Compulsory Saving


 

Monthly Saving

Eligibility: All group members

Minimum Monthly Saving Amount: NRs. 200  

Maximum Monthly Saving Amount: 1000 

Withdrawal Amount: All group member have to compulsory deposit Rs 200 monthly one day prior of meeting day till they become group member. Members can withdraw amount if the saving balance exceeds NRs 5,000. They are eligible to withdraw balance by maintaining a minimum balance of NRs. 2000. 

Interest Rate: 7.5% to 8%

Note:  8% annual intrest on deposit more than minimum balance of 30,000