Ideal saving plans for all members, so you can save daily small amount of money in our Daily Deposit Schemes. In this scheme, you can save minimum Rs. 10/ to more amount of daily basis. Ideal for those who are working on daily wages basis or to those who are running small business.
1. All payments to the company shall be made either in cash or by cheque/draft against the receipt countersigned by its authorized signatory payments by any mode or media other than mentioned above shall be at the member account holder�s own risk. The cheque/draft shall be credited in the name of member Account Holder subject to clearance by the bank. Out station cheques shall not be accepted.
2. Installments are to be paid regularly in each working day. The member account holder will have to deposit 30 days payment in the month.
A passbook will be issued to every Member Account Holder. The Member Account Holder shall get the pass book updated at regular intervals. If any discrepancy or difference in the amount is found between the entries made in the passbook and receipts duly countersigned by the authorized signatory of the branch office bearing seal. Payment shall be made on the basis of receipts only.
The Member Account Holder shall surrender the passbook and duly signed maturity form to the company and the maturity shall be paid along with interest as per the below mentioned Chart. No additional interest would be paid on the maturity amount, if taken after the scheduled period