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 available for Recurring 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 available