Saving service

Saving is a portion of disposable income not spent on consumption of goods but accumulated or invested for the betterment in future by getting unlimited services presently. In today's financial competitive world, we are providing very attractive and effective saving schemes with high interest rates.

Making saving money a habit is hard but it does not have to be. You can take your willpower out of the equation by setting up daily, weekly or monthly deposits. We have several types of saving accounts for you.

Pragyan Special Saving - 10% interest on daily balance

The minimum balance for this type of scheme will be Rs. 10,000.An interest rate of 10% will be provided in daily basis. The interest amount will be credited every 3 months. This type of account can be opened free of cost. The account holders will be provided with cheque book and pass book free of cost.

General saving - 9% interest

This account can be started with Rs. 200. The account holder under this scheme will be provided with 9% interest rate per annum. The interest amount will be credited every 3 months. The account holders will be provided with cheque book and pass book absolutely free of cost.

Child saving - 10% - 15% interest

This type of account can be opened in the name of children below 16 years of age. The children will be given a special gift on their birthday. Conditions apply.

Don't save what is left after spending, But spend what is left after Savings.

Warren Buffett

Future secure saving

This account can be started with Rs. 1000. The account holder under this scheme will be provided with interest on the date of maturity. The term of this saving 5 years to 20 years.

Periodic saving

This account can be started with Rs. 500.

Recurring deposit is scheduled for 42 months. Depositor will get handsome amount after the maturity. For example:

P.M Deposit	After Maturity
1000	51000
2000	102000
3000	153000
4000	204000
5000	255000

Note: Tax liability will be paid by Co-operative.

Fixed saving

This account can be opened with minimum NRs. 5,000/- balance only for minimum 6 months duration upto variable time period. Loan can be issued against the deposit receipt in case of cash required before maturity with only extra 2% more. Negotiable & attractive interest rates. Interest Rates according to the duration on deposite.

Time duration	Interest rate
6 months	11% - 13%
1 year	13% - 14%
2 years	15%
3 years	15.5%
5 years	Double

Note: Tax liability will be paid by Co-operative.