The scheme envisages attracting deposits in small amounts from daily wage / income earners like professionals, small business people, Technicians, skilled labour, etc. Members have to deposit a pre-determined amount on daily basis for a defined period and at the end of the period the amount deposited will be paid with interest.
DAILY RD DEPOSITS SCHEME
- Minimum amount of daily deposit Rs. 100/-(30/90/120/360 days)
- Maximum daily deposit 4000/-
- Pre-mature payment not allowed.
- Automatic SMS for all transactions in the account
- applicable interest for the period of deposit.
