Mahila Samman Savings Certificate

  • The Department of Economic Affairs, Ministry of Finance permitted all Public Sector Banks and eligible Private Sector Banks to implement and operationalise the Mahila Samman Savings Certificate.
  • The Mahila Samman Savings Certificate is a one-time savings scheme for women announced by the government in Budget 2023.
  • The scheme aims to empower women by increasing their participation in investments.
  • The scheme is exclusively available to women. Hence, any woman above 18 years of age can invest in this scheme by herself. Also, in the case of minors, the guardian can open the account on behalf of the girl. ....
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