Vehicle Saving
7% per year
Rates and terms
- Interest
- 7% per year
- Minimum saving (rate sheet)
- Rs 5,000
- Name on the rate sheet
- सवारी साधन बचत
- Effective from
- 2083 Bhadra 11
Interest rates are set by the board and can change. Confirm the current rate at your service center before opening an account. Since 2082 Magh 1, no cash transaction can be above Rs 5 lakh at one time: for larger amounts, use a cheque or a digital channel through a bank or financial institution.
How to open a saving account
- 1
Bring the member application form, copies of your citizenship certificate and national identity card, 4 recent photos and proof that you live in our working area, such as a migration certificate or voter ID card.
- 2
Pay the opening amounts, Rs 800 in all, which include one share of Rs 100. There is no membership fee.
- 3
Your membership is granted after the board meeting.
- 4
Choose your saving scheme and open the account with its application form, a copy of your passbook or member ID card and a specimen signature card. It opens at once, with no fee.
Who can join
- Aged 16 or over
- Living permanently in our working area
- Willing to follow the cooperative’s bylaws
- Saving regularly, as you are able
- Buying at least 1 share
Children under 16
- Join as a Bal Khutruke member, with a guardian who is a share member
- Bring a copy of the birth registration, 2 recent photos and a copy of the guardian’s citizenship certificate
- Savings are for deposit only and cannot be withdrawn before the child turns 16
Opening amounts
- Entry fee
- Rs 50
- Membership fee
- None
- One share, compulsory
- Rs 100
- Regular saving, at least
- Rs 200
- Member health and relief fund
- Rs 200
- Jagedakosh (reserve fund)
- Rs 150
- General saving
- Rs 100
From the cooperative’s citizen charter (वडापत्र) and notes on what members should know.
Ready to become a member?
Visit any of our 9 offices in Kavre, or download the member application form and bring it with your citizenship certificate.