Kumari Remit IPO Saving Account

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    Features of Kumari Remit IPO Saving Account:

    • Minimum Balance:- NPR 1,000/-
    • Can open additional savings account as operating account.
    • Debit Card :- Free for 1st year and as per STC from 2nd year onwards.
    • Mobile & Internet Banking :-  Free for 1st year and as per STC from 2nd year onwards.
    • Cash deposit from branch counter are restricted.

    *Conditions applied

    Eligibility Criteria: 

    • Any Nepalese citizen with a source of income in a foreign country may open a Kumari Remit IPO Savings Account by submitting the relevant documents listed below:
    • Evidence of employment-related documentation, such as a passport, visa, and valid work permit.
    • The account holder must meet the following requirements in order to be qualified for an IPO application through Remit IPO:
    • They must have received NPR 50,000 or more within the previous six months as of the IPO application date.
    • Must have transfer the necessary funds from the sendor's working country to the same remittance account through a valid remittance medium (such as SWIFT, wire transfers, international money transfers, etc.).
    • The sender and account holder must be the same person.