The savings made by the share members in order to purchase the shares of the organization according to their savings capacity will be called share savings. This savings amount will be mobilized for the capital formation of the share members who cannot deposit the share amount as prescribed in the organization.

Savings Limit: In this savings member can deposit the required amount to meet the specified share amount.

Return of savings: In order to increase the share capital required by the organization, the amount in the share savings account can be converted into share capital only.

Interest rate: The interest rate will be as mentioned in the list. Interest will be calculated on the basis of daily balance and interest will be entered in the respective account on quarterly basis.