Regular Saving

5% to 12% per year

Mandatory saving, deposited every month, that builds the habit of saving regularly. Deposit at any service center, the head office or with our marketing representatives. You can withdraw 50% after 5 years. A month’s deposit can be made until the 5th of the next month; after that, a late fee of Rs 5 a month is charged.

Rates and terms

Interest: 5% per year
Interest, 10-year scheme: 10% per year
Interest, 15-year scheme: 11% per year
Interest, over 15 years: 12% per year
Minimum saving (rate sheet): Rs 100
Name on the rate sheet: नियमित बचत योजना
Effective from: 2083 Bhadra 11

Interest rate notice, effective from 2083 Bhadra 11

Interest rates are set by the board and can change. Confirm the current rate at your service center before opening an account. Since 2082 Magh 1, no cash transaction can be above Rs 5 lakh at one time: for larger amounts, use a cheque or a digital channel through a bank or financial institution.

How to open a saving account

1
Bring the member application form, copies of your citizenship certificate and national identity card, 4 recent photos and proof that you live in our working area, such as a migration certificate or voter ID card.
2
Pay the opening amounts, Rs 800 in all, which include one share of Rs 100. There is no membership fee.
3
Your membership is granted after the board meeting.
4
Choose your saving scheme and open the account with its application form, a copy of your passbook or member ID card and a specimen signature card. It opens at once, with no fee.

Who can join

Aged 16 or over
Living permanently in our working area
Willing to follow the cooperative’s bylaws
Saving regularly, as you are able
Buying at least 1 share

Children under 16

Join as a Bal Khutruke member, with a guardian who is a share member
Bring a copy of the birth registration, 2 recent photos and a copy of the guardian’s citizenship certificate
Savings are for deposit only and cannot be withdrawn before the child turns 16

Opening amounts

Entry fee: Rs 50
Membership fee: None
One share, compulsory: Rs 100
Regular saving, at least: Rs 200
Member health and relief fund: Rs 200
Jagedakosh (reserve fund): Rs 150
General saving: Rs 100

From the cooperative’s citizen charter (वडापत्र) and notes on what members should know.

Saving Account Opening Form Find your nearest office

Ready to become a member?

Visit any of our 9 offices in Kavre, or download the member application form and bring it with your citizenship certificate.

Member application form Find an office