Child Welfare Saving

(A)  This is a voluntary plan for members who are thinking of their child’s secure future.
(B)  Members will be able to save money any time they want.
(C)  Yearly savings plan prescribed by the Board will be provided in terms of interest.
(D)  Until the  age of sixteen, the child is eligible for the plan.
(E)  Passbook savings scheme will be made available for free.
(F)  One can extract 60% of savings after the period exceeding one-third of maturity date.
(G)  Extracted amount will be calculated directly by subtracting from savings account. No entry fee.