Cosmic Saving and Credit Co-operative

Nepal Government (Estd. under co-operative act, 2048) Regd. no. 566/056/57


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Types of Saving/Deposit:

There are 4 types of saving deposit.

a. General Deposit
b. Limit Periodic Deposit
c. Fixed Deposit
d. Special Deposit

This Co-operative's interest rates in various deposits are as follows:

a. General Deposit:

Co-operative provides 6% interest in this deposit. General Deposit means regular or daily, weekly or monthly deposits. Mentioned interest rate is annually.

b. Limit Periodic Deposit:

Limit Periodic Deposit means to deposit for limited time like 1 year, 2 years, 3 years, 4 years and 5 years. Each period has different interest rate. It has 8% to 10% interest rate, which has been mentioned below.

SN Period Annually Interest Rate

1. 1 year 8.00%

2. 2 years 8.50%

3. 3 years 9.00%

4. 4 years 9.50%

5. 5 years 10.00%

c. Fixed Deposit:

Co-operative provides various interest rates in this deposit. In Fixed Deposit, clients or depositors can get interests after 6 months depositing. If circumstances are created, clients or depositors may get interests earlier than this.

SN Period 6/6 months 1/1 year In total

1. 1 year 10.50% 10.75% 10.75%

2. 2 years 10.75% 11.00% 11.50%

3. 3 years 11.00% 11.25% 12.00%

4. 4 years 11.25% 11.50% 12.50%

5. 5 years 11.50% 11.75% 13.00%

d. Special Deposit:

In this deposit, co-operative provides 7.0% interest. This is annually interest rate. Special Deposit means to deposit for children, orphans, and disabled persons by their parents or by themselves in this title.