Daily Deposit - A unique savings scheme for daily wage earners

Daily Deposit lets daily income earners save their daily earnings with attractive returns.

Features & Benefits

  • Ideal savings plan for daily income earners, as it allows them to park their surplus funds on a daily basis.
  • An authorized agent of KGB collects the daily deposits from the customer’s doorstep.
  • A scheme which suits all financial classes alike.
  • An ideal product for those who are into business / self-employment.
  • Premature closure with applicable penal cuts possible
  • Loan facility is available for Daily 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 is 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.

Interest Rates & Charges

  • Ideal savings plan for daily income earners, as it allows them to park their surplus funds on a daily basis.
  • An authorized agent of KGB collects the daily deposits from the customer’s doorstep.
  • A scheme which suits all financial classes alike.
  • An ideal product for those who are into business / self-employment.
  • Premature closure with applicable penal cuts possible
  • Loan facility is available for Daily 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 is available
  • 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
  • Daily Deposits can be opened by visiting our branch.

OUR KEY PRODUCTS

RECURRING DEPOSIT

GOLD LOAN

AGRICULTURE LOAN

VEHICLE LOAN

RECURRING DEPOSIT

GOLD LOAN

AGRICULTURE LOAN

VEHICLE LOAN




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