Basis

 Features

Maximum Age Limit/Target Customer

Children up to age of 18

Minimum Balance

Nil

Interest Rate

6.5% p. a (subject to change from time to time as per Bank’s decision)

Interest Payable

Quarterly on daily closing balance

Internet Banking

Free issuance for first year

Mobile Banking

Free issuance for first year

Demat/C-ASBA

Free registration

ABBS

Free up to 200K

dfl;s lgIf]k vftf Opening Facility

Customer can instruct to open dfl;s lgIf]k vftf as per their wish with this account.

Issuance of Cheque Book and Account Statement

Free on demand

Education Assurance

·Up to 4 times of annual average deposit or maximum of NPR 100,000 in case of accidental death of a parent for one time

·FD shall be open in the name of children from education claimant amount or can credited into saving account as per the wishes of children.

Monthly fee transfer facility among listed schools

Free Standing Instruction

Online Account Opening Facility

Available 

Conversion of Saving Deposit into Fixed Deposit of NPR 50,000 and above (in round figures of thousands) as per customer's instruction via IVR/Mobile Banking

Available

Other

·Special discount on Education Loan when minor turns into major

·Birthday wishes