Regular Savings Deposits in a cooperative provide members with a secure and convenient way to grow their funds while maintaining easy access to their money. Members can deposit andwithdraw anytime, making it a flexible option for daily financial needs. Unlike fixed-term deposits, regular savings accounts allow continuous transactions while still earning interest over time. This type of deposit encourages financial discipline and stability, while also contributing to the cooperative’s overall financial health. By saving regularly, members not only secure their future but also support the cooperative’s ability to provide loans and other financial benefits.Read the Report
Time Deposits allow members to set aside funds for a fixed six-month term, renewable every six months thereafter. The updated rates take effect on March 24, 2026; existing placements receive the updated rates upon their next renewal. Only the principal is renewed, while interest earned is paid out separately.
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