Deposits & Accounts
Recurring / Pigmy Deposits
Don't wait to save big. Start small, save systematically, and build a significant financial corpus for your future goals.
Small Drops Make an Ocean
Our Recurring Deposit (RD) and Pigmy schemes are designed to instill a habit of saving. Whether you can save ₹500 a month or ₹100 a day, we have a scheme that fits your capacity.
- 1Standard RDFixed monthly installments for tenures ranging from 12 to 60 months.
- 2Pigmy CollectionDaily doorstep collection via our trusted and authorized bank agents.
Recurring Deposit FAQs
What is a Pigmy Deposit?
A Pigmy Deposit is a daily savings scheme ideal for daily wage earners, shopkeepers, and small business owners. Our authorized agents collect your savings directly from your doorstep every day.
What happens if I miss an RD installment?
We encourage timely deposits to maximize your interest. Missing installments may attract a nominal penalty. Please refer to our branch policies for details.