Key features
- Interest: 7.5% per year, compounded quarterly.
- Maximum deposit: ₹2 lakh per account holder.
- Tenure: 2 years, with partial withdrawal allowed after one year as per the rules.
- Available at post offices and authorised banks.
Current status
MSSC was announced for two years and accepted new deposits until 31 March 2025. Existing certificates continue until maturity. For new savings, compare other small savings schemes such as the Post Office Time Deposit, Sukanya Samriddhi (for girls) and NSC; check current rates with India Post or your bank.
Official source
Check the latest rules, benefits and forms here. KisanPe is an independent platform and is not a government website.
India Post (small savings schemes) ↗Related on KisanPe
Common questions
What was the MSSC interest rate?
7.5% per year, compounded quarterly.
Can I open a new MSSC account now?
The scheme accepted new deposits until 31 March 2025. Check with India Post or your bank for any extension or alternatives.
What was the maximum deposit?
₹2 lakh per account holder.
General guidance, not personal advice. For your farm, ask your local Krishi Vigyan Kendra or agriculture officer.
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