Eligibility

Nepalese Minors whose age below or equivalent up to 16 Years Only.

Documentation

Birth Certificate for Minors.

Photograph of the nominee.

Signature of the nominee.

Can be opened with a Minimum Balance of NPR. 5,000.

Penal interest is levied on withdrawal of fixed deposit prior to maturity.

Quarterly Interest Capitalized.

Net Amount (After Tax) will be paid to Customer after maturity period.

Tax is deducted at source from the interest on saving deposit as per the income Tax Act, 2058 (2001).

Nomination facility is available.

Tenure : 5 Years

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