The women's team had lost to the hosts England by nine runs in a nail-biting final at the Lords last month.
The MCA had already announced a reward of Rs five lakh each to three members of the squad - Poonam Raut, Smriti Mandhana and Mona Meshram. It had also announced to give membership of their facility at BKC to these three players.
A senior official said the players would be felicitated by former BCCI and ICC chief Sharad Pawar on Saturday.
The rewards will be given to the three players during the event, the official maintained.