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    <title>Public Sector Banks and eligible Private Sector Banks authorised to implement and operationalise Mahila Samman Savings Certificate, 2023</title>
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    <description>Department of Economic Affairs authorised Public Sector Banks and eligible Private Sector Banks to implement the Mahila Samman Savings Certificate, 2023, extending subscription beyond Post Offices to improve access for girls and women. The scheme allows account opening until March 31, 2025, with a fixed two year maturity from account opening, deposits above a minimum in specified multiples up to a maximum limit, interest at 7.5% per annum compounded quarterly, and partial withdrawals of up to 40% of the eligible balance during the tenor.</description>
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