- 2,00,000/-
Interest Rate- 7.5% (Compounded Quarterly)

Maturity Amount- Invested Money- 2,00,000/- Interest Rate- 7.5% (Compounded Quarterly)

1st quarter for 1st year- 200000×7.5%x3/12= 3750/-

2nd quarter for 1st year- 203750×7.5%x3/12= 3820/-

3rd quarter for 1st year- 207570×7.5%x3/12= 3892/-

4th quarter for first year- 211462×7.5%x3/12= 3965/-

1st quarter for 2nd year- 215427×7.5%x3/12= 4039/-

2nd quarter for 2nd year- 219466×7.5%x3/12= 4115/-

3rd quarter for 2nd year- 223581×7.5%x3/12= 4192/-

4th quarter for 2nd year- 227773×7.5%x3/12= 4271/-

Maturity amount after two years = 227773+4271= 232044/-

Total maturity amount – 2,32,044/-

If you invest a maximum of two lakh rupees in Mahila Samman Savings Certificate. So at the rate of 7.5 percent interest, there will be a profit of about Rs 15,000 in the first year, then in the second year there will be a profit of Rs 16,125. In this way, you will get a benefit of about Rs 32 thousand on Mahila Samman Savings Certificate by investing two lakh rupees for two years.

How to Invest in Mahila Samman Savings Certificate

Mahila Samman Bachat Patra Yojana or mahila samman saving certificate is now Available in post office. For this you can contact your nearest post office branch. You can check the below link for official procedure and advertisement for Mahila Samman Bachat Yojana MSSC. There are many new update in this scheme. we have provided all information here on thehowpedia. Keep checking this page from time to time. Here you can also check direct links given below..

Official Notification of Mahila Samman Bachat Patra Yojana – Click Here

Mahila Samman Saving Certificate Investment Apply link for Post Office and Banks.

Mahila Samman Saving Certificate Post Office Form pdf Download Link – Click Here

Post Office Mahila Samman Saving Certificate Apply Online Link – Click Here

Bank of Baroda BOB Mahila Samman Bachat Patra Apply Link – Click Here

Bank of India Mahila Samman Saving Certificate Apply Link – Click Here

Canara Bank Mahila Samman Bachat Patra Apply Link – Click Here

Bank of Maharashtra Mahila Samman Bachat Patra Apply Link – Click Here

Central Bank of India Mahila Samman Bachat Patra Apply Link – Click Here

Indian Bank Mahila Samman Saving Certificate Apply Link – Click Here

Indian Overseas Bank Mahila Samman Bachat Patra Apply Link – Click Here

Punjab & Sind Bank Mahila Samman Bachat Patra Apply Link – Click Here

Punjab National Bank Mahila Samman Bachat Patra Apply Link – Click Here

State Bank of India SBI Mahila Samman Saving Certificate Apply Link – Click Here

UCO Bank Mahila Samman Bachat Patra – Click Here

Union Bank of India Mahila Samman Bachat Patra Apply Link – Click Here

Mahila Samman Saving Certificate Apply Private Banks.

Axis Bank Ltd Mahila Samman Saving Certificate Apply Link – Click Here

Bandhan Bank Ltd Mahila Samman Bachat Patra Apply Link – Click Here

CSB Bank Ltd Mahila Samman Saving Certificate Apply Link – Click Here

City Union Bank Ltd Mahila Samman Bachat Patra Apply Link – Click Here

DCB Bank Ltd Mahila Samman Bachat Patra Apply Link – Click Here

Dhanlaxmi Bank Ltd Mahila Samman Bachat Patra Apply Link – Click Here

Federal Bank Ltd Mahila Samman Saving Certificate Apply Link – Click Here

HDFC Bank Ltd Mahila Samman Bachat Patra Apply Link – Click Here

ICICI Bank Ltd Mahila Samman Saving Certificate Apply Link – Click Here

Induslnd Bank Ltd Mahila Samman Bachat Patra Apply Link – Click Here

IDFC First Bank Ltd Mahila Samman Bachat Patra Apply Link – Click Here

Jammu & Kashmir Bank Ltd Mahila Samman Bachat Patra Apply Link – Click Here

Karnataka Bank Ltd Mahila Samman Saving Certificate Apply Link – Click Here

Karur Vysya Bank Ltd Mahila Samman Bachat Patra Apply Link – Click Here

Kotak Mahindra Bank Ltd Mahila Samman Saving Certificate Apply Link – Click Here

Nainital Bank Ltd Mahila Samman Saving Certificate Apply Link – Click Here

RBL Bank Ltd Mahila Samman Bachat Patra Apply Link – Click Here

South Indian Bank Ltd Mahila Samman Saving Certificate Apply Link – Click Here

Tamilnad Mercantile Bank Ltd Mahila Samman Bachat Patra Apply Link – Click Here

YES Bank Ltd Mahila Samman Bachat Patra Apply Link – Click Here

IDBI Bank Ltd Mahila Samman Bachat Patra Apply Link – Click Here

What announcements did the Finance Minister for women and children

Economic empowerment of women will get a boost.
Has made social development possible for farmers, women and scheduled castes.
The government has made a new plan to empower women.
National Digital Library for Children and Adolescents will be set up.
Digital libraries will be prepared for children and youth.
Under Pradhan Mantri Garib Kalyan Anna Yojana, Rs 2 lakh crore is being borne by the central government.
The supply of free food grains to the poor under the Antyodaya scheme has been extended for one year.
Mahila Samman Bachat Patra MSSC Scheme will start.
In this, women will get 7.5% interest on savings of Rs 2 lakh.
Rural women have been linked to 81 lakh self-help groups under the Deen Dayal Antyodaya Yojana.
Large productive enterprises will be created to take the self-help group to the next stage of economic empowerment.

Mahila Samman Bachat Patra Form – Click Here Available Soon

Budget 2023 : Mahila Samman Savings Certificate MSBP has been started. This will benefit a lot of women who want to deposit their savings. Union Finance Minister Nirmala Sitharaman said that by starting Mahila Samman Bachat Patra Yojana, a good job has been given to those women. More information about Mahila Samman Bachat Patra Yojana will be made available soon.

What is Mahila Samman Bachat Patra Scheme?

The government has announced the Mahila Samman Bachat Patra Yojana, in which up to two lakh rupees can be invested in the name of a woman or a girl child. You will be able to deposit up to two lakh rupees in the Mahila Samman Bachat Patra Yojana in the name of your daughter, sister or wife for two years. Women will also be able to withdraw some part of the money deposited in this scheme.

How to apply Mahila Samman Bachat Patra ?

You have to contact the bank or post office to apply for Mahila Samman Bachat Patra Yojana. Its official process will start soon.

Will the amount of Mahila Samman Bachat Patra be taxed?

No, there will be no tax on Mahila Samman Savings Letter Scheme.

How much interest will be received on Mahila Samman Savings Certificate?

In this you will get interest at the rate of 7.5 percent.

When will Mahila Samman Savings Letter Scheme start?

The government has announced the Mahila Samman Bachat Patra Yojana on 01 February 2023. Applications for this will start in a few days.

How much money can be deposited in Mahila Samman Bachat Patra Scheme?

You can deposit a maximum of Rs 2 lakh in the name of a woman through Mahila Samman Savings Letter.