Saving
Microfinance Savings Scheme
| Microfinance |
| Deposit |
Description |
int. Rate |
| Group Saving |
It has provision of Group saving Product to develop the regular saving habit of the members of microfinance program. Microfinance group member regular deposit the amount during the center meeting.
Features:
- Client can deposit the amount Rs.100 to Rs.1,000 as per the decision of the particular center.
- Withdraw after dropout from the centre.
- Mandatory for each monthly meeting.
- Usually deposit same amount.
|
5% |
| Personal Saving |
Microfinance members can voluntarily deposit small amount and withdraw as their need.
Features:
- Deposit as per the need.
- Withdraw facility as per wish.
- withdraw facility available in branch office as well as center meeting.
- Free cheque book available for withdraw.
|
6% |
|
Education and Pension Saving
|
This product developed to support the microfinance member to utilize the saved money in future for children education, to fulfill the financial need after retirement as well as infective situation.
Features:
- Client can Deposit Rs.100 to Rs.1000 (differentiate with Rs.100) as per the need in each meeting.
- Refund all amount including interest after drop out from group.
|
13% |
| Unit Fund Saving |
This product initiated to encourage the group member for co-existence of the group.
Features:
- Must maintain the account with deposit during first loan disbursement.
- At least 5% of disbursed loan amount should be deposited.
|
5% |
| Jeevan tatha Aawas Saving |
It's an insurance scheme. All members must deposit Rs.50/- yearly. amount will not refunded but it covers certain insurance facilities like pregnancy, fire caught allowances |
0 |
| UpkarKosh Saving |
This product initiated to manage the fund for center management such as to purchase chair, table and other stationary and stuffs for logistic support to conduct center meeting.
Features:
- Fund maintain with the penalty amount paid by staff and members who break the rules and regulation formed by centre.
- Center meeting decides the penalty amount to deposit on the fund.
- Applicable for all staffs and members who break the meeting rules.
- Fund amount utilize only for the activities related with group welfare.
|
5% |
| Housing Saving |
Microfinance member who take housing loan has to deposit 10% of Loan Principle Amount.
Features:
- Refundable with earning interest after housing loan settlement.
- withdraw facility provides from center meeting or branch office.
|
5% |
| Grihani Saving |
This product initiated for the microfinance member as Value-added scheme of Personal saving account.
Features:
- Fund maintain with the penalty amount paid by staff and members who break the rules and regulation formed by centre.
- Center meeting decides the penalty amount to deposit on the fund.
- Applicable for all staffs and members who break the meeting rules.
- Fund amount utilize only for the activities related with group welfare.
|
8.10% |
| FD |
3 Months
|
11.55% |
| FD |
6 Months
|
11.75% |
| FD |
1 Year
|
12.05% |
| FD |
2 Yesrs
|
12.25% |
| FD |
3 Years
|
12.55% |
