Best Schemes for Womens: Right now it is very important for every woman to be financially independent. This financial independence increases your understanding of financial decisions. The central and state governments run many schemes to empower women financially. Ladli Behna Yojana of Madhya Pradesh, Majhi Ladki Behan Yojana of Maharashtra, Chief Minister Mahila Samman Yojana of Delhi, Maiya Samman Yojana of Jharkhand and Subhadra Yojana of Odisha Government are some such schemes.

To take advantage of such schemes, women do not have to invest anything on their own. On the other hand, there are some investment schemes of the government in which women can get better returns by investing. We are telling you about such schemes:-

Public Provident Fund (PPF)

If you are looking for an investment with tax exemption and returns, then investing in Public Provident Fund i.e. PPF can be a very good option. Investment in PPF comes under the EEE category. In this scheme, you get the full benefit of income tax exemption. No tax has to be paid on the amount received on maturity. Investment in PPF is usually for 15 years. But you can keep your money deposited as long as you want. You will keep getting interest on it.

1. The government guarantees you security in PPF account.
2. At present it is giving 7.1% annual interest.
3. It is directly regulated by the government.
4. The government itself decides the interest to be paid on this every 3 months.
5. Therefore it is completely safe from market risk.
6. The minimum investment amount has been kept at Rs 500.
7. A maximum of Rs 1.5 lakh can be invested in a year.
8. You can deposit money in maximum 12 installments in a financial year.

Subhadra Yojana

Subhadra Yojana. Under this scheme, the Odisha government is providing financial assistance of Rs 10 thousand to the women of the state every year through two installments. Under each installment, an amount of Rs 5 thousand is sent to the account of women. Subhadra Yojana is a very popular scheme in the state of Odisha.

Mahila Samman Savings Certificate Scheme (MSSC)

To encourage savings and investment among women, the government launched the Mahila Samman Savings Certificate (MSSC) scheme in the 2023 budget. If you want to start a savings scheme for your daughter, wife or any other woman, then this is a better option. This is a short term savings scheme. Girls and women of all ages can apply for this. This is a risk free scheme.

Special features of MSSC

The maturity period of Mahila Samman Savings Certificate is 2 years.
The interest rate for this scheme is 7.5%, which is fixed.
In this scheme, one can invest from Rs 1000 to Rs 2 lakh.
In case of emergency, there is a facility to withdraw money from this account with certain conditions.
This scheme is available in post offices and some banks.
There is no provision for tax exemption on investment in this scheme, but there is no tax deduction in it.