"New Premium Super Chamatkarik Mashik Nichhep Khata is a specific product targeted for individual customers with attractive interest along with quarterly interest payment. This product has two variants; Normal and Customized"
"New Premium Super Chamatkarik Masik Nichhep Khata" is a special kind of term deposit offered by NIC ASIA Bank to its customers with regular incomes that enables them to transfer a certain amount every month into their Premium Masik Nichhep account from other normal accounts and earn interest at the rate applicable to fixed deposits.
This deposit facility is available to those individuals who have a saving account with NIC ASIA Bank. A customer with pre-existing savings account at NIC ASIA Bank can instruct the Bank to transfer a certain portion of their monthly income (in the multiple of 500) to PremiumMasik Nichhep Khata. The advantage for the customer is that they can earn an interest rate of 6.50% in Premium Masik Nichhep Khata.
All Nepalese individual customers including minors are eligible to open this account. The minimum period of deposit is 3 months and the maximum is 10 years but the pre-mature withdrawal of Premium Masik Nichhep Khata is allowed if the period of the Premium Masik Nichhep Khata has crossed 50% of the agreed duration.