The Savings account is meant for those individuals who have a habit of saving money from their earnings so that they can use it when they require. It is a transactional interest-bearing account wherein a deposit is placed with the Bank for an unspecified period, which can be withdrawn whenever required through different means.

 

Kumari Saving offers wide range of Savings Accounts as below:

 

A. SAVING SCHEMES

Kumari Co-operative is providing the following savings schemes to all our members.

 

B. GENERAL SAVINGS

This saving scheme A/c can be open with minimum deposit 100NPR on 5.5% -  6.5% Interest (monthly minimum balance) per annum. Interest is calculated on the basis of on Quarterly basis of Nepali Fiscal Year. We provide Cheque book & deposit passbook for free.

 

C. KUMARI SPECIAL SAVINGS

This saving scheme A/c can be open with minimum deposit 100NPR on 6.5% - 7.5% Interest (on daily basis) per annum. Interest is calculated as on Quarterly basis of Nepali Fiscal Year. We provide Cheque book & deposit passbook for free.

 

*Membership should be buy 5,000NPR share.

 

D. NARI SURKSHYA (Women Security) SAVINGS

This saving scheme is for female members to persuade and increasing the habit of savings for their financially secured future. This A/c can be enrolled with 1,000NPR on 6.5% Interest (on daily basis) per annum. Interest is calculated on Quarterly basis of Nepali Fiscal Year. We provide Cheque book & deposit passbook for free.

 

E. KUMARI SUPER SAVINGS A, B & C

 

Minimum Deposit Balance	Share Amount	Interest Rate
“A” 1,000NPR	5,000NPR	6.75% (on daily basis)
“B” 10,000NPR	10,000NPR	7.25 %( on daily basis)
“C” 15,000NPR	15,000NPR	7.5% (on daily basis)

 

Interest is calculated and deposited on Quarterly basis of Nepali Fiscal Year. We provide Cheque book & deposit passbook for free.

 

F. KUMARI GOLDEN SAVINGS A, B, C & D

 

Deposit Balance	Interest Rate
Rs.25,000 up to Rs. 4,99,999	6.5% (on Daily Balance)
Rs.5,00,001 up to Rs. 9,99,999	6.75% (on Daily Balance)
Rs.  10,00,001 up to Rs. 19,99,999	7.25% (on Daily Balance)
Rs. 20,00,001 up to Rs. 29,99,999	7.5% (on Daily Balance)
Rs. 30,00,001 up to Rs. 49,99,999	8.25% (on Daily Balance)
Rs. 50,00,001 up to Rs. 74,99,999	8.75% (on Daily Balance)
Rs. 75,00,000 up to Rs. 99,99,999	9.25% (on Daily Balance)
Rs. 1,00,00,00 up to Rs. 1,50,00,000	9.75% (on Daily Balance)
Rs. 1,50,00,001 up to Rs. 2,50,00,00	9.75% (on Daily Balance)
Rs 2.50 crore above	10.00% (on Daily Balance)

 

Interest is calculated and deposited on Quarterly basis of Nepali Fiscal Year. We provide Cheque book & deposit passbook for free.

 

G. KUMARI SUPREME SAVINGS

This specific saving scheme is for business holding members of KUSCCOOP for up to maximum return on deposits to their hard-earning money. This A/c can be open with minimum deposit amount 50,000NPR on 7.5% - 10.00% Interest (on daily basis) per annum where these A/c holding members must have share amount of 50,000NPR. We provide Cheque book, deposit passbook and A/c statement for free.

 

*ATM Cards can be requested at front desk of Head Office Chabahil, Mitrapark, Kathmandu, Nepal.

 

H. BUSINESS PLUS SAVINGS

This saving scheme A/c can be open with minimum amount of deposit 50,000NPR on 7.5% - 10.25% Interest (on daily basis) per annum.

 

*Ceiling at available deposit amount up to top limit. Interest is deposited on Quarterly basis of Nepali Fiscal Year. We provide Cheque book & deposit passbook for free.

 

I. KUMARI “DHAN BARSHA” REGULAR SAVINGS

 

J. MEMBER LIFE SECURITY SAVINGS

 

K. MEDICAL EXPENDITURE SAVINGS

 

L. INSURANCE SAVINGS

 

M. FARMER SAVINGS

This saving scheme A/c can be open with minimum amount of deposit 100NPR on 7.00% Interest (on daily basis) per annum.

 

N. LABOURS SAVINGS

This saving scheme A/c can be open with minimum amount of deposit 100NPR on 7.00% Interest (on daily basis) per annum.

 

O. SELF EMPLOYEMENT SAVINGS

This saving scheme A/c can be open with minimum amount of deposit 100NPR on 7.00% Interest (on daily basis) per annum.

P. YOUTH SAVINGS

This saving scheme A/c can be open with minimum amount of deposit 100NPR on 7.25% Interest (on daily basis) per annum.