pigmy DEPOSIT
About Saving Account
- Daily Deposit – A Unique saving schemes for daily income earners
- A unique savings scheme wherein, the daily income earners can park their surplus funds with attractive returns.
- We understand our customers that they are busy with their works and don’t have time to a bank to deposit money or make a saving. We have area wise agent to collect the pigmy amount on daily basis.
Features & Benefits
- A Pigmy Deposit A/c may be opened by any person, individual, and company
- Daily or regular deposit.
- Our representative will come to your doorsteps
- Our representative will collect the pre-fixed amount
- Our representative will give you printed receipt for the amount on the spot.
- Our representative will give you services at your doorstep like loan repayment before maturity payment, etc. as per our terms & conditions.
- It helps to improve your monetary stake
- Premature closure with applicable penal cuts possible
- TDS applicable as per the extant IT guidelines
- Nomination Facility available
Who can open?:
- Individuals
- Individuals jointly with other Individuals
- For Minor Individuals by Guardian
- HUF
- Sole proprietary concerns
- Clubs/Associations
- Firms
- Joint stock companies
- Any other entities as permitted by RBI
How to Open?:
- Daily Deposits can be opened by visiting our branch.
Rates & Charges
- Interest charged on daily product basis and credited in quarterly rests. (Present rate is 3.5%).
- Please visit Deposit interest rates page for details
- Please visit Service charges page for more details.