Women will benefit from increasing the interest rate in the special FD scheme for women. Through this scheme, if women open FD in the bank for two years, then they will be assured of a special interest rate.
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Recently PM Modi addressed the ET Global Business Summit. He said on this occasion that India has shown disaster by turning it into opportunity. In the last three years, the whole world has changed, global systems have changed and India has also changed. He further said that a special FD scheme for women has been launched in this year’s budget. Whose aim is to empower women.
While on one hand banks are reducing their interest rates, on the other hand, increasing the interest rate in the special FD scheme for women will benefit women. Through this scheme, if women open FD in the bank for two years, then they will be assured of a special interest rate. If you do not know about this scheme yet, then let us tell you about this scheme in detail.
What is a special interest rate scheme?
This is a one time investment scheme, the interest earned on it makes this scheme attractive. In Mahila Samman Savings Letter, women will get 7.5% interest, which is much higher than all other small savings schemes.
is better in these cases
Mahila Samman Bachat Patra Yojana is like a fixed deposit scheme. Under this, investment can be made in the name of any woman or girl. In this scheme, you will have an investment limit of only two lakh rupees. However, if we compare this scheme with the fixed deposit of the post office, then it is much better in terms of interest because the interest on two-year time deposit in the post office is 6.8%, while in this scheme women get 7.5% interest. Will get interest accordingly.
Better interest than these schemes
If you compare the interest of Mahila Samman Bachat Patra Yojana with other small savings schemes, it still looks better than many other schemes. Compared to National Savings Certificate, Public Provident Fund, Monthly Income Scheme and Kisan Vikas Patra, the interest of Mahila Samman Bachat Patra Yojana is very good. At present, interest is being received at 7% on National Savings Certificate, 7.1% on Public Provident Fund, 7.1% on Monthly Income Scheme and 7.2% on Kisan Vikas Patra. If the scheme is compared to Sukanya Samriddhi in terms of interest, then the interest of SSY is more than this. Interest is being received in SSY at the rate of 7.6%.
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