New Delhi/IBNS: The Government of India has been running many schemes to help the people of the country, especially the women, youth and senior citizens, and most of the government schemes are being operated from the post office.

Post office is running a similar small savings scheme --  Mahila Samman Saving Certificate (MSSC) -- which will yield Rs 2.32 lakh in just two years.

The MSSC Scheme was launched by the government to provide financial help to women.

Under this scheme, women can deposit from Rs 1,000 to Rs 2 lakh, but money deposited should be in multiples of 100 only.

Under this scheme, multiple accounts can be opened, but the deposit amount should not exceed a maximum of Rs 2 lakh.

There should be a gap of three months in the date of opening the second account under the MSSC scheme.

The interest rate on MSSC scheme is 7.5 percent per annum, but the interest is deposited on a three-monthly basis.

MSSC scheme's maturity period is only two years, but after one year from the date of deposit, a maximum of 40 percent of the remaining money can be withdrawn, however, the partial withdrawal facility is available only once before maturity.

If a depositor invests a maximum of Rs 2 lakh in this scheme, she will get an interest of Rs 32044 at the rate of 7.50 percent, and in such a situation, a total of Rs 2,32,044 is given on maturity in two years.

However, in case of death of the account holder, the nominee or family members can withdraw this deposited amount, while the money can be withdrawn for medical help in case of life-threatening illnesses.

After withdrawing money, a depositor can also close the account.

The government also allows depositors to close the account after six months of opening.

However, in such a situation, the account holder will be given money at less than 2 percent interest.