Youth Savings Scheme

The Youth Savings Scheme offered by Navodyama Arthika Souharda Sahakari Sangha Niyamita is specially designed to encourage young individuals to develop healthy financial habits and build a secure future through systematic savings. Whether you are a student, a young professional, or someone starting your financial journey, this scheme provides a safe and rewarding way to save money while earning attractive returns.

By promoting disciplined saving from an early age, the Youth Savings Scheme helps members achieve important life goals such as higher education, skill development, starting a business, purchasing a vehicle, building an emergency fund, or making their first investment. With flexible deposits, attractive interest, and the security of a trusted cooperative institution, this scheme empowers the younger generation to become financially independent.

Scheme Features Benefits Ideal For Why?
  • Attractive interest rate as per the Society's prevailing policy
  • Designed for youth and young professionals
  • Low minimum deposit amount
  • Flexible monthly or periodic deposit options
  • Safe and secure savings with assured returns
  • Flexible tenure options
  • Nomination facility available
  • Loan facility against eligible deposits (as per Society rules)
  • Easy account opening process
  • Online and branch assistance available

Start Saving Early
Develop a lifelong habit of saving and financial planning from a young age.

Financial Independence
Build a strong financial foundation for future goals without relying on debt.

Attractive Returns
Earn competitive interest on your savings while keeping your money secure.

Save confidently for:

  • Higher Education
  • Professional Courses & Certifications
  • Business Start-up
  • Vehicle Purchase
  • Travel & Vacations
  • Emergency Fund
  • Marriage Planning
  • Long-term Investments

Safe & Secure Investment
Your savings are protected from market volatility and grow with assured returns.

Flexible Contributions
Deposit amounts based on your financial capacity and savings goals.

The Youth Savings Scheme is ideal for:

  • Students (18 years and above)
  • College Students
  • Young Professionals
  • First-Time Earners
  • Entrepreneurs
  • Self-Employed Youth
  • Young Members of the Society
  • Encourages disciplined savings from an early age
  • Affordable minimum deposit amount
  • Attractive interest earnings
  • Safe and secure investment
  • Flexible savings options
  • Member-friendly services
  • Trusted cooperative institution
  • Supports long-term financial growth

Documents Required

  • Membership ID (where applicable)
  • Aadhaar Card
  • PAN Card (if applicable)
  • Passport-size Photograph
  • Address Proof
  • Mobile Number
  • Student ID or Employment Proof (if applicable)
  • Nomination Details