NIBL brings ‘Gajjab Chha Fixed Deposit Account’ on 36th anniversary

KATHMANDU: Nepal Investment Bank Limited has brought 'NIBL Gajjab Chha Fixed Deposit Account' for its clients, on the occasion of the bank's 36th anniversary. The bank is offering this product with the aim of encouraging financial stability and saving habits amongst future generations. The product is ideal for salaried professionals, parents and guardians and promises to be a vital source of financial injection in dire times for individuals who are looking to secure their own and their children's future. Multiple 'Gajjab Chha Fixed Deposit Accounts' can be opened. The minimum amount to be deposited is Rs 10,000 while the maximum is Rs 5 million.  The amount deposited will multiply by six times in 20 years. The client can obtain 'Credit card' up to FD amount with waiver on issuance charge. Likewise, loan against 'Gajjab Chha Fixed Deposit' can be extended up to 90% of cumulative balance in Fixed Deposit account as shown in account balance. NIBL has been providing banking services to its customer from 88 branches, 131 ATMs, 21 extension counters, 10 revenue collection counters and 58 branchless banking counters across the country. The Bank, being the recipient of five 'Bank of the Year' awards for exemplary service and business, was accredited with Euromoney awards for “Best Bank 2018” and “Best Bank 2021” from the international publication — Euromoney. Further, ICRA Nepal (International Credit Rating Agency- Nepal) has given the bank a credit rating of 'A' class. READ ALSO: 

• Nepal Investment Bank receives Euromoney Award for Excellence 2021
• NIBL partners with FOCUSONE for first card-based Scan to Pay solution in Nepal
• NIBL launches ‘Thaili’