|S.NO||Name||Interest Rate (Quarterly)||Product Feature|
|1||Personal Saving||4%||Member May deposit and Withdraw any amount in center meeting or Office. Minimum Balance should be Rs. 300|
|2||Group Fund Saving||3%||Member Should deposit NRP 50 in Fortnightly or NPR 100 in Monthly meeting.|
|4||Life Saving||Scheme Based||New account cannot be opened but Old Member may deposit up to NPR 500 fortnightly and NPR 1000 Monthly. Member get amount based on scheme.|
|4||Sambridhi bachhat||6%||Member May deposit and Withdraw any amount in center meeting or Office. Minimum Balance should be Rs. 500|
Nerude is providing insurance product that address client's needs for risk management in addition to its saving and credit products. Nerude clients are highly vulnerable to economic shocks caused by events such as death of family member, pregnancy destruction of valuable assets or a disabling injury etc.
- Livestock Insurance:
Nerude has linked up with a local agency (Deposit and Credit Gaurantee Corporation) to provide this service. When clients take out a loan for livestock, they pay 2.5% for up to 75 thousands and above 75 thousand respectively, of the value to the agency. If the animal dies and it is verified by a veterinary official, the agency pays the 90 percent of the loan.
- Client Protection Fund
1. This fund operation With Loan compensates in the death of member the member will get maximum Rs. 10000 . in the case of guardian's death, the member will get maximum Rs. 10000 & in the case of member's house completely destroyed by fire, the member can get up to Rs. 4000. in the case of member Got child member can get up to Rs. 1000 For son and 1500 For Daughter up to two Child . In case of Snake bite member get Up to Rs.2000 with the prove of hospital discharge card and medicine bill.
- 2. This fund operation Without Loan compensates, if the total saving is Rs. 7000 then death the member, the member's guardian's will get maximum Rs. 4000 .
Under this service the family members working abroad can send money of their relatives in Nepal through Western Union Money Transfer, Prabhu Money Transfer, Himal Remit, Money Gram etc. Member's and non-member's both have access to this service.