The Samastipur District Central Co-operative Bank offers a Daily Deposit scheme designed to encourage regular savings, especially for daily wage earners, shopkeepers, and small traders. Key features often include:
- Convenient Collection: Authorized agents typically collect deposits from the customer's doorstep, eliminating the need to visit the bank daily.
- Minimum Deposit: Usually starts with a very small amount, making it accessible to all.
- Deposit Period: Often requires maintaining the deposit for a minimum period, such as one year.
- Interest: Interest is generally paid on the deposited amount, though the rate may vary based on the tenure.
- Accessibility: Accounts can usually be opened by individuals or jointly by two people. Minors (above 12 years) can also have accounts operated by a legal guardian.
