43,30,121 accounts opened under Mahila Samman Savings Certificate Scheme (MSSC) till 31.10.2024

43,30,121 accounts opened under Mahila Samman Savings Certificate Scheme (MSSC) till 31.10.2024

The Mahila Samman Savings Certificate Scheme (MSSC) was launched on 31.03.2023 to commemorate the ‘Azadi ka Amrit Mahotsav’ exclusively for the women and minor girls, and so far, 43,30,121 accounts have been opened under it till 31.10.2024.

This was stated by Union Minister of State for Finance Shri Pankaj Chaudhary in a written reply to a question in Rajya Sabha, today.

The scheme was launched by the Government to promote financial independence of the woman of the country by allowing attractive rate of interest and to also help in achieving objectives of financial inclusion as set by Government of India. The account under this MSSC shall be opened by a woman for herself, or by the guardian on behalf of a minor girl, on or before 31st March, 2025.

Some of the salient features of the schemes include: