Investing Wisely: The Women Honors Serving Certificate Scheme
Many women want to invest their money wisely, but most available schemes offer low interest rates, leading to more losses than gains.
Government’s Support: Women Honors Serving Certificate Scheme
The central government has introduced a beneficial scheme for women called the Women Honors Serving Certificate Scheme, also known as the Mahila Samman Savings Certificate.
How It Works: Easy Deposits and Tax Benefits
Any woman can deposit money in this scheme, either in her own name or on behalf of a minor girl. The maximum deposit allowed is 2 lakh rupees, with a minimum investment of 1000 rupees. The scheme has a two-year tenure and currently offers a 7.5 percent interest rate. Moreover, the invested money qualifies for tax exemption benefits.
Why It’s Special: More Benefits Than Bank Fixed Deposits
This scheme stands out due to its additional benefits compared to regular bank fixed deposits. If you invest for two years, you can earn an interest of 32000 rupees.
Get Your Doubts Cleared: Contact Your Nearest Bank Branch
If you have any doubts about this scheme, don’t worry. You can visit your nearest bank branch and get all your questions answered. This scheme is an excellent choice for women looking to invest wisely and secure their financial future.