Daily Deposit Scheme is a monetary deposit scheme introduced to help daily wage earners, small traders, to inculcate saving habits and also as a way of funding their bigger capital requirements. In this scheme money can be deposited into an account on daily basis. The amount may be as small as Rupees ten. The unique characteristic of this scheme is that an agent from the bank collects money to be deposited, on daily basis, from doorsteps of account holder.
Daily Schemes
1 Year Saving Plan
Per Day |
Monthly |
Month |
Principal Amount |
Annual Interest - 10% |
Maturity Amount |
50
|
1500 |
12 |
18000 |
961 |
18961 |
100
|
3000 |
12 |
36000 |
1922 |
37922 |
200
|
6000 |
12 |
72000 |
3844 |
75844 |
500
|
15000 |
12 |
180000 |
9608 |
189608 |
1000
|
30000 |
12 |
360000 |
19216 |
379216 |
2 Year Saving Plan
Per Day |
Monthly |
Month |
Principal Amount |
Annual Interest - 11% |
Maturity Amount |
50
|
1500 |
24 |
36000 |
4207 |
40207 |
100
|
3000 |
24 |
72000 |
8414 |
80414 |
200
|
6000 |
24 |
144000 |
16828 |
160828 |
500
|
15000 |
24 |
360000 |
42069 |
402069 |
1000
|
30000 |
24 |
720000 |
84138 |
804138 |
3 Year Saving Plan
Per Day |
Monthly |
Month |
Principal Amount |
Annual Interest - 12% |
Maturity Amount |
50
|
1500 |
36 |
54000 |
10619 |
64619 |
100
|
3000 |
36 |
108000 |
21238 |
129238 |
200
|
6000 |
36 |
216000 |
42476 |
258476 |
500
|
15000 |
36 |
540000 |
106189 |
646189 |
1000
|
30000 |
36 |
1080000 |
212379 |
1292379 |
To get more details call us on +91 99258 00901 or +91 94088 41114
Terms and conditions :
1. Daily Deposit account can be opend with minimum R.50/-further in multiply of Rs.10/-.
2. Interest will be calculatate daily product basis.
3. Loan against deposit is up to 70% of deposit amount.
4. Rate of interest on loan against Daily Deposit would be 9% higher the applicable rate of interest