Press Release

Everest Bank Launched New Saving Product-Saugat Bachat Khata

May 24, 2010

Everest Bank has launched a new saving product –Saugat Bachat Khata to attract new customer who wants high yield on his/her savings. The product is hybrid of normal saving and fixed deposit. Under the scheme, a customer can enjoyed up to 10% interest on his/her deposit. Minimum deposit for the account is NPR 5000/-. After certain deposit, amount in multiple of 25000/- will be automatically transfer to fixed deposit on which interest rate is up to 10%. A customer can withdraw his/her balance at any time without any hassle through the cheque. The bank is providing the services through its 36 branch network which is spread through out the nation.