Mahila Samman Savings Certificate Calculator
2-year women-focused savings scheme at 7.5% — CLOSED to new deposits since 1 April 2025.
Deposit
Was capped at ₹2 L per beneficiary
Fixed 2-year tenure
Rate & data freshness
Default rate based on the latest official Government of India notification. Please verify the current rate before making financial decisions.
Maturity value
₹2,32,044
after 2 years @ 7.5% quarterly compounding
- Deposit
- ₹2,00,000
- Interest earned
- ₹32,044
Scheme closed to new deposits from 1 April 2025. Existing accounts continue to earn 7.5% till maturity.
Deposit vs interest
- Deposit
- Interest
Total: ₹2.32 L
How the math works
Maturity = P × (1 + r/4)^(4·2) (compounded quarterly, 2-year tenure)
- P
- Deposit amount (₹1,000 to ₹2 L)
- r
- Annual rate (7.5%)
- Tenure
- 2 years
How it works
- 1
Enter the deposit amount (min ₹1,000, max ₹2 L per beneficiary).
- 2
CalcPe compounds quarterly at 7.5% for the 2-year tenure.
- 3
You get the maturity amount at the end of 2 years.
- 4
Partial withdrawal (up to 40%) allowed after 1 year.
A quick walkthrough
Inputs
₹2,00,000 deposit under MSSC at 7.5% for 2 years.
Steps
- Maturity = 2,00,000 × (1 + 7.5%/4)^8
- ≈ ₹2,32,044
Result
Maturity ≈ ₹2,32,044 · interest earned ≈ ₹32,044.
Why CalcPe’s Mahila Samman Savings Certificate Calculator
- Higher rate than most 2-year FDs at the time it was open.
- Government-backed — capital fully safe.
- Available at post offices and some banks.
- Simple one-time deposit; no periodic contributions needed.