VLBS has several saving products and schemes to encourage members to save money for the future. The following are the saving products that VLBS is offering now.

  • Compulsory Savings – This is compulsory in nature and every member of the group has to deposit regularly. The amount is Rs. 100/Month at a minimum and the group can decided if they want to deposit more.  6% interest is provided on this savings scheme.
     
  • Voluntary Savings – This scheme is voluntary in nature and every member can deposit as and when they want. This amount can be withdrawn as per the depositor’s desire and need. 5 % interest is provided on this savings scheme.
     
  • Group Savings – This is also a mandatory saving scheme and group will be the owner of the money. Every member of the group has to deposit Rs 5/Month and VLBS provides similar amount as its contribution to the groups. 5% interest is provided for this saving.
     
  • Vijaya Jeevan Aadhar Bachat – It is a kind of recurring and longer period deposit scheme.  Members can deposit equal amount either Rs. 300 or Rs 500 regularly on monthly basis. The maturity periods set for the scheme is 5 Years, 7 Years, 10 Years and 13 Years. The interest rate ranges from 8.5% to nearly 10%.