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DEPOSIT» Kuber High yield

 
 

 

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