Women will get tremendous interest from this scheme of government. | Mahila Samman Savings Certificate.

 

Women will get tremendous interest from this scheme of government.

 

Budget 2023 has brought something special for every class of people. While presenting the budget on February 1, Finance Minister Nirmala Sitharaman announced several major announcements. In which a new small saving scheme was also announced. The Indian government has named this scheme in the name of women. A scheme for women was announced in this year's Union Budget.

 

This scheme was announced by the country's Finance Minister Nirmala Sitharaman in the budget. Now, what is this scheme? Let us try to understand in detail. In this budget, the central government launched a scheme to keep women in focus. Its name is Mahila Samman Savings Certificate. Now know how to invest in this scheme. 

Any woman can invest in Mahila Samman Savings Certificate. No age limit has been fixed for this scheme. Now know how much a woman can invest in this scheme. Any woman can invest up to ₹ 2 lakhs in Mahila Samman Savings Certificate. That is, the maximum limit of this scheme is ₹ 2 lakh. In this, the investor will get an annual return of 7.5%. 

That is, the interest received on it is more than FD, PPF, and NSC schemes. The Finance Minister said that the tenure of the deposit in this scheme is two years which would end in March 2025. That is, the central government is paying more interest to women than the general savings scheme. Now also know how you will be able to withdraw money from this scheme. 

If you invest in Mahila Samman Savings Certificate in March 2023, then you can withdraw money from this scheme till March 2025. That means your money will mature in two years. Be informed, no restriction has been placed on this scheme. That is, you can do a partial withdrawal from Mahila Samman Savings Certificate within two years.

 

That is, if a woman wants to take advantage of the Mahila Samman savings certificate scheme, then she will have to deposit a maximum amount of ₹ 2 lakhs by March 2025. Through this women can make good savings. Under this scheme, the amount can be deposited in the name of a woman or a girl child. Along with this, there is also a provision for partial withdrawal in the scheme. 

At the same time, the government said that any woman can get tax exemption by investing in the scheme. This scheme is also special because its interest rate is higher than many other investment schemes. Talking about FD, the interest rates of different banks are different. But for a senior citizen, it is around 7% which is not able to beat the interest rate of women's similar savings scheme. 

You are getting a 7.1% interest in investing in PPF at this time. The interest rate in the same NSC is 7%. You get 1% interest in the post office MIS scheme and Kisan Vikas Patra interest rate is 7.2%. Let me tell you, next year in 2024 the Lok Sabha elections are to be held. In such a situation, the new savings scheme for women is being linked to the attractive scheme of the government. 

Despite this, the benefits of this announcement to women cannot be denied. Now who will benefit from this scheme, also know this. With the Women's Honor Saving Certificate, the government wants to make half the country's population self-reliant. Women of low-income groups will get a lot of benefits from this scheme because their money will be safe in a short period and can be easily withdrawn when it comes to working. 

Moreover, they will also get strong returns in less time. The government is trying to empower women through this scheme. This is the first such scheme for women. The government said that any woman can get tax exemption by investing in this scheme. It is the effort of the government that the women of the country do not have to depend on anyone financially. For this, the government is running many schemes.

 

However, women of the high-income group will not get the benefit of this scheme as much as women of the low-income group will get. Now let us know for how long this scheme is available. Mahila Samman Saving Certificate Scheme is available till the year 2025. So if you also want to secure your money and earn assured and strong returns in two years, then you can invest in this scheme with the advice of your financial advisor.

 

In this sequence, the Finance Minister has announced the Mahila Samman Bachat Patra scheme for women. Along with this, Finance Minister Nirmala Sitharaman, while announcing the budget 2023, also told that under the Deen Dayal Antyodaya Yojana National Rural Livelihood Mission, 81 lakh self-help groups have been formed by collecting rural women for economic empowerment of women.

 

Let me tell you, the Finance Minister also told that there are 7 priorities of this budget. He said that this time the focus of the 7 main goals of the budget is inclusive development, priority to the underprivileged, infrastructure and investment capacity expansion, green development, youth power, and financial sector. 

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