Kathmandu. Buddha Darshan Savings and Credit Cooperative Limited has returned the savings amount of 34 savers in the presence of the Kathmandu Metropolitan City Cooperative Department. The cooperative operating in Ward No. 6 of the metropolis today summoned 70 saver members who had saved up to Rs 150,000 to the department. <\/p>\n
Of the 34 people who were summoned, 34 withdrew their savings. According to Rabin Lama, vice-president of the cooperative, some savers did not come today after listening to others. We will ask them to take it back tomorrow as well. The cooperative plans to refund the amount to the savers who save up to Rs 5 lakh within the next one month. In the case of big savers, we are preparing to remind the borrowers in coordination with the Department of Cooperatives and return the savings of the savers, said Lama. <\/p>\n
Lama said that those saving less in cooperatives have deposited up to Rs 1,115 while those who save more have deposited up to Rs 8 million. The Department of Cooperatives is facilitating both the savings and loan recovery process. Dhruba Kumar Kafle, chief of the department, said about the facilitation process to be done for the return of the savable amount. We try to negotiate and negotiate between the directors of the organization and those seeking the return of savings. As per the decision request of the Board of Directors of the organization, we send messages and requests to the borrower to repay the loan through SMS, registry letter and public notice. \u2019<\/p>\n
This process starts from the ward. After submitting the application addressed to the ward chairperson, the process of discussion and reconciliation will be started through the ward women’s network. Kafle said that the Department of Legal Affairs will recommend if an application is received within the deadline in case of cheque bounce of cooperatives or cheque bounce of borrowers. If it is not resolved through ward level mediation, the department will try to reconcile. In this case, action is recommended if the director of the organization refuses to come in contact. If the borrower does not repay the loan, a recommendation will be sent to the concerned body for action. <\/p>\n
Through this process, the savings amount and loan are returned in lump sum or installment. In case of those who have closed the organization, those who have not come in contact are informed through SMS and letter and sent for action. As many as 726 cooperatives in Kathmandu Metropolitan City are in contact. A total of 1,186 organisations are out of contact.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. Buddha Darshan Savings and Credit Cooperative Limited has returned the savings amount of 34 savers in the presence of the Kathmandu Metropolitan City Cooperative Department. The cooperative operating in Ward No. 6 of the metropolis today summoned 70 saver members who had saved up to Rs 150,000 to the department. Of the 34 peopleContinue reading “Buddha Darshan Cooperative returns savings to 34 people in the presence of Department of Cooperatives”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":72791,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[108,147],"tags":[],"class_list":["post-72793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-breaking-second-en","category-samachar-en"],"acf":[],"jetpack_featured_media_url":"https:\/\/arthakhabar.com\/wp-content\/uploads\/2026\/05\/SAHAKARI-2.jpg","_links":{"self":[{"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/posts\/72793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/comments?post=72793"}],"version-history":[{"count":1,"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/posts\/72793\/revisions"}],"predecessor-version":[{"id":72794,"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/posts\/72793\/revisions\/72794"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/media\/72791"}],"wp:attachment":[{"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/media?parent=72793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/categories?post=72793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/tags?post=72793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}