Daily deposit scheme
Download as DOCX, PDF0 likes53 views
The Daily Deposit Scheme allows for the daily collection of deposits through authorized agents directly from customers. Deposits can be made for terms of 12, 24, or 36 months, earning annual interest rates ranging from 4-10% depending on the amount and term of deposit. Minimum deposits start at Rs. 10 and increase in multiples of Rs. 10 up to Rs. 500 or more. Longer terms and higher deposits earn higher interest rates and some plans offer loan facilities against deposits or bonuses.
1 of 2
Download to read offline
More Related Content
Recently uploaded (20)
Ad
Ad
Daily deposit scheme
- 1. Daily Deposit Scheme(DDS) In Daily Deposit Scheme, Collection of deposit at door step through authorized agents of the organization on a daily basis. DDS tenure is available in 12 month, 24 month and 36 month giving returns of 4- 10% per annum respectively. Minimum amount Rs 10 or multiple of Rs. 10 Rs.20 Daily Rs.50 Daily Rs.100 Daily Rs.200 Daily Plan Time Period Interest rate Special Facility DD-12 12 month 4 % Loan against deposit DD-24 24 month 5% - DD-36 36 month 6% - Plan Time Period Interest rate Special Facility DD-12 12 month 4 % Loan against deposit DD-24 24 month 6% - DD-36 36 month 6.5% - Plan Time Period Interest rate Special Facility DD-12 12 month 4.13 % Loan against deposit DD-24 24 month 6% - DD-36 36 month 6.5% - Plan Time Period Interest Rate Special Bonus Facility
- 2. Rs.500 Daily DD-12 12 month 5.5% Rs. 500 Loan against deposit DD-24 24 month 6% Rs.2000 DD-36 36 month 6.5% Rs.3100 Plan Time Period Interest Rate Special Bonus Facility DD-12 12 month 5.5% Rs. 2500 Loan against deposit DD-24 24 month 6% Rs.4700 - DD-36 36 month 6.5% Rs.7100 -