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Kendra Bachat

Kendra Bachat khata can be opened by the member of Bank. Account shall be opened only in the name of center.


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Withdrawn: Member can withdrawn for use of center management at joint signature of member.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