Mahila Samman Savings Calculator

Calculate maturity amount for the government's 7.5% interest scheme for women. Fixed 2-year tenure with quarterly compounding.

₹2.00 L
₹1K₹2.00 L (Max)

Scheme Details

  • Interest Rate:7.5% p.a.
  • Tenure:2 Years
  • Compounding:Quarterly
  • Max Investment:₹2 Lakhs

Maturity Value (After 2 Years)

₹2.32 L

Total Interest: ₹32,044

Principal Amount

₹2.00 L

One-time investment

Investment Timeline

Start
1 Year
Partial Withdrawal Allowed
Maturity (2Y)

Growth Chart

About Mahila Samman Savings Certificate (MSSC)

The Mahila Samman Savings Certificate is a one-time small savings scheme for women and girls, announced in the 2023 Budget. It is available for a two-year period up to March 2025.

Key Features

  • Interest Rate: 7.5% per annum.
  • Compounding: Quarterly.
  • Tenure: 2 Years fixed.
  • Investment Limit: Minimum ₹1,000 and Maximum ₹2 Lakhs.
  • Partial Withdrawal: Up to 40% of the balance is allowed after 1 year.
  • Taxation: Interest is taxable as per your income tax slab. TDS applies only if total interest exceeds ₹40,000 (or ₹50,000 for seniors).