• search
For Quick Alerts
For Daily Alerts

Dehradun's Mahila Bachat Bank provides help to needy women

By Super Admin

Dehradun, Mar 11 (ANI): For providing loans and other financial facilities to needy women, a group of women here in Uttarakhand have opened a bank named the Mahila Bachat (Women's Saving) Bank.

A group of women started the bank and put their savings here. They can even apply for loans at the bank.

The bank has made women here self-reliant. Some have even started their own ventures after taking loans.

"The aim of opening this bank was to provide an opportunity to those women who wanted to earn on their own. Usually, women undergo various forms of training to start their own venture, but due to a lack of funds, were unable to do so. So, we thought why not start our own bank? The bank holds meetings every month and deposits money. The money is then given to needy women," said Kiran Negi, the chairman of the bank.

Women having accounts in the bank said they were happy to save their hard-earned money.

"We are very happy with the bank. We get three times now than before," said Asha Pandey, an account holder.

The bank has already provided loans to 65 women, and at present has a fund of around Rs. 10 lakh. (ANI)

For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more