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Daily deposits

Kadalundi Bank offers a Daily Deposit Scheme, allowing you to save small amounts daily, making it perfect for individuals with irregular incomes. This scheme encourages a consistent savings habit and provides the opportunity to earn interest on accumulated savings. It also offers loan facilities against your savings for added flexibility.

Daily deposit features
  • Daily Deposit Scheme for daily income earners.
  • Doorstep collection by authorized agents.
  • Ideal for business owners and self-employed.
  • Loan facility available against deposit at 10% interest.
  • Premature closure with penalties.
  • TDS as per IT guidelines.
  • Nomination facility offered.
Daily deposit tenure Interest rates
12 months 2%
24 months 3.5%
36 months 3.5%
60 months 4%

Other Deposits

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Fixed deposits
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Savings deposit

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Daily deposits

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Recurring deposits

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