EXPLAINED: How to calculate Mahila Samman Savings Certificate scheme return

The Mahila Samman Savings Scheme was introduced during the Union Budget 2023-24. The scheme is valid only for two years till March 31, 2025. Investors can get an annual fixed interest rate of 7.5 per cent compounded quarterly.

EXPLAINED: How to calculate Mahila Samman Savings Certificate
The Mahila Samman Savings Scheme aims to support women as the savings will benefit them financially.

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