Mahila Samman Bachat Patra | Mahila Samman Bachat Patra Benfits | How To Apply For Mahila Samman Bachat Patra Scheme | Investment options for women | Mahila Samman Bachat Patra Saving Account
The government of India has started the Mahila Samman Bachat Patra Scheme to make women of India financially independent and stable. Learn how you can get the benefits of this scheme and how it can help you to secure a better tomorrow. Today in this article we are going to discuss everything about the scheme like its eligibility criteria, required documents, objectives, benefits, important highlights, the application process, etc. So to know more stay connected with us.
About | Mahila Samman Bachat Patra Scheme |
Started By | Central Government |
Started On | 1 February 2023 |
Objective | To Empower Women Financially |
Beneficiary | Women Of India |
Scheme Tenure | 2 Years |
Maximum Investment | Rs 2 lakhs |
Official Website | Not Announced |
Central Government Offical Website | Click Here |
Objective Of Mahila Samman Bachat Patra
The objectives of the Mahila Samman Bachat Patra Scheme are:
- To provide financial security and empower women by encouraging them to save and invest.
- Helping women achieve financial independence and stability.
Key Points & Benefits Of The Mahila Samman Bachat Patra For Women
- Financial independence: Mahila Samman Savings Patra is a small savings scheme for women which helps women to achieve financial independence and take their own financial decisions.
- Tax savings: Under this scheme, tax benefits will be provided to the beneficiaries on deposit.
- Safety and security: Since Mahila Samman Savings Patra is a government-backed scheme, residents can open their savings accounts and invest in them without any worries.
- Better returns: Under this scheme, a fixed interest rate of 7.5% will be offered to beneficiaries on their saving scheme for 2 years which will give them higher returns at the end.
- Easy To Open: Interested Beneficiaries can open the Mahila Samman Bachat Patra Scheme by visiting their nearest bank. The process of opening a savings scheme is simple and easy.
- Provides a secure future: This scheme provides women with a secure future by providing assured returns on their investments after the maturity date.
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Eligibility Criteria
- Any woman who is a citizen of India is eligible for this scheme.
- Beneficiaries above 18 years of age can open Mahila Samman Savings Account.
- There is no upper age limit and women of all ages can avail the benefits of this scheme.
How To Open A Mahila Samman Bachat Patra Account?
Interested beneficiaries who invest in Mahila Samman Bachat Patra Scheme and want to open a savings account have to visit the nearest Post Office or authorized bank and complete the required documents. Now take the application form from the office and fill in all the details and attached it to the document and submit it to the post office or bank.
NOTE:- Stay connected to our website Yojanasarkari for information about any scheme related to Central Government and State Government.
FAQ
What is Mahila Samman Patra Saving Account Scheme?
Mahila Samman Savings Patra is a unique savings scheme for women in India. Under this scheme, the Government of India provides a 7.5% interest rate on savings account for 2 years.
What is the minimum investment required to open Mahila Samman Patra Account?
The minimum investment required to open Mahila Samman Savings Account is relatively low so women of all income levels can avail the benefits of this scheme.
Is there a maximum age limit for opening Mahila Samman Patra Account?
There is no age limit to apply for Mahila Samman Patra Saving Account, women from all ages group can open saving account and avail the benefits of this scheme.