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 evidence of employment related documents:
  • Valid Passport
  • Valid Visa
  • Valid work permit
  • 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.