Voluntary Savings Account Overview

Voluntary Savings

Product Overview

The Voluntary Savings Account is a flexible savings product designed for members who wish to save additional funds beyond any regular or compulsory savings requirements. It enables members to build financial reserves at their own pace while earning a competitive

return on their deposits. This product is suitable for members planning future investments, business expansion, education expenses, home improvements, or other long-term financial goals. Members may make deposits at any time through authorized collection channels or branch offices, subject to the Foundation’s operational procedures. The Voluntary Savings Account offers an annual interest rate of 7.00%, calculated and credited in accordance with the Foundation’s approved Savings Policy and applicable

regulatory requirements.

Objectives

• Encourage members to save additional funds voluntarily.
• Promote disciplined financial planning and wealth accumulation.
• Support future investments and business development.
• Strengthen members’ financial resilience and self-reliance.
• Provide a secure and accessible savings facility.

Key Features

• Annual Interest Rate: 7.00% per annum
• Flexible deposits with no fixed savings schedule.
• Withdrawals permitted in accordance with the Foundation’s Savings Policy.
• Secure management of member deposits.
• Passbook and MIS-based transaction recording.
• Transparent product terms and conditions.
• Available to all eligible registered members of Prothik Agrajatra Foundation.

Eligibility

The Voluntary Savings Account is available to registered members of Prothik Agrajatra Foundation who have completed the required membership registration and Know Your

Customer (KYC) procedures.

Deposits Members may deposit any amount equal to or above the minimum amount approved by the Foundation. Additional deposits may be made at any time during the life of the

account.

Withdrawals Members may withdraw available savings at any time, subject to the Foundation’s withdrawal procedures, identity verification, and any applicable product conditions.

Interest Calculation Interest shall accrue at 7.00% per annum on the eligible savings balance and shall be calculated and credited according to the Foundation’s Board-approved methodology and applicable regulatory requirements.

Benefits

• Encourages additional voluntary savings.
• Helps members accumulate funds for future financial goals.
• Provides flexibility to deposit and withdraw funds.
• Offers competitive returns on savings.
• Enhances household financial security and resilience.
• Supports long-term financial independence.