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News India Live, Digital Desk: MSSC: When the government especially launched the ‘Women’s Honor Savings Certificate’ scheme for women, it was a very beautiful gift. A gift that encourages women to save and become financially strong.
But, many women had a small concern in their minds. In this scheme, money used to be ‘locked’ for 2 years. In such a situation, what will happen if there is a sudden need or emergency in the middle? Will your own money not work at the time of need?
Realizing this concern and making this plan even more reliable and flexible, the government has made a huge and relief change.
Now, you have been given complete control over your savings.
What is this relief change?
According to the new rule, now if you need, to open an account A year laterYour deposited money 40% share Can remove
Understand this like this: If you have deposited Rs 1 lakh in this account, then after completion of one year, you can easily withdraw up to Rs 40,000 if needed, and the remaining money will remain in the account and you will get interest on it as before.
How to get this money?
For this you do not have to do any long or difficult task. All you have to do is fill a simple ‘Form-3’ and submit it to the post office or bank, and you will get your money.
Why is this a very big step?
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Trust and flexibility: This change makes this scheme not just a ‘savings scheme’, but also an ‘Emergency Fund’. Now women will be confident that their money is not only increasing, but will also work in times of need.
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Promotion of savings: Now those women will also be able to invest in this scheme without any fear, who used to hesitate before being ‘lock’.
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Economic freedom: This gives women more rights and control over their own savings, which is a very big step towards becoming financially independent.
This small change is actually a very good news, which makes this best plan even more special and useful for every woman.
North India Statesman