This article offers a brief summary of the key aspects of the Canara Bank‘s Mahila Samman Savings Certificate schemes. Since these details are subject to frequent updates, please refer to the bank’s official website for the most current information on features and interest rates.
Canara Bank – Mahila Samman Savings Certificate Features:
- Minimum deposit stands at Rs. 1000, with multiples in increments of Rs. 100, and the maximum allowed deposit is Rs. 200,000.
- Individuals can open multiple accounts within this limit.
- The scheme is valid from April 1, 2023, to March 31, 2025, offering a duration of 2 years from the date of opening the account.
- The interest rate is set at 7.5%, compounded quarterly.
How to invest?
Click here to invest in the Canara Bank’s Mahila Samman Savings Certificate schemes.
Note: The information presented here is sourced from publicly available data. We cannot be held responsible for any inaccuracies in the details. For the most current and accurate information, please visit the official website of the respective bank/institution.