Saving / Fund

MKLB has strategy to mobilize maximum amount of savings from its clients. It will encourage its clients to save so that capital can be created internally to meet their needs in the long run. MKLB has following saving / deposit collection schemes.

Group fund Saving:

It is a saving product designed to promote saving habit of the member clients. clients are motivated to deposit saving amount during the centre meeting , however they can deposit their savings at branch office during office hours.

personal Saving:

Personal saving is the voluntary saving product offered to all the member clients. Any amount can be deposited under this saving product by the member clients. This product helps the member clients to improve their saving habit and can withdraw the amount in any center meetings.

Pension Saving:

Pension Saving is also one of the optional savings. Members are supposed to deposit certain amount as their pension saving in their every center meeting. Member Clients are offered to have doubled amount of their deposit under this saving product after the completion of 15 years of their savings. If members are ready to continue this saving, their matured amount will be held and their monthly deposited amount will be paid back every month as a penson amount. and the held such a doubled amount can be released at any time clients prefer to quit this scheme This product basically helps to have certain amount of saving to the member clients at the time of their dependable age. As per NRB regulations, new clients can not entertain this scheme.

Golden Saving:

This product is desined for the depositers who want to yield high interest from savings. This is a kind of timebound deposit. This scheme is postponed for new depositors as per NRB directives.

Special saving:

This is also voluntary and timebound saving designed with high interest rate for maximum 3 years.This scheme is postponed for new depositors as per NRB directives.

Education saving:

This is designed to inspire members to deposit certain amount so as they can deposit sufficient amount to bear for their childrens' higher education or vocational education. The term of deposit is 5 years.This scheme is postponed for new depositors as per NRB directives.

Centre Fund:

Center Fund Saving is a saving product desined for the welfare of the clients associated with the centre. Certain amount determined by the centre is to be deposited on the centre meeting day. This fund can be used by the center for center building construction,for furniture to be used in center or other social activities. But it can be released by central office on the recomentdation of center members and branch authorities.