Kendra Bachat
Kendra Bachat khata can be opened by the member of Bank. Account shall be opened only in the name of center.
Feature:
Account Name: | Kendra Bachat |
Account Type: | Saving as basket fund (Mandatory) |
Interest Rate: | 8.00% P.a. |
Minimum Balance: | 1,000/- |
Interest credited: | Quarterly |
Calculation Type: | Daily balance |
Deposit: | Minimum NRs. 5 per member per center meeting. |
Withdrawn: | Member can withdrawn for use of center management at joint signature of member. |
Account Close: | At the time of center dissolve. |