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DEPOSIT»Demand Deposit

 
 

 

You want to keep your hard earned money safe we not only offer you this safety but the highest return for you too. So these figures pose a great opportunity for all those who are looking for a lucrative option to invest money.

Features:

  • No Minimum balance required.
  • Interest starting from 8.25% per annum on daily balance.
  • Unlimited Withdrawals/Deposits.
  • Free Issuance of Cheque Book
  • Free Cheque clearance facility.
  • No maintenance charge.
  • Free ABBS facility from any branch located anywhere in the country
  • Free issuance of account statements as per requirement.

Interest Capitalization Scheme: As on quarterly basis


Requirements:

  • Citizenship Certificate and or any valid identification card issued by Nepal Govt.
  • One recent PP size photograph.
  • Introduction by an Accountholder of KMFL (If possible)

 

Summary

Interest Rate

8.50-10.25%  p.a.

Calculation Basis

On Daily Balance

Account Opening    

Rs.0/- (Nil)

Minimum Balance

Rs.0/- (Nil)

Interest Capitalization  

Quarterly Payment

Deposit and Withdrawal Limit 

Unlimited

Targeted Group

Individuals and entrepreneurs