Kissan Bachat Account

Micro Saving Account

  • This Savings Account has been designed to address the needs of the small farmers who are the members of Community Organizations and want to maintain an individual account instead of Tanzeem Bachat Account.
  • This account offers a reasonable profit rate and encourages compulsory saving.
  • This account is primarily focused towards customers who need to transact more frequently, such as Farmers, Urban Low-Middle Income persons, Rural Salaried and Self Employed people, and Small Business Entities etc.

Product Features

Account Type Profit Bearing Saving Account
Eligibility Members of all eligible CO’s of NRSP MFBL
Account Opening Requirement Rs. 50/-
Minimum Balance Requirement As per lien marked on the loan amount
Profit Payout Interval Half Yearly
Rates 5.50% P.A (On Minimum Monthly Balance)