Saving Schemes

Sansthagat Bachat

Sansthagat Bachat will be the savings received from the organizations (business groups, business establishments, business firms, cooperatives, private educational organization, non-profit organizations etc.) operated for the purpose of conducting any kind of business and financial transactions.

Limit of Savings: In this savings, the association has to save minimum of Rs. 1000/-  or higher than Rs. 1000/-

Return of Savings: The minimum balance in the institutional savings account is fixed by mutual consent and the remaining amount can be withdrawn.

 Interest Rate: The minimum balance in the institutional savings account and the interest rate can be fixed by mutual consent. Interest will be calculated on the basis of daily balance and interest will be entered in the respective account on quarterly basis.

Facilities: The facilities provided in the institutional savings account can be determined by mutual consent.

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