Saving

Types of Saving Product

Savings

S.N.

Saving Name

Interest Rate

Features

1

Group Saving

7.5%

For Regular Saving, Member should deposit Saving in Every Center Meeting

 

2

Individual Saving

7.5%

Can be deposited/Withdrawn according to needs.

 

3

Festival Saving

7.5%

Saving should be performed at once or in installment basis for Festivals.

 

4

Swabalamban Saving

8%

Saving should be performed at once or in installment basis. Minimum Saving should be 1000. In center meeting, 30000 and from the respective branch office Up to 5 Lakh could be withdrawn.

 

5

Welfare Fund Saving

7.5%

Collected amount by donations and other group income, penalty/fine by the center could be deposited. Expenditure for benefit of center could be done.

 

6

Child Saving

7.5%

Applicable for those who have taken micro-enterprise loan and has paid installment for more than 6 Month.

 

7

Education / Pension Saving


Doubling i.e. 50% more on the accumulated amount in 10 years period and doubling i.e. 100% more in the accumulated amount in 15 years period

 

8

Center Fund Saving

7.5%



 

9

Swabalambi Saving


The number equal to the multiplication result of 5000 or the maximum amount of Rs. 5000 to open the account and the amount deposited at the beginning. After depositing 1% up to 48 installments, in 49 installments (in 4 years) double the initial deposit

 

10

Insurance Premium Saving

7.5%



 

11

Incentive Saving

7.5%