A savings account is a secure bank deposit account that stores your money while paying interest on the balance. It is designed for funds you don't need for daily transactions but want to keep easily accessible for short-term goals or emergencies. Your money is much safer with us than keeping cash on hand. Senior Citizen: Offers specialized benefits, such as higher interest rates or lower fees for older individuals.
A current account in a bank is a specialized deposit account designed primarily for businesses, traders, and professionals who handle high-frequency, high-volume transactions. Designed for business operations, current accounts allow for unlimited daily transactions, deposits, and withdrawals.
A recurring bank account, commonly known as a Recurring Deposit (RD), is a specialized term account that allows you to invest a fixed amount of money at regular intervals (usually monthly) over a chosen period to build up your savings and earn guaranteed interest. You commit to depositing a set amount on a specific date.We pay a fixed interest rate on your accumulated balance. This rate is often similar to a Fixed Deposit (FD) rather than a standard savings account, and is usually compounded quarterly.
For individuals, small-scale traders, and vendors, a "daily collection" or "daily deposit" account (commonly known as a Pigmy ) is a savings scheme where small, frequent amounts are collected. Deposits often range from as little as ₹500 up to ₹1,00,000 per day.You can pay through our Pigmy agents or deposits daily in to our branch .
A fixed deposit (FD) is a tenured deposit account provided by banks or non-bank financial institutions which provides investors a higher rate of interest than a regular savings account, until the given maturity date.
Tenure: 1 to 3 years.Minimum 10 grams of raw gold (bars, coins, or jewellery excluding stones). Interest is provided quarterly or annually, or cumulative payouts upon maturity.
Opening a bank account for kids is a great way to teach financial responsibility. Accounts for minors typically fall into two categories: Guardian-operated (for ages 3–10) and Self-operated with parental consent (for ages 10–18). They feature zero minimum balance requirements, customized debit cards, and spending limits.We are amongst the few financial organisations offering this service.Offers educational benefits and a linked savings account feature where money can be transferred from the parent's account in case of a shortfall.
A corporate salary account is a specialized zero-balance savings account opened by a company for its employees in partnership with a our Patsantha . Your Employer directly deposits salaries, bonuses, and reimbursements into the accounts. We provide employees with fee-free banking and premium financial perks on regular salary credits.
