Recurring Deposit is a flexi Deposit account
that provides an attractive interest rate whereby which the customer who have
maintained the saving account can arrange the periodic savings and accumulate
them into a single Recurring Deposit Scheme.
Features
· Minimum Balance: Minimum of NPR 500/- or in the multiple of NPR 500/- per
month
· Interest Accrual Basis : On daily basis
· Interest Payment Frequency : Quarterly
· Interest Rate: As per Published rate by the Bank from time to time
· Charges:
In case account holder is not able to deposit monthly funds, no any
fines/charge is charged.
· Tenure: Minimum 6 Month
Eligibility : All individuals ( Account can be opened by minor and jointly) having saving account maintained with Bank.
Timrai Lagi Fixed Deposit
