The Pigmy Deposit scheme is a unique and convenient savings plan offered by The Jamkhandi Urban Cooperative Bank Ltd, designed to encourage regular savings among small savers. This scheme allows customers to deposit small amounts on a daily, weekly, or monthly basis, making it easier to accumulate substantial savings over time.
Key Features:
⇒ Flexible Deposits: Customers can deposit small amounts regularly as per their convenience.
⇒ Doorstep Collection: Our authorized agents may collect deposits directly from the customer’s residence, ensuring ease and convenience.
⇒ Attractive Interest Rates: Deposits under the Pigmy scheme earn competitive interest, helping your savings grow steadily.
⇒ Loan Facility: Account holders may be eligible for loans against their Pigmy Deposit balances.
⇒ Safe and Secure: All deposits are fully insured and managed under the trusted banking practices of The Jamkhandi Urban Cooperative Bank Ltd.
Eligibility:
How It Works:
1. Open a Pigmy Deposit account at any branch of The Jamkhandi Urban Cooperative Bank Ltd.
2. Decide on the frequency and amount of your deposits.
3. Make regular deposits either personally or via our doorstep collection service.
4. Withdraw your savings along with accumulated interest as per the scheme rules.
Benefits:
For more details, visit your nearest branch or contact The Jamkhandi Urban Cooperative Bank Ltd customer service.