EBL 23 years of Banking
Forex:

US DOLLAR 1 Buying 114.85 Selling 115.45

GB POUND 1 Buying 151.86 Selling 153.78

SWISS FRANC 1 Buying 119.23 Selling 120.44

AUSTRALIAN DOLLAR 1 Buying 85.15 Selling 86.01

CANADIAN DOLLAR 1 Buying 88.57 Selling 89.47

SINGAPORE DOLLAR 1 Buying 83.83 Selling 84.67

HONGKONG DOLLAR 1 Buying 14.61 Selling 14.76

JAPANESE YEN 10 Buying 10.15 Selling 10.33

EURO 1 Buying 134.55 Selling 135.91

CHINESE RENMINBI 1 Buying 16.71 Selling 16.88

THAI BHAT 1 Buying 3.53 Selling 3.57

KOREAN WON 10 Buying 1.01 Selling 1.03

SAUDI RIYAL 1 Buying 30.48 Selling 30.78

QATARI RIYAL 1 Buying 31.40 Selling 31.72

As per 2018-09-21 | View All

SADICHHA Recurring Deposit

The new scheme has been launched with an objective to mobilize small deposits from youngsters in the form of regular savings for their future investments. This scheme is most suitable for accumulating regular small savings into handsome amount and one can plan for a large investment in future. Even parents can open the account in the name of their children to accumulate fund to finance higher studies of the children.

Target Customer:

· Children in the age between 1 day to 16 years

Attractive Features:

· Additional 0.50% interest rate will be provided over the normal rate as Education Bonus to the children. (The branch shall input 0.50% at A/c Preferential Cr. at the time of opening the account).

· This account has been linked with CSR initiative and thus, the bank will provide Rs.5.00 for every account to raise fund for helpless & needy people. Every year on annual day function, the fund will be donated to Orphan house/Schools/child activists etc.

Eligibility:

· Account can be opened in the name of the children under guardianship of the Parent.

· More than one account can be opened.

· Having savings account of the parent/child is essential from which monthly installment will be debited after receiving standing instruction authority.

Minimum Deposit:

· Minimum monthly installment of Rs.1,000.00 to Maximum Rs.10,000.00 (in multiples of thousand)

Interest Rate: As per Normal Fixed Deposit rate

Period: Minimum 1 year to maximum 10 yrs (in multiple of 1 year)

Maturity Value:

· At maturity, the depositors will get the predetermined amount which include principal amount along with interest calculated on daily basis & compounded on quarterly intervals. (The branches will be provided with the excel sheet by ICT Department for calculation of maturity value).

Late Deposit Charge: In case of late deposit of monthly installment, penal charge of Rs.50 will be levied per installment.

Premature Withdrawal: In case of payment before maturity, interest payable in respect of such deposit shall be 1% less than the rate applicable for actual deposit period or at contracted rate, whichever is lower.

Borrowing Facility:

· Depositors may borrow up to 90% of their accumulated deposit at interest rate of 1.5% above the deposit rate besides premature withdrawal facility completely for the benefit of the child.

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