Pigmy Deposit:
Pigmy Deposit Scheme is a monetary deposit scheme introduced by Syndicate Bank, India. Money can be deposited into an account on daily basis. The amount may be as small as Rupees five. It can be called a recurring deposit scheme, as the money is deposited almost daily.
Little drops of water make a mighty ocean – This deposit scheme suits the needs of everyone viz. businessmen, professionals, shopkeepers, garage owners & workers, wage earners, teachers, salaried personnel, traders, housewives etc. You can save money with the Bank regularly depending on your convenience.