In such a situation, Mahila Samman Saving Certificate (MSSC) can prove to be better for them. This is a deposit scheme, in which interest is being given at the rate of 7.5%. Women can deposit ...

Launched by the Department of Economic Affairs in 2023, the scheme is a government-backed investment option for women with a fixed tenure of two years. Under the MSSC scheme, any woman can open an ...

The Union Finance Ministry has authorised all public sector banks and participating private sector banks to open MSSC accounts. The facility is also available at post offices across the country. The ...