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How to Open Mahila Samman Savings Certificate 2026
Mahila Samman SC - women only. 7.5% interest. ₹2L max. 2-year tenure. Tax efficient.
📁 Banking
⏱️ 30-45 mins
💰 Free
Visit Official Portal →
About This Guide
Mahila Samman Savings Certificate (MSSC) - exclusive small savings for women + girls. Launched 2023. 7.5% interest. ₹1,000 minimum to ₹2 lakh maximum. 2-year tenure. Open at post office. Govt-backed. Section 80C eligible up to ₹1.5L. Withdrawal allowed after 1 year (40% partial).
Eligibility Criteria
- Indian woman OR girl (any age)
- Aadhaar mandatory
- PAN
- Single account per individual
- Min ₹1,000
- Max ₹2 lakh per individual
Documents Required
Keep these documents ready before starting application. Missing documents = delayed approval.
- Aadhaar
- PAN
- Photo
- Initial deposit
- Bank passbook
- MSSC Form
- Address proof
- Mobile registered
Step-by-Step Application Process
Follow these steps in order. Each step is critical - skip none.
Visit Post Office
Or eligible bank.
KYC + Documents
Aadhaar + PAN.
Initial Deposit
₹1,000-2,00,000.
2-Year Tenure
Maturity Year 2.
Compound Interest
7.5% quarterly compounded.
Maturity
Principal + interest credited to bank.
Premature Withdrawal
After 1 year: 40% partial allowed.
Tax 80C
Investment up to ₹1.5L deductible.
Key Benefits
- Exclusive women + girls
- 7.5% high interest
- Govt-backed
- ₹2L upper limit
- 2-year quick
- Section 80C eligible
- Premature partial OK
- Compound interest
- Affordable ₹1,000+
- Multiple accounts NO (one per person)
What Happens After Application?
Account active immediately. Maturity 2 years.
Frequently Asked Questions
Multiple accounts?
NO - one per individual. ₹2L total per woman/girl.
Senior citizen woman?
YES eligible. Plus SCSS for ₹15L. Both run parallel for high savings.