Any Nepalese individual who is residing in foreign country or who is receiving funds through remittance income.
Family Members (as defined by NRB) who are receiving amount in the form of remittance are eligible.
Features:
Minimum Balance: NPR 5,000/-
Debit Card: Free for 1st year and charges as per STC from 2nd year onwards.
Free cash withdrawal from any ATM in Nepal.
Locker facility:
Security Margin: As per STC
Annual Fee: As per STC
Internet Banking & Mobile Banking: Free for 1st year. Charges as per STC from 2nd year onwards.
Demat and Meroshare: 1st year free
Insurance Coverage:
Accidental Insurance/Permanent Total Disability cover rate: NPR 7 Lakhs
Remit Interest Rate in Fixed deposit: The account holder & beneficiary who are receiving the amount in the form of a remittance are eligible to get Remit Rate.
Remit CRN: Permitted to get Remit CRN with documentary evidence of work permit, valid pp/visa and any other required documents as per bank/regulatory bodies.