Mahila Samman Savings Certificate (MSSC) is a one-time scheme that offers a fixed interest of 7.5 per cent. It can be opened in the name of a woman or girl of any age. It comes with a tenure of two years. The interest is compounded quarterly but paid on maturity. Will it give you a better return when compared to fixed deposits in leading banks or post office time deposits? Who should invest in Mahila Samman Savings Certificate?
