How much does ₹1.2 lakh in MSSC grow to at maturity?
Based on these numbers, your ₹1,20,000 certificate matures to about ₹1,39,227 in 2 years — ₹19,227 in interest, compounded quarterly.
What is the Mahila Samman Savings Certificate?
A 2-year certificate scheme for women and girl account holders of any age, with quarterly compounding and one of the higher official rates for a short-term product. Deposits are capped at ₹2 lakh per account.
What this simplifies
The scheme allows a partial withdrawal of up to 40% of the balance after one year — this calculator shows the full, untouched 2-year maturity value. Also worth checking directly with India Post whether new accounts are still being opened under this scheme, since it was originally introduced with a limited account-opening window.