A HERtorical Investment:  The Mahila Samman Savings Certificate

What is Mahila Samman Savings Certificate?

The Mahila Samman Savings Certificate (MSSC) is a one-time government-backed small savings scheme for women investors. Individuals can make deposits in the name of a woman or a girl child. The maximum investment limit is ₹2 lakh and the tenure is 2 years.

What is the Interest Rate?

This scheme will earn a fixed interest rate of 7.5%, at par with many other small savings schemes and current bank FD rates.

Other Key Features of MSSC

– The Mahila Samman Savings Certificate will also allow partial premature withdrawal – For the time being, the scheme is available only for 2 years between April 2023 and March 2025 – At 7.5%, the maximum investment of ₹2 lahks can grow to ₹2.32 lakh in 2 years


Small savings schemes usually qualify for tax exemptions under Section 80C of the I-T Act, while many like PPF and SSY also enjoy E-E-E tax benefits. However, there’s no clarity yet about the tax benefits of MSSC.

How to Open an MSSC Account

– Visit the nearest participating bank or post office offering this scheme and get the Mahila Samman Bachat Patra Yojana form – Fill out the application form by providing personal, financial and nomination details – Submit the form with the required documents, such as proof of identity and address

– Choose the amount of deposit and make the deposit through cash or cheque. – Receive the certificate as proof of investment in the Mahila Samman Savings Certificate scheme.

Beside MSSC, You Can Also Grow Your Wealth By Investing in Navi Mutual Fund


Diverse Sectors

Exposure to International Market

Disclaimer: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.