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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*.
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 |
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