Optional Savings

Optional Saving

In this type of saving account, members are able to withdraw or deposit amount on need basis.  

Eligibility: All Chhimek members

Minimum Saving Amount: NRs200 

Interest Rate: 7.5% 

Pewa Saving

In this type of saving account, members can deposit their other personal earnings such as pewa, gift, present, etc. without the knowledge of other members in their respective centers. They are eligible to withdraw or deposit balance on need basis.  

Eligibility: All group members

Interest Rates:

For members having average amount Rs 100 to Rs 2,00,000 montly, the interest rate is 7.5%

For members having average amount  above Rs 2,00,000 montly, the interest rate is 9%

Samayojan Saving

The amount deposited or withdrawn by members are routed through this account. 

Eligibility: All group members

Minimum Saving Amount: - 

Interest Rate: 7.5%

Note: This is only a parking account from which the amount are transferred to/from other accounts for intended purpose such as EMI payment, recurring savings, cash withdrawn, etc.

Pension Savings

Eligibility: All Chhimek members.

Minimum Monthly Saving Amount: 50

Maximum Monthly Saving Amount: 5000 

Interest Rate: 8.5% to 10.5% 

Refund

• 1.5 times of saving amount if recurrent monthly pension is for 9 years
• 2 times of saving amount if recurrent monthly pension is for 14 years

Note:Pension saving is closed for new members.

Bishistha Sadasya Bachat

In this type of account members can deposit and withdraw amount on need basis.

Eligibility:

1. Members who have completed their pension saving period, or

2. Members who have continuously save for the past 20 years, or

3. Members having age over 70 years

Interest Rate:

1. 10.5 percent on the amount equal to from minimum savings to pension matured. 

2. 7.5 percent on savings amount less than the minimum pension savings.

Minimum Saving Amount: 25,000 or amount received after pension saving account  closed, whichever is lower

Note: Members can deposit from any branch of Chhimek with free of cost

Baal Bhawisya Bachat

Members having this account will be able to deposit or withdraw amount on need basis. This saving account is opened for the purpose of the bright future of the children i.e. for higher education, health, self-employment etc. 

Eligibility:

1. Account open child must be from single family of chhimek member.

2. Members must submit the birth certificate of the child 

Interest Rate: 9%   

Minimum Saving Amount: 500

Note: Members can deposit from any branch of Chhimek with free of cost