Young Savers Account



Young Savers Account helps you save not only your child’s happiness, education and other essentials but also ensures that your child learns to manage money and also the habit of saving for rainy days. This account is exclusively designed for children below the age of 16.

Minimum Balance:
NPR 100
Interest Rate


Features:
  • Competitive interest rates on your savings. Interest in this account is calculated on a daily balance basis and capitalized on quarterly basis.
  • Free internet banking for the first two years to help you utilize and experience fund transfer, bill payment, monitor your account from anywhere and anytime at your own comfort.
  • Free mobile banking charge for first two years
  • VISA Debit Card Rs 1250 if customers opt to pay in 5 installments (ie. Rs 250 per year). For lumpsum payment, customers hall get Rs. 250 discount  (i.e. issuance charge of Rs. 1000)
(Note: As this account considers minor as account holders as well, once the minor customer trurns into major i.e. completes 16 years of age and submitts citiizenship, related documents will be obtained by the bank from customer and this account will udpate after that)

(All the deposit accounts opened at NMB Bank Limited are insured by Deposit and Credit Guarantee Corporation of Nepal up to NPR 200,000 per account holder)