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.

Features & Benefits

  • A unique savings scheme wherein, the daily income earners can park their surplus funds.
  • An authorized agent of the Bank collects the daily deposits from the customer’s doorstep.
  • A scheme which suits both the rich a poor alike.
  • An ideal product for those who are into business/self-employment.
  • Premature closure with applicable penal cuts possible
  • Loan facility is avialable for Reccuring deposit against the amount present in your deposit account, subject to terms and conditions with interest @ 10% .
  • TDS applicable as per the extant IT guidelines.
  • Nomination Facility avialable

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%).
  • Please visit Deposit interest rates page for details.
  • Please visit Service charges page for more details.
  • A unique savings scheme wherein, the daily income earners can park their surplus funds.
  • An authorized agent of the Bank collects the daily deposits from the customer’s doorstep.
  • A scheme which suits both the rich a poor alike.
  • An ideal product for those who are into business/self-employment.
  • Premature closure with applicable penal cuts possible
  • Loan facility is avialable for Reccuring deposit against the amount present in your deposit account, subject to terms and conditions with interest @ 10% .
  • TDS applicable as per the extant IT guidelines.
  • Nomination Facility avialable
  • 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
  • Interest charged on daily product basis and credited in quarterly rests. (Present rate is 3%).
  • Please visit Deposit interest rates page for details.
  • Please visit Service charges page for more details.

OUR KEY PRODUCTS

RECURRING DEPOSIT

GOLD LOAN

AGRICULTURE LOAN

VEHICLE LOAN

RECURRING DEPOSIT

GOLD LOAN

AGRICULTURE LOAN

VEHICLE LOAN



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