Mahila Samman Savings Certificate

Who Can Open An Account

Any woman can open an account for herself or a guardian can open an account on behalf of a minor girl.


Minimum deposit of Rs. 1000, with multiples of Rs. 100. Maximum limit of Rs. 2 lakh in an account or for all accounts held by an account holder.


7.5% interest per annum. Interest will be compounded quarterly. Accounts opened or deposits made in contravention of rules will be eligible for interest at the Post Office Savings Account rate.


After one year from the date of account opening, 40% of the eligible balance can be withdrawn. Pre-mature closure can occur in case of the account holder's death or extreme compassionate grounds.

How to Open an Account

Visit your nearest branch of Central Bank of India. Submit the Account Opening Form, KYC documents (Aadhaar and PAN card), and deposit amount/cheque.