Particulars

 Features

Target segment

Student having valid student identity card with age of 18 and above.

Minimum Balance 

Zero

Interest Rate

6.50% p.a.      (Subject to change from time to time as per the published interest rate of the Bank)

Interest Calculation

Daily balance 

Interest Capitalization Cycle

Quarterly

Visa Card

Free for the first year and as per STC thereafter.

Internet Banking

Free for the first year and as per STC thereafter

Mobile Banking

Free for the first year and as per STC thereafter.

Free cash Back

Free cash back of Rs 100 directly to the account on activation of Mobile Banking Facility 

ABBS Facility

Free up to 500K per day

Cheque book and A/C Statement 

Free on demand

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

Education Loan Facility

Interest Rate: BR + up to 3%

All relevant terms shall be as guided by PPG on Retail Loans