- Interest Rate: Highly Attractive Interest Rate
- Minimum Balance: 1000
- Interest Payment: quaterly
FOREIGN EMPLOYMENT IPO SAVING ACCOUNT is a product especially designed in line with the recent Sixth Amendment in Dhitopatra Niskasan Tatha Baadfaad Directives. 2079 (dated 2079-07-17) issued by Securities Board of Nepal, which states that all public organizations should reserve 10% of its total Initial Public Offering to Nepalese citizens gone abroad for foreign employment. The Nepalese citizens gone abroad for foreign employment must have employment approval from concerned government authority.
Eligibility:
- Individual above 18 years
- Individual in abroad for foreign employment
- One should send fifty thousand and above amont thru remit from the country they are employed within six months timefram, for IPO application eligibility.
Document Require:
- As per operational manual/ AML& CFT manual and policy/NRB directives.
- Visa copy/temprorary residence copy
- Foreign employment permission letter
Features:
- Free ABBS Facility-Can be revised by Management
- Free Cheque Book
- Free Account Statement
- Free C-ASBA facility
- Free DEMAT account
- Free Mero Share Registration
- Access to SMS and Mobile banking & Internet Banking
- Access to Connect IPS facility
- Access to Debit card (for ATM, and POS transactions)
For further details, contact 16600145444