BACHAN

Saving & Credit Co-Operative Ltd.

Sushama Bachat Saving Account:

This product is design to provide a higher return on saving without having no lock fund. The customer has flexibility to deposit and withdrawn any amount of their total cash. So, it is a product targeted to those customers with high a amount of turnover.

Features:-

- Interest Rate - 10.00%

- Initial Minimum Balance - NRs. 1000/-

- Interest Credited Monthly

- Calculation Type - Daily Balance

- No Limitation On Deposit And but condition on Withdrawals

- Interest Credited upon Maturity from the Date of Opening, if the account holder deposited annual amount as the rules and regulations of the cooperative. 

- Free Statements and Pass Book upon request

- Free cheque book

- Free Insurance with insured amount NRs.100000

- Other benefits of this scheme for the shareholders

General Daily Saving Account: Shareholder Account:

This saving account can be only opened by the shareholders of our co-operative. Account shall be opened only in the name of individuals.

Features:-

- Interest Rate - 8.00%

- Minimum Balance - NRs. 500/-

- Interest Credited Quarterly

- Calculation Type - Daily Balance

- Free Statements and Pass Book upon request

- Free Cash Payment Bill (cheque)  book

Business Daily Saving Account:
This saving deposit is meant for those individuals business purpose that have the habit of saving hard earned money from their regular earning, so that they can use it when they required.

Features:-

- Interest Rate - 10%

- Minimum Balance - NRs. 25,000/-

- Interest Credited Quarterly

- Calculation Type - Daily Balance

- Weekly Withdrawals of NRs. 10,00,000/- of Amount Deposit

- Free Statements and Pass Book upon request

- Free Cash Payment Bill (cheque)  book


Bachan Special Saving Account:
This product is design to provide a higher return on saving without having no lock fund. The customer has flexibility to deposit and withdrawn any amount of their total cash. So, it is a product targeted to those customers with high a amount of turnover.

Features:-

- Interest Rate - 11.00%

- Minimum Balance - NRs. 25,000/-

- Interest Credited Quarterly

- Calculation Type - Daily Balance

- Limitation On Deposit with NRs. 2500000.00 And no limitation on Withdrawals

- Free Statements and Pass Book upon request

- Free Cash Payment Bill (cheque)  book

Bachan Super Special Saving Account:
This product is design to provide a higher return on saving without having no lock fund. The customer has flexibility to deposit and withdrawn any amount of their total cash. So, it is a product targeted to those customers with high a amount of turnover.

Features:-

- Interest Rate - 11.00%

- Minimum Balance - NRs. 50,000/-

- Interest Credited Monthly

- Calculation Type - Daily Balance

- Limitation On Deposit with NRs. 2500000.00 And no limitation on  Withdrawals

- Free Statements and Pass Book upon request

- Free Cash Payment Bill (cheque)  book


Children’s Saving Account:
This account enables parents who wish to deposit any amount in their children’s account that could be useful later in their life, such as to meet educational expenses and other. As children grow up and reach their age of 16, the deposited amount will be matured and is allowed to withdraw all of their principal and interest in total.

Features:-

- Interest Rate - 8.00%

- Minimum Balance - NRs. 500/-

- Calculation Type - Daily Balance

- Deposit Limitation - Minimum NRs. 500/- Monthly

- Free Statements and Pass Book upon request

- Free B’day Cake For The Account Holders (Minor)

- No any charge for the opening of account for the minor


Grihani Saving Account:
This account is design to encourage the saving habits of married woman. The minimum balance is very low to open account whenever they wish.

Features:-

- Interest Rate -10 %

- Minimum Balance - NRs. 5000/-

- Interest Credited Upon Maturity From The Date Of Opening

- Calculation Type - Daily Balance

- No Withdrawals Before Maturity

- Free Statements and Pass Book upon request

- On Anniversary Cakes Will Be Provided


Bachan  Jestha Nagarik Saving Account:
This account can be opened only for those Nepalese Citizens who are of age above or equal to 55 years. It is also to provide special requirement of senior citizens of the country.

Features:-

- Interest Rate - 10 %

- Minimum Balance - NRs. 5000/-

- Interest Credited - Monthly

- Calculation Type - Daily Balance

- No Withdrawals Before Maturity

- Free Statements and Pass Book upon request

- On Anniversary Cakes Will Be Provided

- Free Cash Payment Bill (cheque)  book

Periodic as Fixed Saving Account:
This saving account is opened by any customers who can deposit any amount of fund in their account. The amount can be saved by one’s self in Daily, Weekly and Monthly bases. After the completion of assured duration, the total deposit of amount can be withdrawal and will get and principal and interest in total.

Duration

Annual Interest

3 months

12.00 %

6 months

13.00 %

1 year

14.00 %

2 year

15 %

3 year

16.00 %