Jestha Nagarik Samman Bachat khata is a special savings scheme for the Senior Citizens who belong to the age group of 50 years and above. The scheme offers an interest rate of 9% p.a. on daily balance. Under this scheme, interest is paid every month which helps the senior citizens to manage their monthly operating expense easily. The scheme offers the under mentioned features introduced for the benefit of the senior citizens.
Features
- Minimum balance of NPR 100/- only.
- 9-10% interest on Daily available balance with monthly interest payment.
- 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 from any branch located anywhere in the country
- No maintenance charge.
- Free issuance of account statements as per requirement.
Interest Capitalization Scheme: As on monthly basis
Requirements:
- Citizenship Certificate and or any valid identification card issued by Nepal Govt.
- One recent PP size photograph.
- Should more than 50 years of age.
- Introduction by an Accountholder of KMFL (If possible)
Summary |
Interest Rate |
9-10% p.a. |
Calculation Basis |
On Daily Balance |
Account Opening |
Rs.100/- (One Hundred Only) |
Minimum Balance |
Rs.100/- (One Hundred Only) |
Interest Capitalization |
Monthly Payment |
Deposit and Withdrawal Limit |
Unlimited |
Targeted Group |
Elders above 50 years of age |
|
