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20 Kartik 2083, Friday
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Regular Monthly Savings

A compulsory regular savings account held for as long as membership continues.

Interest rate 7% p.a.
Minimum deposit / limit Minimum Rs 200 per month

Features

  • Compulsory while membership continues
  • 7% interest per annum
  • Counts towards loan eligibility

Withdrawal rules

The first withdrawal is possible after 5 years.
After that, a withdrawal is allowed every 3 years.

Penalty and notes

A Rs 5 penalty applies if the deposit is not made before the month ends.

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