Little drops of water make the mighty ocean –we believe in this dictum for our Pigmy Agent Cash scheme.This deposit scheme is suitable for the needs of one and all, viz. businessmen, professionals, wage earners, teachers, salaried personnel, traders, housewives, etc. Under this scheme, you can save money with us regularly as per your convenience. What’s more? You need not visit the Bank for doing so either. Our authorized Agent collects your savings at your doorstep at regular intervals. Subsequently, your money silently grows over a period into a lump sum for meeting your future commitments like daughter's marriage, children's education, family functions, household and personal purchases, payment of insurance premium, yearly taxes, etc.
The salient features of the Pigmy Deposits are as under:-
- Choice to opt for Scheme Period from 12, 24, 36 months.
- Amount as low as Re.10.- per day can be saved daily/weekly/monthly.
- Benefit of this scheme is for small shopkeeper, salesman, hawkers, etc. monthly income earners, viz.
- No penalty even if depositor is unable to pay installments regularly.
- Deposit account can be closed prematurely subject to certain conditions.
- Loans can be availed upto a maximum of 85% of the balance in the Pigmy account.
- Nomination facility available.
- The rates of interest are as fixed by the Society from time to time.
- No tax will be deducted for the interest on the deposit. (for Members Only)
- Application form (Download from Above)
- Recent Colour Photograph(3 Nos.)
- Proof of Address / Residence: Latest Telephone Bill or Electricity Bill or Ration Card
- Proof of Identity: PAN Card, Voter Id Card, Passport, Driving License
- PAN Card or Form 60/61 if applied for PAN