Savings

A STEP TOWARD A SECURE FUTURE

Member-first savings products designed to reward disciplined thrift.

Mere Apne Fincare Co-operative Urban Thrift & Credit Society Limited promotes regular savings among members with transparent returns and simple documentation.

Student Special

Baalbachat Savings Account

A dedicated savings account for students to build the habit of thrift early, with zero balance requirement and 6% interest credited on savings.

Interest Rate

6% p.a.

On Baalbachat savings balance as per applicable rules.

Minimum Balance

₹0

Zero balance facility to encourage consistent deposits.

Reward for Merit

Surprise gifts

Eligible for students scoring 95%+ as per scheme terms.

Key Benefits

  • Easy withdrawals for education and urgent student expenses as per society rules.
  • Regular deposit habit-building for children under the guidance of parents/guardians.
  • Linked to society membership, enabling access to future savings and credit products.

Documents Required

  • Aadhaar Card of student and parent/guardian
  • PAN Card (where applicable as per rules)
  • School ID card / latest fee receipt
  • Additional KYC / forms may be required as per society policy.

Standard Savings

Regular Member Savings Account

Member savings account offering 6% interest on deposits, subject to applicable terms notified by the society.

Indicative Rate: 6% p.a.Linked with active membership

All savings products are available only to registered members of Mere Apne Fincare Co-operative Urban Thrift & Credit Society Limited. Interest rates and features are subject to change in line with approved society policies.