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Daily Deposit

Even the smallest savings count on a rainy day. Daily Deposit Scheme is a popular product which works on a same philosophy with as low as 100 per day you can save enough money through DD Scheme along with earning an impressive interest as well. It is popularly known as pigmy deposits.

Key Benefits

FEATURES BENEFITS
Attractive Interest Rates Frist Year 8.50%
Two Years 9.50%
Flexible Tenor Options
Minimum Tenor
Maximum Tenor
12 Months
2 Years
Minimum Amount As low as ₹ 20
Deposit Multiples As low as ₹ 20

Interest Rates for Recurring Deposits

Terms and Conditions:

1. The interest is computed based on the actual number of days in a year i.e. 365 days for a non- leap year and 366 days for a leap year. The tenor of Deposit is calculated in number of days.

2. In case of premature withdrawal of the recurring deposit, penalty of 0.5% will be applied on the applicable rate of interest for the duration which the deposit is maintained with us.

3. For delayed and/or missed monthly payment:

a. A Penalty of ₹ 1.5 per ₹ 100 on the instalment amount will be levied

b. This penalty will be levied on actual basis i.e. on the number of days of delay

c. Grace period of 5 days will be provided to the customer to make the instalment payment to avoid the penal charges

4. Bank reserves the right to close the recurring deposit in case the customer misses 5 consecutive recurring deposit instalments.

5. The minimum tenor of Recurring Deposit should be 6 months.

6. The minimum instalment amount should be ₹ 100.

7. The instalment amount should be in multiples of ₹ 100.

How to Apply

Visit the nearest CSP of Trianglemind Benefit Nidhi Limited and our CSP Branch Owner will guide you on the application process.

Contact us and our Customer Care Executive will fix a doorstep service appointment with our Loan Executive to help you with the application process.

Required Documents

Here is a list of KYC Documents to be submitted with the completed and duly signed Account Opening Form for various types of accounts:

a) Individuals

Aadhaar/ Proof of application of Aadhaar enrolment which is not older than six months

PAN/Form 60 (In case of Form 60, one certified copy of OVD* to be submitted)

FATCA Declaration which is part of the account opening form

Recent Photograph

b) Hindu Undivided Family

Aadhaar/ Proof of application of Aadhaar enrolment of Karta/existing authorised signatories)

PAN/Form 60 (In case of Form 60, one certified copy of OVD* to be submitted) of HUF

PAN/Form 60 (In case of Form 60, one certified copy of OVD* to be submitted) of Karta /existing authorised signatories)

Declaration from the Karta and Joint Hindu Family letter signed by all the adult holders as per format Annexure 2 attached

Recent Photograph of Karta/authorised signatories

FATCA Declaration which is part of the account opening form