Daily Saving Account
A daily saving account is a type of savings account that earns interest on the daily balance of the account. Here are some details about daily saving accounts.
Daily Saving Account
Features and Benefits
An account can be opened by depositing a minimum of Rs. 50/-.
If there is a balance in the account for 6 consecutive months, interest will be paid at the rate of 3% on the minimum balance basis.
Under the Pygmy Deposit Scheme, an employee of the organization will visit your place of business and deposit the amount.
If you have a savings or current account with the institution, you can open a Daily Deposit Scheme account without submitting any documents.
Required documents
Documents required for current account as per the type of organization.