Sarbashrestha Bachat Khata- The NIC ASIA Goodwill Ambassador is an interest-yielding saving account designed for all customers, irrespective of gender and age, offering diverse financial services.
Product Features and Benefits
- Insurance benefits up to Rs 84 Lakhs.
- 5 year free annual charge on debit card / mobile banking /internet banking
- Free locker facility
- Free Cash Withdrawal/Balance Enquiry from any BFI’s ATM’s all
across the country. - Sweep In / Sweep Out Facility
- Free cash withdrawals from any ATMs in Nepal for five years.
- Pre-approved Loan Facility
*Terms and Condition may apply | The card offers are upto 5 years only. Fees and charges apply and may change.
Note
- In case of online account, the account holder shall be eligible for designated freebies/benefits only after maintaining of the minimum balance in the account.
Insurance Benefits
Particular | Benefits |
Accidental Insurance |
Rs. 40 lakhs (NPR 10 Lakhs to each account) |
Critical Illness |
Rs. 40 lakhs (NPR 10 Lakhs to each account) |
Medical Insurance |
Rs. 4 Lakh (OPD up to Rs. 80,000 and Hospitalization treatment up to Rs. 320,000) (NPR 1 Lakh to each account) |
Tenure of Insurance Facility |
5 Years |
Insurance Coverage for |
Account holder and Additional three persons as designated by account holder. Designated persons must have account under "Sarbashrestha Bundled Sahaj Bachat Khata" |
Wealth Maximization
Particular | Benefits |
DEMAT Account |
Free For Five Years |
MERO Share Charge |
Free For Five Years |
Portfolio Management Service Fee |
50% Discount for Five Years |
Flexi Fixed Facility |
Available (In excess of Rs. 200K) |
Flexi Fixed Interest Rate (%) |
As per published Interest Rate |
Prematurity Charge (%) |
Difference between FD & saving interest rate (At present 3 %) |
Digital and Transaction Banking
Particular | Benefits |
Debit Card |
Free for Five Years |
Mobile Banking |
Free for Five Years |
Internet Banking |
Free for Five Years |
Credit Card Limit (In Rs) |
Up to 500,000 |
Credit Card Joining and Issuance Fee |
Free |
Credit Card Annual Fee |
Free for Five Years |
Prepaid Dollar Card |
Free for Five years |
E-Commerce Activation and Annual Charge |
Free for Five years |
Cheque Processing |
Free for Five Years |
RTGS |
Free for Five Years |
IPS/CIPS |
Free for Five Years |
Locker Rentals |
100% Locker Fee Free for Five Years |
Locker Margin |
100% Waiver for Five Years |
FCY Exchange rebate/premium (limited to USD, GBP, EUR, CAD and AUD only) |
25 paisa |
ATM Cash Withdrawal (Domestic Bank) |
Free for Five Years |
ATM Balance Inquiry (Domestic Bank) |
Free for Five Years |
Loan Related Benefits
Particular | Benefits |
Pre-approved Loan Limit (Times of 3 Months Average balance) |
10 |
Premium Over Base Rate on above loan limit (%) |
1 |
Loan Processing Fee (%) |
0.25 |
Privilege Banking
Particular | Benefits |
Guaranteed Service Delivery (In Mins) |
50% of Standard |
Compensation for waiting time beyond TAT(In Rs. per instance) |
10 |
Dedicated Relationship Management |
Available |
With our digital transaction services, you can easily make payments at over 1,000+ merchant outlets.
Required Documents
Original Citizenship/ Voter ID / Driving License
PP size photo
