3Months daily accounts are designed for issuing the payment just after three months i.e 90 days. Generally, daily depositors supposed to wait for 365 days for the payment to receive. This causes to take either safe or main loan when they require additional cash to reinvest in their business which incurs extra costs.
As three months’ daily account has the payment system in 90 days, so it can reduce the risk and cost of the loan and creates an opportunity to reinvest the received through the payment at 90 days. So, a small business person or entrepreneur does not suffer from a cash crisis.
Sarokar does not provide any profit to the three months, daily customers, as cash amount received is not used in banking activities and the bank has to pay the collecting agents.
If a three-month daily account holder opens three consecutive accounts just months after months then he/she can receive payments on a monthly basis.
Benefits of Daily Deposit:-
Documents required for account opening:-
Why with Satrokar Co-operative:-