Deposit Schemes

DEPOSIT SCHEMES INTRODUCTION A deposit scheme is an account at a banking institution that allows money to be held on behalf of the account holder. while others may pay the client interest on the funds deposited. Daily Deposit Scheme. A unique savings scheme wherein, the daily income earners can park their surplus funds.

An authorized agent of the Bank collects the daily deposits from the customer’s doorstep. This special service is available only at Secunderabad Bank.
Bank provides daily deposit schemes for the people who earn daily income and own business. this would be the major saving. they will also get interest on their deposit after 1 year. They can only withdraw amount after 6 months. before six months 3% charge will be cited from the amount.