| 1. Deposit of money |
- Initial deposit of NPR 2,500.00.
- Minimum amount NPR 500 to be deposited every month.
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| 2. Interest Rate |
- 3% per annum. Rates are subject to change as per
market condition.
|
| 3. Facilities |
- Personal Accident Insurance of NPR 50,000.00.
- ABBS charge free.
- eBanking facilities - Inquiry only, charge free
- 50% waiver on key deposit for lockers, we will
be holding the equivalent amount from Pariwar Bachat
Khata.
|
| 4. Withdrawal on Maturity |
- On attainment of 16 yrs. of age of the minor or
minimum three years from the date of account opening
in the case of others.
- Account to be converted to normal saving/E-ZEE Account,
as requested by the client on maturity of the account.
- Interest to be provided as per the prevailing interest
rates on saving/E-ZEE account.
|
| 5. Premature Withdrawal |
- Clients requesting for premature withdrawal will
be credited with only 2.75% of the total cumulative
interest in their respective accounts.
|
| 6. Default |
- Failure of payment of 3 continuous installments
will result conversion of the account to Saving A/c.
providing the client interest @2.5% p.a. only for
those 3 months.
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| 7. Loan Eligibility |
- Eligible for 80 % loan of the cumulative deposit
amount only after 2 years of deposit at prevailing
interest rate. No other security required apart from
the lien on the Pariwar Bachat Khata.
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