- 1145, Near Mhalasa Devi Temple, Talvel 425305
- enquiry@mhalasaiurban.com
- +919689697979
Daily Deposit
Mhalasai Urban Nidhi Limited
Daily Deposit
Money can be deposited into an account on daily basis. The amount may be as small as Rupees Ten. It can be called a Daily Deposit Scheme, as the money is deposited almost daily. The unique characteristic of this scheme is that Bank’s authorise agent collects the money daily, from the account holder’s doorstep with mobile application and confirmation receipt by SMS to customers mobile.
Features of Mhalasai Urban Nidhi Ltd.
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Perticulars
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Description
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Collection of Deposit
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Daily at the door steps of depositor
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Eligibility
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All members
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Interest rate
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1% for 12 months period
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Quantum of Deposit
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Min Rs.100
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Period
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12 Months
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Loan on deposit
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Facility Available
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Preclosure charges
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3% on the outstanding amount
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- 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.
- An ideal product for those who are into business/self-employment.
- Premature closure with applicable penal cuts possible
- Loan facility is available for Recurring deposit against the amount present in your deposit account, subject to terms and conditions with interest @ 10% .
- TDS applicable as per the extant IT guidelines.
- Nomination Facility available
- Individuals.
- Joint account holders
- Proprietors
- Individual partners.
- Application Form
- Photograph of depositor/s (2 copies)
- Documents as per KYC Norms
- PAN Card or Form 60 or 61
- Any other related documents as applicable.
- Daily Deposits can be opened by visiting our branch.
- Address:-1145, Near Mhalasa Devi Temple, Talvel, Jalgaon 425305
- Phone:- 09689597979
- Email:- enquiry@mhalasaiurban.com
Fore closure of Deposits will not be permitted until completion of 3 months From the date of Deposits. Deposits foreclosed after 3 months but before 6 months from the date of Deposits no Interest will be paid. Deposits foreclosed after 6 months, interest at 2% shall be deducted from the normal rate of Simple Interest for the period of Deposit.