Samriddha Naari Recurring Deposit Account

Samriddha Naari Recurring Deposit Account

We highly value women and womenhood. Thus, so as to meet the special and regular saving need of women, this deposit account has been designed. With “Samriddha Naari Recurring Deposit Account", you can earn high interest along with other banking and beyond banking facilities.

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  • Minimum balance NPR 25,000.00 & no limitation on maximum amount
  • After initial deposit, any amount as installment in the multiple of NPR 25,000 can be deposited every month before maturity
  • Automatic deposition of accumulated installment in nominee account if installment due for 2 months
  • Tenure: 3 months to 1 years
  • Interest rate - equals to individual fixed deposit account
  • Online account opening facility
  • 100% discount on Locker fee for 1 year (Upon availability), subject to tenure proportion if account opened for less than 1 year
  • 100% discount on processing fee of Home Loan facility
  • Instant loan facility up to 90% of the recurring deposit amount after 3 months.
  • Interest calculation: On daily closing balance and paid quarterly
  • Free credit card issuance (Subject to eligibility)
  • Accidental Insurance up to Rs. 10,00,000
  • Premature facility at premature charge of 1% of interest rate applicable at the time of prematurity after deposition of at least 6 installment

Documents Required

  • Personal identification such as passport/citizenship
  • Recent passport size photographs of account holder
  • Additional identification document of account holder such as utility bill (electricity/telephone) or PAN card or driving license or voter identity card etc. for KYC purpose
  • Declaration of nominee with personal identification and PP size photograph