Saving Deposit

 Avatar Savings offers a wide range of deposit products that caters to your requirement. In order to expand community participation and to extend the program and the scope of the institute. To attract more community participation and social organizations, Avatar has been offering competitive interest rate and conducting the following program.

 1. Daily Saving :- To help the people who run daily income generating business to expand their business, this type program has been conducted.

• Can save the desired amount by staying at home or business spot
• Interest is offered quarterly on the saving
• Saved amount can easily be withdrawn from home or by visiting the office
• Minimum Rs.10 to be deposited daily and even more can be deposited
• After three months, loan can be obtained to expand business

   2. Monthly Saving:  According to the by-law of the institute, any citizen of 16 years of age living within the              jurisdiction of the institute can take part in this saving scheme.

• Saving at least Rs.100 monthly.
• Permitted to save more than the minimum amount.
• Compound interest to be offered quarterly on the saved amount.
• Entitle to the dividend offered by the institute.
• Can withdraw the saved amount anytime without any difficulty.
• After six months if membership, loan can be obtained for any work.

 3. Recurring Deposit:  According to the by-law of the institute, any citizen within the jurisdiction of the institute  can take part in this saving scheme.

• Saving at least Rs.100 daily, weekly or monthly.
• Permitted to save more than the minimum amount.
• Compound interest to be offered quarterly on the saved amount.
• Entitle to the dividend offered by the institute.
• Can withdraw the saved amount after the completion of account period.
• After six months if membership, loan can be obtained for any work.

4. Nari Bachat: To help the women who want save their money for future. This type program has been                       conducted.

• Can save the desired amount by staying at home
• Interest is offered quarterly on the saving
• Saved amount can easily be withdrawn from home or by visiting the office
• Minimum balance should be maintain Rs.2000 and even more can be deposited
• After three months, loan can be obtained to expand business or home agriculture purpose

 5. Old man and disable person saving:    To help the people who are disable by age and other reasons can save          their money . This type program  has been conducted.

• Can save the desired amount by staying at home
• Interest is offered monthly or quarterly on the saving
• Saved amount can easily be withdrawn from home or by visiting the office
• Minimum balance should be maintain Rs.2000 and even more can be deposited