Professional Saving Account

Eligibility Criteria: 

• Any individual who is associated with professional associations listed under the bank.
• Such professional associations must have an agreement with the Bank after which the accounts of associated members can be opened under this product.

Features of Professional Saving Account (PSA):

• Minimum Balance: NPR 1000
• Debit Card: Free for 1^st Year and 50% waiver on STC from 2nd year onward
• Mobile & Internet Banking: Free for 1^st year and  50% waiver on STC from 2nd year onward
• Locker Facility: 
  • Security Margin: As per STC
  • Annual Fee- 50% waiver on STC
• Demat and Meroshare: Free for 1st year and charges as per STC from 2nd year onwards
• Insurance Coverage: 
  • Accidental Death: 10 Lakhs 
  • Critical Illness: Coverage of NRP 1 Lakh
  • Medical Insurance: Up to NPR 1 Lakh p.a.
• Credit Card: 
  • Joining Fee: Free
  • Annual Fee: Free for 1st year and 50% waiver on STC from 2nd year onwards

*Conditions applied

Below listed Professional Association members (tie-ups with Kumari Bank) are only eligible to open account into this scheme.