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Global Sambriddha Awakas Recurring Deposit

"Global Sambriddha Awakash" is a recurring deposit specially designed for pensioners (only Nepalese citizens) to save and earn a high return.

"Global Sambriddha Awakash" is a recurring deposit specially designed for pensioners (only Nepalese citizens) to save and earn a high return. There is no specific requirement for a minimum deposit to get started, other than a commitment to deposit a minimum of 25% of the monthly pension amount.

Features

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Free Debit Card (1st year)
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Free Mobile Banking (First Year)
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Instant Loan Against Fixed Deposit facility up to 90% of deposit
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Instant advance loan facility (within an hour) equivalent to 12 month’s committed contribution or NPR 200,000 whichever is lower payable in EMI basis within 24 months (Base Rate or Coupon rate, whichever is higher +2% premium)
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Instant payout of the account balance with accrued interest, less outstanding loan and interest if any, in case of formal receipt of the notification as to the demise of the accountholder into the nominee account.

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