To ensure that individuals of all ages have access to enough financial help when they need it, the Indian government has launched a number of savings programs. Among these, the Mahila Samman Savings Certificate (MSSC) Scheme and the Senior Citizen Savings Scheme (SCSS) are two of the most well-known and widely used savings plans.
The country’s women and girls, as well as older persons, are the target audiences for these programs. The Senior Citizen Savings Scheme is a retirement benefit plan that enables women and girls in India to invest a lump sum amount to receive a regular income after turning 60. In contrast, the Mahila Samman Savings Certificate Scheme is a small savings scheme designed to help women and girls in India to promote financial inclusion and empower them.
An MSSC account may be opened by women and guardians of underage girls, while a SCSS account can be opened by anybody who is at least 55 years old.
Although the characteristics, benefits, and eligibility requirements of the two schemes vary, there are differences in the offline and online account establishing procedures for the Mahila Samman Savings Scheme and SCSS.
To find out how to create an online account for the SCSS and Mahila Samman Savings Scheme, scroll down.
How may accounts for the SCSS and Mahila Samman Savings Scheme be opened online?
Banks and post offices used to not allow online account opening for the Mahila Samman Savings Scheme and Senior Citizen Savings Scheme. But it seems that this is now achievable.
Investors may create a SCSS or MSSC account using the Department of Post’s online banking facility, as per the department’s most recent circular.
Check out these steps:
Visit the Post Office Savings Account Customers’ DOP Internet Banking.
Select ‘General Services’ from the homepage tab.
Choose the ‘Service Requests’ menu item.
After that, choose “OK” after clicking on the “New Requests” option.
Then choose either “MSSC Accounts – Open an MSSC Account” or “SCSS Accounts – Open a SCSS Account.”
Enter the deposit amount as instructed by the scheme regulations now, and choose between the associated Post Office Savings Account and the debit account.
If required, add transaction notes, then tick the box to indicate your agreement to all terms and conditions.
After that, click “Submit Online” and write a comment if any further information is needed.
Finally, enter the “Transaction Password” and press the “Submit” button.
If every requirement is met, the SCSS or MSSC account will be established.



























