Savings Products:

JRDM considers saving as an important component for microfinance program. Because microcredit borrowers can use savings to overcome the odds or unfavorable conditions by using the saved money. So JRDM has given utmost priority to savings of the members. Generally all the members of NGO/MFIs have to save regularly on a weekly basis. But they are, in most cases, not allowed to withdraw the deposited savings. So savings become very useful for the borrowers in their rainy days.

JRDM has been successfully operating both the mandatory and voluntary savings programs. This programs also assist the organization as savings are also used as the revolving loan fund.

Mandatory Savings:

There are different amounts of savings for different loan component of JRDM. Members of Buniad loan component and Jagoron, ENRICH-IGA loan & Agrosor loan component have to save Tk. 20 and 30 & 50 respectively each in a week. All loan program has 10% savings obligation of each loan disbursed to the clients.

Voluntary Savings:  

In voluntary savings, members can also save small amount according to their respective ability. They can withdraw up to Tk. 500 in their weekly group meeting. In the case of withdrawing above of this amount, they have to go to the branch office.

JMDS Savings:  

Joypurhat Monthly deposit scheme is an voluntary savings. There are different amounts of savings for members Monthly payment system 100 to 5000 taka can also save according to their respective ability.