Pigmy Deposit, also known as Pigmy Savings Scheme, is a small savings scheme offered by the bank. It is designed to encourage small savings among customers who may not have a large amount to deposit at once. The key features and aspects of Pigmy Deposit are as follows:

1. Pigmy Deposit aims to facilitate regular savings by customers who deposit small amounts on a daily or weekly basis. It is particularly beneficial for individuals with irregular income or those who find it easier to save small amounts regularly.

2. The amount deposited in a Pigmy Deposit is usually very small, often as low as a few rupees on a daily or weekly basis. Over time, these small deposits add up to a significant amount, which can then be withdrawn or used for other financial purposes.

3. Pigmy deposits are accessible to a wide range of customers, including those in rural or semi-urban areas who may not have access to formal banking services. This access helps promote financial inclusion and encourage savings habits among different demographics.

4. Documents: - Customers get a passbook that records their deposits, withdrawals, and accumulated interest. This helps them keep track of their savings and monitor their financial progress.

5. Interest Rates: As per applicable