12 percent interest on Kumari Bank fixed-deposit accounts

Published On: February 16, 2017 11:01 AM NPT By: Republica  | @RepublicaNepal

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

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.

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