Product Features:-
a) There will be account opened in the name Natural Person only.
b) The “ Mach 7 Saving Deposit Account” may be opened with
a minimum balance of NPR 25,000.00
c) The account will provide interest @ 7.00% per annum with interest calculated
on a daily balance and the interest credited on a quarterly basis.
d) This account can be opened in Local currency only..
e ) All other rules of bank set for Savings account shall be applicable
to this account.
f ) This account will have following limitations or restrictions (which
needs to be put in the Account opening form):
i) The account can be opened with a minimum account opening balance of
NPR 25,000.00.
ii) Anywhere Banking Facility will be available to this account type.
iii) 50% discount in Locker Charge. However, Security (Margin) Deposit
for Locker is required.
iv) Free Net Banking for account operators.
v) Account Closure Charge will be charged as normal.
vi) 50% discount in ATM issuance Charge.
vii) Mobile Banking will be provided free of Charge.
viii) Account Holder's Telephone Bill Payment Service will be free of
Charge.
ix) 50% Discount in TC issuance charge.
x) Ledger charge will be NPR 250 in case of not maintaing minimum balance.
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