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    How to Open Mahila Samman Savings Certificate at Post Office

    The Mahila Samman Savings Certificate is a special financial instrument introduced to empower women economically. It offers a reliable and secure way to save, particularly beneficial for women looking to invest in their future. Here's a comprehensive guide on how to open a Mahila Samman Savings Certificate at your local post office.

    The Mahila Samman Saving Certificate, 2023, is available from 01/04/2023 in the Post Offices at an interest rate of 7.5% p.a.

    Step 1: Understanding the Scheme

    Before you proceed to open a Mahila Samman Savings Certificate, it’s crucial to understand its features, benefits, and terms. This scheme is designed specifically for women and offers attractive interest rates and other benefits. Make sure to verify the current interest rate and maturity period.

    Step 2: Eligibility Criteria

    The Mahila Samman Savings Certificate is exclusively for women. Ensure that you meet the eligibility criteria set forth for this scheme. Generally, the eligibility criteria include age and residency requirements.

    Step 3: Gathering Required Documents

    To open a Mahila Samman Savings Certificate, you will need to provide certain documents. These typically include valid identification (such as a passport, voter ID, or Aadhaar card), proof of address, and recent passport-sized photographs. Ensure all documents are valid and up to date.

    Step 4: Visit Your Nearest Post Office

    Visit the nearest post office with your documents. It's advisable to check if the specific branch offers the Mahila Samman Savings Certificate service to avoid any inconvenience.

    Step 5: Filling the Application Form

    At the post office, request the application form for the Mahila Samman Savings Certificate. Fill in the form with accurate details. Pay attention to fields that require your personal and financial information.

    Step 6: Submitting the Form and Documents

    After filling out the form, submit it along with the required documents to the post office staff. They will verify the details and documents. Ensure that all information provided is accurate to avoid any issues later.

    Step 7: Making the Investment

    Decide the amount you wish to invest in the Mahila Samman Savings Certificate. The minimum and maximum investment limits will be provided by the post office. Make the payment through the accepted modes of payment, which could include cash, cheque, or demand draft.

    Minimum Investment Amount: INR 1,000, and in multiples of INR 100 thereafter. Maximum Investment Amount: INR 2,00,000

    Step 8: Receiving the Certificate

    Once your application is processed and the payment is made, you will receive the Mahila Samman Savings Certificate. This certificate will contain all the details of your investment, including the maturity date and the amount to be received upon maturity.

    Step 9: Understanding the Terms and Conditions

    Make sure to understand the terms and conditions associated with the Mahila Samman Savings Certificate, especially regarding premature withdrawal, loan against the certificate, and nomination facilities.

    Tenure: 2 years. The interest will be paid upon maturity of the scheme. Partial Withdrawals: Available. Depositors can withdraw up to 40% of the corpus amount after 1 year from the date of account opening. Premature Closure: The account cannot be prematurely closed. However, under certain conditions premature closure facility is available.

    List of Banks Offering Mahila Samman Savings Certificate

    All public sector banks and ICICI Bank, Axis Bank, HDFC Bank Ltd. and IDBI Bank are authorized to offer Mahila Samman Savings Certificate, 2023. Following is the list of public sector banks in India:

    • State Bank of India
    • Punjab National Bank
    • Bank of Baroda
    • Canara Bank
    • Union Bank of India
    • Bank of India
    • Indian Bank
    • Central Bank of India
    • Indian Overseas Bank
    • UCO Bank
    • Bank of Maharashtra
    • Punjab & Sindh Bank


    The Mahila Samman Savings Certificate is an excellent savings tool for women, offering both security and good returns. By following these simple steps, you can easily invest in this scheme at your local post office and take a step toward financial empowerment.


    It's always advisable to consult with a financial advisor or the post office staff for any updates or changes in the scheme’s features or policies. This will ensure that you have the most current and relevant information before making an investment.

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