Micro Savings Scheme

Benefits Interest Rate Eligibility & Deposits

Affordable Savings for Everyone: Designed for low-income members, daily wage earners, and small vendors with a very low minimum deposit requirement.
Develops a Regular Saving Habit: Encourages members to save small amounts consistently, helping build long-term financial discipline.
Convenient Banking Services: Doorstep deposit collection facility may be available as per the society's policy, making saving easier and more accessible.
Gateway to Future Financial Growth: Helps build a savings record that can support eligibility for other financial products such as Recurring Deposits, Fixed Deposits, and loan schemes.

Attractive Returns: Earn 6% per annum on your savings.
Steady Growth: Your deposits grow securely with guaranteed returns at the applicable interest rate.
Safe & Secure Savings: Enjoy risk-free savings without exposure to market fluctuations.
Ideal for Small Savers: A simple and dependable way to build wealth through regular deposits.

Who Can Apply: Open to eligible members, including low-income individuals, daily wage earners, self-employed workers, street vendors, and small business owners.
Low Minimum Deposit: Start saving with a small and affordable deposit amount, making the scheme accessible to every income group.
Flexible Savings: Deposit amounts based on your convenience and financial capacity to encourage consistent saving.
Ideal For: Members looking to build an emergency fund, improve financial stability, and gradually progress to higher-value savings and investment schemes.