Sarbashrestha Payroll Bachat Khata is a corporate salary account for the employees of an institution offering effective salary management.
Product Features and Benefits
- Insurance benefits up to Rs 84 Lakhs. (Insurance partner IGI Prudential Insurance Limited)
- 5 years 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. - Special Concessions on Interest Rate
- Special Concessions on Administrative Fees
- Pre-approved Loan Facility
*Terms and Conditions may apply | The card offers are upto 5 years only. Fees and charges apply and may change.
Number of Employee
| The NIC ASIA Goodwill Ambassador | The Pride of NIC ASIA Bank | The Partner of NIC ASIA Bank | General |
|
Institutions with 5,000 and above |
Institutions with 500 to 4,999 |
Institutions with 50 to 499 |
Institutions with Below 50 |
Insurance Benefits
| Particulars | The NIC ASIA Goodwill Ambassador | The Pride of NIC ASIA Bank | The Partner of NIC ASIA Bank | General |
|
Accidental Insurance |
Rs. 40 lakhs (NPR 10 Lakhs to each account) |
NPR 20 Lakhs (NPR 10 Lakhs to each account) |
NPR 10 Lakhs |
Not Available |
|
Critical Illness |
Rs. 40 lakhs (NPR 10 Lakhs to each account) |
NPR 20 Lakhs (NPR 10 Lakhs to each account) |
NPR 10 Lakhs |
Not Available |
|
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) |
NPR 2 Lakh (OPD up to NPR 40,000 and Hospitalization treatment up to NPR 160,000)
(NPR 1 Lakh to each account) |
NPR 1 Lakh (OPD up to NPR 20,000 and Hospitalization treatment up to NPR 80,000) |
Not Available |
|
Tenure of Insurance Facility |
5 Years |
1 Year |
1 Year |
Not Available |
|
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" |
Account holder and Additional one person as designated by account holder.
Designated person must have account under "Sarbashrestha Payroll Bundled Sahaj Bachat Khata" |
Account Holder Only |
Not Applicable |
Wealth Maximization
| Particular | The NIC ASIA Goodwill Ambassador | The Pride of NIC ASIA Bank | The Partner of NIC ASIA Bank | General |
|
DEMAT Account |
Free For Five Years |
Free For One Year |
Free For One Year |
Not Available |
|
MERO Share Charge |
Free For Five Years |
Free For One Year |
Free For One Year |
Not Available |
|
Portfolio Management Service Fee |
50% Discount for Five Years |
50% Discount for One Year |
50% Discount for One Year |
Not Available |
|
Flexi Fixed Facility |
Available (In excess of NPR 200K) |
Not Available |
Not Available |
Not Available |
|
Flexi Fixed Interest Rate (%) |
As per published Interest Rate |
Not Applicable |
Not Applicable |
Not Applicable |
|
Prematurity Charge (%) |
Difference between FD and saving interest rate (At Present 3%) |
Not Applicable |
Not Applicable |
Not Applicable |
Digital and Transaction Banking
| Particular | The NIC ASIA Goodwill Ambassador | The Pride of NIC ASIA Bank | The Partner of NIC ASIA Bank | General |
|
Debit Card |
Free for Five Years |
Free for One Year |
Free for One Year |
Free for One Year |
|
Mobile Banking |
Free for Five Years |
Free for One Year |
Free for One Year |
Free for One Year |
|
Internet Banking |
Free for Five Years |
Free for One Year |
Free for One Year |
Not Available |
|
Credit Card Limit (In Rs) |
Upto 500,000 |
Upto 500,000 |
Upto 500,000 |
Not Available |
|
Credit Card Joining and Issuance Fee |
Free |
Free |
Free |
Not Available |
|
Credit Card Annual Fee |
Free for Five Years |
Free for One Year |
Free for One Year |
Not Available |
|
Prepaid Dollar Card |
Free for Five years |
Free for One Year |
Free for One Year |
Not Available |
|
E-Commerce Activation and Annual Charge |
Free for Five Years |
Free for One Year |
Free for One Year |
Not Available |
|
Cheque Processing |
Free for Five Years |
Free for One Year |
Free for One Year |
Not Available |
|
RTGS |
Free for Five Years |
Free for One Year |
Free for One Year |
Not Available |
|
IPS/CIPS |
Free for Five Years |
Free for One Year |
Free for One Year |
Not Available |
|
Locker Rentals |
100% Locker Fee Free for Five Years |
100% Locker Fee Free for One Year |
100% Locker Fee Free for One Year |
Not Available |
|
Locker Margin |
100% Waiver for Five Years |
100% Waiver for One Year |
100% Waiver for One Year |
Not Available |
|
FCY Exchange rebate/premium (limited to USD, GBP, EUR, CAD and AUD only) |
25 paisa |
25 paisa |
25 paisa |
Not Available |
|
ATM Cash Withdrawal (Domestic Bank) |
Free for Five Years |
Free for One Year |
Free for One Year |
Not Available |
|
ATM Balance Inquiry (Domestic Bank) |
Free for Five Years |
Free for One Year |
Free for One Year |
Not Available |
Loan Related Benefits
| Particular | The NIC ASIA Goodwill Ambassador | The Pride of NIC ASIA Bank | The Partner of NIC ASIA Bank | General |
|
Pre-approved Loan Limit (Times of 3 Months Average balance) |
10 |
10 |
10 |
Not Available |
|
Premium Over Base Rate on above loan limit (%) |
1 |
1 |
1 |
Not Available |
|
Loan Processing Fee (%) |
0.25 |
0.25 |
0.25 |
Not Available |
Privilege Banking
| Particular | The NIC ASIA Goodwill Ambassador | The Pride of NIC ASIA Bank | The Partner of NIC ASIA Bank | General |
|
Guaranteed Service Delivery (In Mins) |
50% of Standard |
50% of Standard |
50% of Standard |
Not Available |
|
Compensation for waiting time beyond TAT(In Rs. per instance) |
10 |
10 |
10 |
Not Available |
|
Dedicated Relationship Management |
Available |
Available |
Available |
Not Available |
With our digital transaction services, you can easily make payments at over 1,000+ merchant outlets.
Required Documents
PP size photo
Original Citizenship/ Voter ID / Driving License
In case Non Resident Nepalese (NRN), NRN card
