Pigmy Account

The Pigmy deposit is tailored for small vendors of the business community who are located within the vicinity of the Society's office. This will help instant savings from the day-to-day income generated by the small traders,artisans,vegetable market and all shops & establishments in the locality.

Terms & Conditions

  • Interest is annual compounding
  • No TDS is made for Members of NSCCL
  • Account is not trransferable
  • No pre-closure is allowed for deposits less than 13 months
  • Depositors can avail loan against PDs
  • In case of the death of customer, the account will be automatically transfrred to Nominee as per the mandate.
  • Interest is payable annualy along with refund on maturity.
  • The daily contribution should be regular