By Our Reporter
Kumari Bank Limited has presented its new saving product “Kumari Pariwar Surakshya Bachat Khata”. This product has been launched for the first time in Nepal, which offers: saving account for either of the father or the mother, which in turn offers insurance for the couple, and their two children. The minimum deposit balance for this account is Rs 10,000/-, and for 6.50% interest per annum. The account offers insurance coverage up to Rs 26 lakh to the family members including accidental death insurance and permanent total disability for couple; medical insurance for a family of four; and Iinsurance against 10 critical illnesses. This account offers free internet banking, free mobile banking for the first year and charges as per STC from second year, and free VISA Debit Card for first year and charges as per STC from second year.