Partner Organization
- Upcoming Branches
Date: 01 Apr, 2011 - Right Share Issued
Date: 01 Apr, 2011 - Computerization process on bank
Date: 25 Mar, 2011 - New Branch at Musikot
Date: 10 Mar, 2011 - We are becoming a national level bank
Date: 08 Jan, 2011
Womens in the Mid Mestern Rural Areas
Many deprived womens in the mid western rural areas have gained ecomomic as well as finanical support from the bank itself. It has helped in generating the income generating activities to those depriv...
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Savings
MPGBBL offers three types of saving products.
Group Fund Savings:
In every center meeting certain amount of money is collected from each member. Borrowers are obliged to deposit 5% of the credit amount as group fund savings. The members of the group savings could utilize fifty percent for the loan purposes. The members manage the group savings loan. It will be disbursed for medical, emergency etc.
Voluntary Savings:
MPGBBL members can deposit their voluntary savings as personal savings by opening individual accounts. They can deposit any amount in this saving and withdraw any amount from the savings whenever they want. Interest is calculated every six months on the minimum balance.
- Balmamata Saving
- Individual Saving
- Staff Saving
- Special Saving
Emergency fund is collected from the members in order to compensate the damage of the memberís residential house caused by natural calamities and death of the member. The emergency fund is collected on the general loan basis. This scheme has been made compulsory to the members.