Daily Deposit Scheme |
Period |
Interest (P.A.) |
6 month |
8.00% |
12 month |
10.00% |
24 month |
12.00% |
- Money can be deposited into an account on daily basis. The amount may be as small as Rupees Ten. It can be called a recurring deposit scheme, as the money is deposited almost daily. The unique characteristic of this scheme is that a bank agent collects the money daily, from the account holder's doorstep.