"We may be poor, but we are so many. Why don't we start a bank of our own ? Our own women's bank, where we are treated with the respect and service that we deserve."
- Chandaben, old clothes seller,
Founder - member, SEWA Bank
"How many times do we need to prove that poor women are bankable?"
In this scheme, deposit installments of Rs.200/- for 5 years and get the interest as follows. Under this scheme there will be lucky draw every year for regular account holders for 5 years. The lucky draw winner will get an attractive gift which will be helpful for marriage purpose. Those lucky winners who do not want to avail the gift, will get the same amount of fixed deposits for five years.
Key Features:
In this scheme, Rs. 200 has to be deposited by the member, for 5 years, And the amount mentioned below with interest will be given to him/her.
Every year there will be a draw for 5 years. The prizewinner can collect a gift article which can be useful for a marriage.
If the member does not want the item, then he will get a fixed deposit equal to the amount of the gift article.
Rs.
Months
Amount on Maturity Date
200
60
14,773
400
60
29,546
600
60
44,319
*As per RBI Rules and Regulations Bank's Board Of Directors has a right to change the scheme in Future
