What is the Mahila Samman Savings Certificate (MSSC)?

Akhil Sharma04 Aug, 2025Business

Our Indian government has introduced the Mahila Samman Savings Certificate (MSSC). This is made to support women and girl children financially. It is a savings scheme for women and girls for the Indian government: 1. Its is a safe and government-backed savings option. 2. Only women or guardians of girl children can open this account. 3. You can deposit up to ₹2 lakh in it (minimum ₹1,000). 4. Its gives a fixed interest rate of 7.5% per year. It is better than most fixed deposits. 5. The money is locked in for 2 years, but you can also withdraw money early. 6. Its is available at post offices and select banks.