Compulsory Saving Scheme

Secure your future, one step at a time. A small, consistent saving for a brighter tomorrow.

Compulsory savings rules

Compulsory savings will be Rs. 500/- per month

  • After becoming a member, a compulsory savings account is opened with the member number. There is no need for the member to open a separate compulsory savings account separately.
  • The compulsory savings amount will be calculated at the end of the financial year and will be paid in cash or bank account from the wages in the general meeting. Currently, 8.5 percent interest is given. The interest will be calculated on an annual basis.
  • Annual interest will be paid on the compulsory savings amount. The date of which will be informed to the members.
  • Interest will be paid on the balance on the savings account as on the 10th of that month or the balance at the end of the month, whichever is lower.

Benefits of Saving with Us

Build Financial Discipline

Regular monthly savings help instill a strong habit of financial discipline, securing your future.

Earn Attractive Interest

Your savings don't just sit idle. They grow with an attractive annual interest rate, paid out to members.

Eligibility for Member Benefits

Consistent savings make you eligible for various member-exclusive benefits, including preferential loan terms.

Start Your Savings Journey Today!

Join our society to start benefiting from the compulsory saving scheme and secure your financial future.

Become a Member