Pigmy
pigmy deposit is a daily savings scheme offered by cooperative, to help small traders, daily wage earners, and others with irregular incomes save money consistently.
How a pigmy scheme works
The scheme is similar to a recurring deposit but involves more frequent, and usually smaller, installments.
Pigmy Scheme
Interest Rates
|
Duration
|
Rate of Interest
|
|---|---|
|
Below 1 year
|
3.50%
|
|
Above 1 year
|
4.50%
|