Union Minister Smriti Irani opens her MSSC account at Sansad Marg main post office in New Delhi.
His MSSC account was opened and a computer-generated passbook was given to him at the counter itself.
Union Minister for Women and Child Development Smriti Irani opened a Mahila Samman Savings Certificate (MSSC) account while visiting Sansad Marg main post office in New Delhi on Wednesday after -noon. She went to the counter as an ordinary customer of a post office and completed the formalities for opening an account. His MSSC account was opened and a computer-generated passbook was given to him at the counter itself. Sharing the same on Twitter, the Minister of Women and Child Development also urged women and young girls to enroll in the MSSC and take advantage of this small savings scheme.
The caption excerpt from the tweet written by the Union Minister reads: “Opening a Mahila Samman Savings Certificate (MSSC) Account at Sansad Marg Post Office today. urges women and girls to enroll in the MSSC and take advantage of this small savings program.
Mahila Samman Savings Certificate (MSSC) account opening today at Sansad Marg post office.
I urge women and girls… pic.twitter.com/DB42XCW95W
— Smriti Z Irani (@smritiirani) April 26, 2023
According to a statement issued by the Ministry of Communication, Smriti Irani also interacted with post staff and some MSSC and Sukanya Samriddhi Yojana account holders on this occasion. In the statement, he also mentioned that the minister’s noble gesture will surely inspire millions of people to come forward and open their MSSC and Sukanya Samriddhi accounts at the nearest post office.
Union Finance Minister Nirmala Sitharaman announced the Mahila Samman Savings Certificate Scheme in 2023-2024 to commemorate Azadi Ka Amrit Mahotsav and is an important step towards financial inclusion and women empowerment, including girls.
The two-year term scheme offers an attractive interest rate of 7.5% compounded quarterly with flexible investment and partial withdrawal options with a maximum ceiling of Rs 2 lakh. The program is valid for two years until March 31, 2025. The program is available at all 1.59 lakh post offices from April 1.
The minimum investment amount in the small savings scheme is Rs 1,000 and the maximum amount is Rs 2 lakh. Withdrawal is allowed up to 40% of the eligible balance which can be withdrawn after the expiration of one year from the date of account opening. The account may be closed due to the death of the depositor or guardian and for extreme medical reasons. Premature closing of the account is also allowed within six months of opening, but the interest rate will be reduced by 2%.
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