NBB Special Fixed Deposit Launched
Press Release
Launch of a Fixed Deposit Product by Nepal Bangladesh Bank Ltd.
Nepal Banladesh Bank Ltd. (NB Bank) has launched a special 2 years Fixed Deposit Scheme with attractive Interest on Fixed Deposit called Panch Ko Panch Faida on 7th February 2010. The principle amount of scheme is Rs.555,000.00 and depositor will get 24 equal Interest amount of Rs.5,000.00 irrespective of days in the month along with Rs.5,000.00 bonus interest payable at maturity of Fixed Deposit. The rate of Interest on this Fixed Deposit is more than 11.50% p.a and tenure of scheme is for 55 days only. The details of features of this scheme is as follows:
- Rs.555,000.00 Principal of Fixed Deposit
- Rs.5,000.00 Equal monthly interest on Fixed Deposit
- Rs.5,000.00 Bonus Interest on Fixed Deposit payable at Maturity
- Upto Rs.500,000.00 loan will be provided to the depositor with 0.50% interest rebate on published rate
- 50% Discount on DD/TT commission
- 5 additional Facilities
o Free ABBS
o Free ATM/Debit Card
o Special Discount on Locker Facilty
o Medical Insurance upto Rs.10,000.00*
o Accidental Insurance upto Rs.500000.00*
(Note: Medical/accidental insurance coverage shall be applicable only incase of opening of checking account inform of normal saving account, Saving Plus and Grihini Bachat Khata)
This tenure of scheme is available for 55 days (starting from 07.02.2010)
Newly Launched "NBB Share Dhani Bachat Khata "
NB Sharedhani Bachat Khata
Eligibility : Shareholder of NB Bank
Minimum Balance : Rs. 1,000.00
Interest Rate : 7.00% P.A.
Interest calculation : Monthly Average Balance (Equivalent to daily Balance)
Interest posting frq : Quarterly (4 times in a year)
Medical Insurance : Upto 10,000.00 once a year*
Accidental Insurance Coverage : Upto Rs. 500,000.00 **
ABBS Facility : Free
ATM Card : Free
Withdrawal Limit : Unlimited Note:
* Condition apply
* *Once any Nepalese Citizen opens a saving deposit account with NB Bank, the account holder is insured under accidental Death Insurance policy for maximum of 2 times of account balance or Rs.500,000.00 whichever is lower.
NBB SMS Banking has been relaunched with 4 digit number. (6694)
NB Bank has relaunched it's SMS banking service.. You are requested to fill form once again from your branch.
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