What is the full form of MSBP? | MSBP full form in Post Office

Do you heard the full form of MSBP?. If not than this post is for you where you will get full information about MSBP full form and much more.

MSBP full form

MSBP Full form

The full form of MSBP is Mahila Samman Bachat Patra. It is a national small savings scheme of government of India.

Mahila Samman Bachat Patra (MSBP) is recently introduced by the Indian Government on 01 february during the speed of budget 2023 by Finance minister Nirmala Sitharaman.

MSBP is a new investment tool for Indian women and girls. They can invest upto 2 lakhs Rupees in this scheme for the period of 2 years.

After maturity they will get better returns through MSBP scheme other than bank FDs and other saving schemes.

Mahila Samman Bachat Patra account can be opened offline at any post office in India.

Just visit the nearest post office alongwith KYC document to open your Mahila Samman Account.

If you want to invest your valuable money into MSBP scheme (Yojana) then it is right time for investment because interest rate of Mahila Samman Savings Certificate (another name of Mahila Samman Bachat Patra) is higher than other national smal savings scheme of government of india. The annually interest rate of MSBP is 7.5%.

If you want to know more about MSBP then read a dedicated page on Mahila Samman Bachat Patra Yojana.

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