Savings |
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S.N. |
Saving
Name |
Interest
Rate |
Features |
1 |
Group Saving |
7.5% |
For
Regular Saving, Member should deposit Saving in Every Center Meeting |
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2 |
Individual Saving |
7.5% |
Can
be deposited/Withdrawn according to needs. |
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3 |
Festival Saving |
7.5% |
Saving
should be performed at once or in installment basis for Festivals. |
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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Lakh could be withdrawn. |
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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. |
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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% |