Saugat Bachat Khata

“Saugat Bachat Kahta” is a unique product, which has integration of both saving and fixed deposit feature. The bank introduced “Saughat Bachat Khata” where the customer will get interest rate on saving account varies from 3% p.a. to 10.00% p.a. depending on time period. In this method we have two features in one saving account i.e. saving nature and fixed account nature. In this account type we have sweep in and sweep out facility from saving to fixed.

Product Nature:     :    Composition of Saving & Fixed Deposit
Minimum Balance    :     Account is opened at minimum balance of NPR 5000/-.

Features of Product: -
The bank would provide the facility of automatic transfer of balance from saving account to FDR. In case the customer withdraws the amount from this account then it will be treated as under

.-   First, the balance available upto Rs. 50,000/- in the account would be utilized;
-    For further needs, withdrawal will be allowed from Fixed Deposit in the multiples of Rs. 25,000/- as per the requirement of the customer.

Interest rate offer     
3% p.a. interest rate on Saving Account at the time of Opening
From 30 days to 90 days 7.00% p.a. interest rate   
From 91 days to 179 days 8.25% p.a. interest rate
From 180 days to 360 days 10.00% interest rate

Other Facilities

• Issuance of Debit Card at concession rate of NPR 100/-
• Free Issuance of Cheque book
• Free Internet banking
• Mobile recharge and bill payment through SMS
• Joint account facility