Overview

A small savings scheme introduced to encourage the habit of thrift among individuals. This daily deposit scheme allows customers to add any amount — small or big — to their bank balance, making it ideal for daily wage earners and small income groups. Even amounts below ₹100 can help keep their accounts active. Up to 90% of the deposit amount can be availed as a loan.

Key Features

• Daily deposits accepted — any amount, even less than ₹100
• Ideal for small traders, wage earners, and micro-entrepreneurs
• Loan facility up to 90% of the deposit value
• No need to visit the branch — bank agents collect deposits at your doorstep
• Instant deposit receipt issued by agent on collection
• Account must be maintained for a minimum period of 1 year
• No withdrawals or account closure allowed within the first year
• Nominal interest paid on deposits