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Product & Services


Saving Product

The bank has offered five types of saving products. The bank pays 8% interest in daily balance method to four kinds of saving. They are followings:

a) Monthly saving

Compulsorily, every member have to save Rs. 30/- monthly. This fund is refundable if the saving is more than Rs. 5,000/- for the purpose of illness, maternity and for social and educational work but the remain balance should be minimum Rs. 2000 in this saving account.

b) Disaster saving

At the time of taking General Loan, loanees have to save 5% of the total loan amount. This fund will be provided at the time of disaster cases like flood, landslide, fire, snakebite, earthquake, thunder etc. Otherwise, they can withdraw the first saving only after 5 years of the savings or if the balance is more than 3000 keeping the remain ballance Rs.1500 in the account.

c) Optional saving

It is a type of current account of the members. To open the account, Rs. 100/- is necessary for minimum balance. Through this account, the members can deposit and withdraw the amount from their account.This fund helps verymuch at the time of recovery of the loan. In this saving , member can save from Rs. 1 to 1000 in the monthly meeting or up to the remain loan amount of the member and if they desire to withdraw their saving, they can withdraw from Rs. 5 to 5,000 at the time of monthly meeting or in the given time by the office.

d) Unit fund

This fund is created for helping the members to make Unit house, to afford necessary materials for the meeting & training and to do the social welfare work. It is compulsory to save Rs. 5/- per unit member in this fund monthly.

e) Pension Saving

This is a kind of volunteer saving program only for the member introduced by CBB in order to secure the future of the member. Under this saving program, the member of this bank can save Rs. 50 or100 or 150, not more than 200. After nine years of the regular saving, the bank provides one and half amount, after 14 years double amount of the total saving and after sixteen years they get pension .


 
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