Foreign Employment IPO Saving Account

Online Application
  • 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

Apply Now
Fd Rates
Fixed Deposits

9.00%

Less Than 2 Cr

Individual Deposit (2 Yrs < 30 Mth)

9.00%

Less Than 2 Cr

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