Product Features/Benefits:
- Bank will deposit NPR 100/- in the account
- Minimum Balance: NPR 100
- Interest Payment Frequency: Quarterly
- Simplified account opening form
- Annual transaction limit of the account shall be NPR 100,000.00. Customer needs to change/convert account category if the transaction exceeds NPR 100,000.00. Customer needs to provide additional information by filling up Bank’s standard account opening form
- Customer having bank account with any BFIs shall not be eligible for this account. Declaration regarding same is included on separately designed account opening form
Documents Required :
- Duly filled Simplified Account Opening Form
- Any Identification document such as Citizenship, Passport, Voter's Identity card bearing photo, Driving License etc. issued by Government of Nepal
- Birth Certificate (in case of Minors) along with identification documents of the parents/guardians who will operate the account
- Duly filled self-declaration form
- Two recent Passport (PP) size photographs of the account holder
- Identification documents of Nominee along with PP size photograph of the Nominee
- Duly filled KYC form (as and when required)
- Any other documents specified by NRB from time to time
