The savings made by the senior citizen members of the organization to meet their needs in lump sum or quarterly daily or monthly will be called senior citizen savings.
Savings Limit: In this savings, the member can deposit a minimum of Rs. 500 or a lump sum of Rs. 10,000 to a maximum .
Period of Savings: The period of this savings will be 2 years.
Return of Savings: Members will be able to withdraw the entire amount after completing 1 year of saving.
Interest Rate, Bonus and Facility: The interest rate will be as mentioned in the list.