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DEPOSIT» Business Deposit Saving

 
 

 

Business Deposit saving is designed to cater to the saving habits of individuals and households. Savings is encouraged, be it in small amount or large, and a banking awareness/ habit is thus created. Business Deposits 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.

Mainly this saving account has been targeted for the small and medium entrepreneurs and households.


 

Features

  • Minimum balance of NPR 1000/- only.
  • 8-10% per annum interest on Daily available balance.
  • Unlimited Withdrawals/Deposits.
  • Free Issuance of Cheque Book
  • Free Cheque clearance facility.
  • Free ABBS facility from any branch located anywhere in the country
  • No maintenance charge.
  • Free issuance of account statements as per requirement.
  • Evening Counter Service*.

*Kamalpokhari, Newroad & Birtamod Branch Only


Interest Capitalization Scheme: As on quarterly basis

 

Summary

Interest Rate

8-10 % 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

Corporate House and Institutions