Investment: Mahila Samman Savings Certificate or Bank FD, where should you invest? know here...


This time the 'Mahila Samman Savings Certificate' scheme has been introduced for women in the budget. Deposit facilities will be provided to women and girls through this small savings scheme. Women in rural areas will be financially strengthened through the Mahila Samman savings certificate. Now the question arises whether it will be right for the women of the country to invest in Mahila Samman Savings Certificate Scheme or whether it will be more beneficial to invest in Bank FD, which is getting more interest. Therefore, today we will tell you about the more beneficial scheme out of Bank FD and Mahila Samman Savings Certificate.


Under the Mahila Samman Bachat Patra, women and girls have the facility of depositing lump sums in a small savings scheme. The duration of this scheme has been kept for 2 years. This deposit can be made in the name of a woman or girl child. The maximum deposit amount has been kept at Rs 2 lakh. 7.5 percent interest is given in this and it is a one-time saving scheme.

Getting more interest from these places
Which is higher than most bank fixed deposits and other popular investment schemes like Post Office Monthly Income Scheme (POMIS), Senior Citizen Savings Scheme (SCSS), PPF, National Savings Certificate (NSC), and Sukanya Samriddhi Yojana. The lump sum deposit facility under Mahila Samman Savings Letter will be for two years between 2023 and 2025.

The Government of India has allowed the facility of partial withdrawal in the Mahila Samman Savings Certificate Scheme. The details of the scheme have not yet been shared by the government. However, analysts think that this scheme can be opened in any state-owned bank from April 1, 2023.


Banks the country's top banks like State Bank of India (SBI), Axis Bank, HDFC, ICICI, and Kotak are getting interested ranging from 3% to 6.35% during this period. For a period of 2 years, the SBI FD interest rate is 6.75%, Axis Bank FD 7.26%, HDFC Bank 7%, ICICI Bank 7%, and Kotak Bank 6.75%.

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