Money can be deposited into an account on daily basis. The amount may be as small as Rupees 50. It can be called a Janta deposit scheme, as the money is deposited almost daily. The unique characteristic of this scheme is that a bank agent collects the money daily, from the account holder's doorstep.

This scheme was introduced by Vyavsayik Evam Audhyogik Sahakari Bank headquartered at Morena, M.P. of India. The scheme was introduced to help daily wage earners, small traders and farmers to inculcate a saving habits and also as a means to fund their bigger capital requirements, such as a wedding, home buying, vehicle purchase etc.

They were treated as part and parcel of the banking and trading system often carrying legitimate and confidential market and trading information within the network and contributed to the development of stock exchanges. The trading system is not complete without recognising them as the pillars of funds deposit system, in India; especially.

As they were enjoying high level of confidence amongst the business community they even took part in personal affairs of traders-big and small and also took part in various social activities again within the network.

This also generated huge deposits over a period and also created long-term and sustainable employment to youth who like freedom and also enjoy mingling with market enthusiasts as well as in creating market sensation (sometimes).

"A day or evening is not complete without the visit of these Pigmy collectors on the premises of a trader or the depositor".