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Kuber High yield savings is designed to cater to the saving habits of individuals and households. Saving is encouraged, be it in small amount or large, and a banking awareness/ habit is thus created. Kuber High Yield savings with Kuber Merchant Finance Limited is flexible in terms of withdrawal and/or deposit and emphasis on personalized service provided by the competent staff will delight you.
Features
- Minimum balance of NPR 1000/- only.
- 7-10% per annum interest on Daily available balance.
- Unlimited Withdrawals/Deposits.
- Free Issuance of Cheque Book
- Free Cheque clearance facility.
- Free Kuber Easy Cash Card facility, valid in Nepal and India.
- Free ABBS facility within the nation though our branch networks.
- No maintenance charge.
- Free issuance of account statements as per requirement.
- Extra hour banking services through evening counters*
*Kamalpokhari, Newroad & Birtamod Branch Only
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 |
7% to 10% p.a |
Calculation Basis |
On Daily Balance |
Account Opening |
Rs.1000/- (One Thousand Only) |
Minimum Balance |
Rs.1000/- (One Thousand Only) |
Interest Capitalization |
Quarterly Payment |
Deposit and Withdrawal Limit |
Unlimited |
Targeted Group |
General Individual/Public |
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