Paper
Grameen II: Member Savings
What is the new approach to savings deposit?
2 pages
This document discusses how Grameen II has revolutionized the process of accepting deposit by providing its services not only to the members, but also to the general public.
The document describes the various characteristics associated with the different kinds of savings products offered by the Bank, some of which are:
- Personal savings account earning an interest of 8.5%;
- Special savings account earning an interest of 8.5%;
- Grameen pension savings paying an interest of 12% for a period of ten years;
- Credit-life insurance savings fund.
Further, the document focuses on two of its main schemes - the personal savings account and the Grameen pension savings scheme and tries to analyze the various aspects associated with the schemes.
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