Savings
Savings Scheme – Cultivating a Secure Financial Future
At Vama Vishwa Co-operative Credit & Supply Society, we encourage individuals and families to build financial stability through our Monthly Savings Scheme—a simple and secure way to accumulate funds for future needs.
Understanding the Difference: Saving vs. Savings
Though often used interchangeably, there is a subtle yet important difference between saving and savings:
- Saving refers to the act or process of setting aside a portion of income rather than spending it. It is a continuous action and is considered a flow variable.
- Savings, on the other hand, refers to the accumulated money or assets that have been saved over time. It is a stock variable, measured at a specific point in time.
Even professional economists may use these terms loosely, but at Vama Vishwa, we understand the importance of both the habit of saving and the value of accumulated savings.
Vama Vishwa Monthly Savings Scheme
Our Monthly Savings Scheme is tailored to meet the needs of low-income individuals, daily wage earners, and small vendors who wish to develop consistent saving habits and create a financial cushion for future needs.
Key Features:
- Monthly Contribution
- Start with a minimum of just Rs. 100 per person
- Flexible contributions allowed based on your capacity to save
- Attractive Yearly Interest
- Earn a competitive interest rate on your savings
- To know the current annual interest rate, please contact us via Call or WhatsApp on the official mobile number
- Accessible to All
- No complex paperwork or formalities
- Available to members from both rural and urban communities
- Safe & Transparent
- Regular passbook updates and account tracking
- Transparent policies with no hidden charges
Why Save with Vama Vishwa?
- Encourage long-term financial discipline
- Build a habit of monthly contributions
- Access future loan benefits (linked to savings history)
- Trusted community-based institution with 20+ years of service
- Personalized support and doorstep service in select areas
Start your journey toward financial security today.
Small savings today, a secured tomorrow.
For any queries or to enroll, reach out to our team via Call / WhatsApp on the official number.