A new PM Mahila Samman Bachat Patra Yojana (प्रधानमंत्री महिला सम्मान बचत पत्र योजना) has been announced by Finance Minister Nirmala Sitharaman on 1 February 2023. While presenting the Union Budget 2023-24, she mentioned that central government will start Post Office Mahila Samman Savings Certificate scheme for women and girls. Read this article till the end to know how to make PM Mahila Samman Bachat Patra scheme registration and other aspects regarding the scheme.

What is PM Mahila Samman Bachat Patra Yojana 2023

While presenting the Union Budget 2023-24, FM Nirmala Sitharaman said "For commemorating Azadi Ka Amrit Mahotsav, a one-time new small savings scheme, Mahila Samman Savings Certificate (महिला सम्मान बचत पत्र योजना), will be made available for a two-year period up to March 2025. This will offer deposit facility upto 2 lakh in the name of women or girls for a tenor of 2 years at fixed interest rate of 7.5 per cent with partial withdrawal option".  

Overview of Mahila Samman Savings Certificate Scheme

Name of SchemeMahila Samman Savings Certificate Scheme or PM Mahila Samman Bachat Patra Yojana
in Hindiपीएम महिला सम्मान बचत पत्र योजना
Announced byFinance Minister of India, Smt. Nirmala Sitharaman
Date of Announcement1 February 2023 (while presenting Union Budget 2023-24)
BeneficiariesWomen or girls
Duration of Scheme2 Years i.e upto March 2025
Deposit AmountMax. Rs. 2 lakh
Maturity2 Years from date of opening of Mahila Samman yojana account 
ImplementationPost Office
Rate of Interest7.5% (interest rate is fixed)

How to Apply Online for PM Mahila Samman Bachat Patra Yojana

Just like other post office schemes, the central govt. will invite online application forms for opening of accounts under PM Mahila Samman Yojana. As the Post Office Mahila Samman Savings Certificate scheme has just been announced, so there is no concrete information regarding apply online process. It is expected that the PO Mahila Samman Bachat Patra Yojana online registration form would be invited at https://www.indiapost.gov.in/vas/Pages/IndiaPostHome.aspx

As soon as the apply online process starts, we will update it here.

List of Documents Required for PM Mahila Samman Bachat Patra Scheme

  • Aadhar Card
  • Income Certificate
  • Active mobile number
  • 2 passport size photograph
  • Post office account passbook
Rest information can be checked in Budget Speech 2023-24 at https://www.indiabudget.gov.in/