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| Withdrawn: | Member can withdrawn for use of center management at joint signature of member.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. |