Excel Bumper Bachat Khata
Saving deposits are the permanent nature of deposit with low cost to the bank in comparison to Fixed Deposits. In order to be competitive in the market and to offer something new to our existing as well as prospective customers, we hereby launch a special saving deposit scheme. Retired employees & senior citizens (who wish to have monthly return), salaried persons, wage earners from private establishments, entrepreneurs desiring to have high return from their surplus money and Non-Profit making institutions etc. The salient features of the scheme have been furnished below.
Eligibility:
1. Any individual including minor (individual less than 18 years of age but account to be operated by
the guardian/s) & Non-profit making institutions can open the account.2. This scheme shall be valid till further notice.
Interest Rate & Minimum Balance Required
- For Interest rate click here.
- Minimum Balance: NPR 1,000.00/-
Interest Payment Frequency
1. Interest shall be paid on quarterly basis at the end of Ashwin, Poush, Chaitra and Ashad.
2. Tax on interest shall be levied as per prevailing Income Tax Act.
3. Eligibility: Nepalese Citizens.
Facilities to the Account Holder
1. High return than prevailing schemes there by helping the Bank to grow long term deposits.
2. 50% discount on Locker Facility (for first year).
3. 50% discount on Debit Card (for first year).