Women and Child Development and Minority Affairs Minister Smriti Irani
opened her Mahila Samman Savings Certificate (MSSC) account by visiting
the Head Post Office at Sansad Marg in New Delhi today. She came to the
counter as a common post office customer and waited for her turn to
complete the account opening formalities. Her MSSC account was opened
and a computer-generated passbook was handed over to her. On this
occasion, the Minister also interacted with post office staff and some
of the MSSC and Sukanya Samriddhi Yojana account holders.
Later talking to media persons, Ms Irani said that Mahila Samman Savings
Certificate sponsored by the Department of Posts is a unique initiative
in the direction of Prime Minister Narendra Modi’s vision of women
empowerment. She also urged all women to get the benefits of this
scheme.
AIR Correspondent reports that the Mahila
Samman Savings Certificate Scheme was announced in the 2023- 24 Union
Budget by Finance Minister Nirmala Sitharaman to commemorate ‘Azadi Ka
Amrit Mahotsav.’ This scheme is a significant step towards financial
inclusion and empowerment of women including girls. The two-year tenure
scheme offers an attractive and fixed interest of 7.5 percent interest
compounded quarterly with flexible investment and partial withdrawal
options with a maximum ceiling of two lakh rupees. The scheme is valid
for a two-year period up to 31st March 2025. The scheme has been made
available in all 1.59 lakh post offices from 1st of this month.
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