A unique deposit scheme that offers the facility of banking at your doorstep. Amount should be deposit at least once in a month or more frequently as mutually agreed (between the bank and the depositor) for a specified period of time. On maturity you will get the principal amount along with half yearly compounded interest. The interest will be calculated on daily balance. This deposit scheme is especially designed to save your hard earned money for a specific purpose like business expansion, renovation of business premises, children’s education/ marriage etc.

Participation in the scheme
Any individual including minors can open this account.

Deposit Amount
Minimum amount to be deposited will be Rs 1000.00. Further amount can be deposited in multiples of Rs 500.00

Period of Deposit
12 months to 5 years .

Maturity Value
Paid in lumpsum at the time of maturity.

Premature Withdrawal
This shall be allowed at the rate of interest 1% less than the published rate for the deposited period or prescribed rate at the time of withdrawal (whichever is lower).

Loan

Loan available upto 90% of the deposited amount at 1.25% higher rate than the rate applicable on this deposit scheme.

Service offering branches:
Pulchowk Branch, Chabahil Branch, Teku Branch and New Road Branch