New Delhi, Feb. 5 -- The Mahila Samman Savings Certificate (MSSC) is a unique small-savings scheme launched by the Department of Economic Affairs, Ministry of Finance to provide financial security and encourage savings among girls and women in India.

Announced in the Union Budget 2023-24, this scheme is aimed at creating a safe and lucrative investment avenue for women, fostering a culture of long-term savings and financial independence.

Operational since April 1, 2023, the scheme is available through Post Offices and select Public Sector Banks and eligible Private Sector Banks. The scheme has a validity period up to March 31, 2025 making sure that ample opportunity for individuals to participate in this financial initiative.

The schem...