Pigmy Account


A Pigmy account is a small savings account that is designed for individuals who want to deposit small amounts of money on a regular basis. This type of account was originally created by banks in India to encourage people from low-income groups to save money. However, the term "Pigmy account" has been widely used across the world and now includes various types of micro-savings accounts offered by different financial institutions.

Pigmy Form


Sr.No. Type Period Normal Senior Citizen
1 Pigmy Account 12 Months 6.00% 6.00%