Kerala Gramin Bank offers Daily Deposit to its customers which lets daily income earners save their daily earnings with attractive returns. It is a scheme which suits all financial classes alike.
The main purpose of Kerala Gramin Bank offers Daily Deposit is to provide an ideal savings plan for daily income earners, as it allows them to park their surplus funds on a daily basis. An authorized agent of KGB collects the daily deposits from the customer's doorstep.
An ideal product for those who are into business/ self-employment.
Following entities can invest in Kerala Gramin Bank Daily Deposit:
Documents required for Kerala Gramin Bank Daily Deposit: For opening an account under Kerala Gramin Bank Daily Deposit, the applicant is required to submit following documents:
Investors can choose each day's instalment anywhere between Rs.100 and Rs.5,000.
The customer can deposit the amount for period ranging from 7 days to 10 years (In multiples of 3 months)
Interest rate of Kerala Gramin Bank Daily Deposit will be 5.50% and 7.45% for general public and 6% to 7.95% for senior citizens depending upon the tenure of RD.
Loan facility against Kerala Gramin Bank Daily Deposit is available, subject to terms and conditions with interest @10% p.a.
Premature closure of Kerala Gramin Bank Daily Deposit is availablewith a penalty @1% on the applicable rate of interest for the corresponding period for which the deposit remained with the bank.
2024 October 02 is a bank holiday in Jammu And Kashmir due to Mahatma Gandhi Jayanti/Mahalaya Amavasye.
2024 October 03 is a bank holiday in Rajasthan due to Navratra Sthapna.
2024 October 10 is a bank holiday in Assam due to Durga Puja/Dussehra (Maha Saptami).
2024 October 11 is a bank holiday in Himachal Pradesh due to Dusshera (Mahashtami/Mahanavami)/Ayudha Pooja/Durga Puja (Dasain)/Durga Ashtami.
2024 October 12 is a bank holiday in Jammu And Kashmir due to Dasara/Dussehra (Mahanavami/Vijayadashmi)/Durga Puja (Dasain).
2024 October 12 is a bank holiday in Andhra Pradesh due to Dasara/Dussehra (Mahanavami/Vijayadashmi)/Durga Puja (Dasain) .
Bank Name | Interest(p.a.) |
---|---|
Esaf Small Finance Bank | 8.75% |
Suryoday Small Finance Bank | 8.50% |
Utkarsh Small Finance Bank | 8.50% |
Equitas Small Finance Bank | 8.50% |
North East Small Finance Bank | 8.50% |
Ujjivan Small Finance Bank | 8.30% |
Indusind Bank | 8.00% |
Fincare Small Finance Bank Ltd | 8.00% |
The Nainital Bank | 7.90% |
Bank Name | Interest(p.a.) |
---|---|
Esaf Small Finance Bank | 8.75% |
Suryoday Small Finance Bank | 8.50% |
Utkarsh Small Finance Bank | 8.50% |
Equitas Small Finance Bank | 8.50% |
North East Small Finance Bank | 8.50% |
Ujjivan Small Finance Bank | 8.30% |
Indusind Bank | 8.00% |
Rbl Bank | 8.00% |
Fincare Small Finance Bank Ltd | 8.00% |
The Nainital Bank | 7.90% |