Microfinance Saving Products

  Mahila Sahakari Sanstha Limited.

The types of deposits and their interest rate of micro finance are as follows:-

S.N Saving Name Interest Rate Features
1 Group Saving 7.5%

For Regular Saving, member should deposit saving in every center meeting.

2 Personal Saving 7.5%

Can be deposited/ withdrawn according to needs.

3 Children Higher Education Saving 7.5%

The member deposits a certain amount regularly every month until the child passes SEE exam.

4 Center Fund Saving 7.5%

Collected amount by donations or other group income, penalty / fine by the center etc.

5

House Wife Saving

(a) 9 Year House Wife Saving 7.5%

After the expiry of 9 years, 50% of savings is given to members as interest. After the expiry of 13  years, 100% of savings is given to members as interest. After the expiry of 15  years, 100% of savings is given to members as interest.

(b)

13 Year House Wife Saving

15.29%  
(c)

15 Year House Wife Saving

13.26%  
(d)

House Wife Saving-2

14.95%

After the expiry of 8  years, 100% of savings is given to members as interest after TDS.