Pigmy Deposit Account ನಿತ್ಯಾನಿಧಿ ಠೇವಣಿ ಖಾತೆ

Using Pigmy Deposit account provided by our Co-operative Bank, Money can be deposited into an pigmy account on daily basis. The amount may be as small as Rupees five. Its a type of recurring deposit scheme wherein money is deposited almost daily. The unique characteristic of this scheme is that a our co-operative bank agent collects the money daily, from the account holder's doorstep.

The scheme was introduced to help daily wage earners, small traders and farmers to inculcate a saving habits and also as a means to fund their bigger capital requirements, such as a wedding, home buying, vehicle purchase etc.