header banner
ECONOMY

12 percent interest on Kumari Bank fixed-deposit accounts

KATHMANDU, Feb 15: Kumari Bank Ltd (KBL) has started a special fixed deposit account under which it will provide 12 percent interest rate.
By Republica

KATHMANDU, Feb 15: Kumari Bank Ltd (KBL) has started a special fixed deposit account under which it will provide 12 percent interest rate.


Related story

Lending slows as banks focus on recovery of loans at fiscal yea...


According to the bank, it will provide the interest amount on monthly basis. “Customers can open the fixed deposit account by depositing a minimum of Rs 100,000,” a statement issued by the bank said.


The bank will provide visa debit card and applications supported by blocked account (ASBA) service for free to its customers having fixed deposit account for a year, according to the statement.

 

Related Stories
ECONOMY

Sanima Bank raises interest rate on savings accoun...

ECONOMY

NIC Asia offers 12% interest on some fixed deposit...

ECONOMY

Citizens Bank International ups interest rate on s...

ECONOMY

NRB introduces new provision on interest rate; reg...

ECONOMY

All but two banks reduce interest on deposits

Trending

Top Videos

Bold Preety willing to fight for her musical career

Awareness among people on heart diseases has improved in Nepal’

Print still remains the numbers of one platform

Bringing home a gold medal is on my bucket

What is Nepal's roadmap to sage child rights