Remittance Fixed deposit is an Individual Fixed Deposit scheme exclusively designed for the fund that comes from abroad via Banking and Remittance Channel.
Features
| Minimum Amount | NPR 50,000/- and above |
| Interest Rate | As per published interest rate of Bank |
| Tenure | 3 months and above Or As per Published interest rate of Bank |
| Interest Calculation Loan | Interest calculation on daily basis while payment is subject to published interest rate |
| Loan against FD | 90% of existing FD balance amount in FD can be availed for loan facility |
Required Documents
Any documents evidencing that the deposit transferred from abroad through remittance/banking channels (in the form of vouchers, credit advice, bank statement etc.) maintained in any account of the bank. The amount should exclusively be verified of coming through remittance/ international banking channels.
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