Daily Deposit Scheme is a monetary deposit scheme introduced to help daily wage earners, small traders, to inculcate saving habits and also as a way of funding their bigger capital requirements.

The small monthly savings in the Recurring Deposit scheme enable the depositor to accumulate a handsome amount on maturity. Interest at term deposit rates is computable on quarterly compounded basis. The account can be opened by individuals.

Loan against property remains a popular option among borrowers for several reasons. Two of the key reasons are availability of funds on an urgent basis and more importantly,the freedam to use the funds as you deem fit. In other words , the loan amount in this financing option is free of end use restrictions.