Nagarik 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. We have additional advantage to customers with deposit scheme called “Nagarik Bachat Khata”. Features of the product have been furnished below.
Eligibility
1. Any individual can open the account.
2. Account can also be opened for Minor also.
3. Account can be opened singly or jointly with two or more person with survivorship clause.
Interest Rate & Minimum Balance Required
- For Interest rate click here.
- Minimum Balance: NPR 100/-
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
Coustomer can open account at absolutely Free of Cost (No Minimum Balance Required) & No charges for Debit Card & Smart Banking during account opening.
– Free Checkbook.
– Free ABBS