Global Sambriddha Awakas Recurring Deposit

 
“Global Sambriddha Awakash” Recurring Deposit
Eligibility All Pensioners (Nepalese Citizens Only)
Currency NPR
Minimum Balance No specific requirement with a commitment to deposit minimum of 25% of the monthly pension amount.
Additional deposit of any amount can be topped up in the account
Interest rate* Click the link for published interest rate
https://globalimebank.com/reports/interest-rate.html
Interest Calculation           On daily balance
Interest payment frequency Quarterly (B.S. Calendar)
Interest to be posted in the nominee (savings) account in quarterly basis unless agreed to top up automatically.
Tenure 1 year to 5 years (top up not to be allowed before three month of maturity)
Checking Account All type of savings account
Documents required
  • Application to open FD account
  • Copy of Pension card
Key Features
  • Free Debit Card
  • Free Mobile Banking
  • Loan Against Fixed Deposit – Instant loan facility (within an hour) up to 90% of the fixed deposit amount (Base rate or Coupon rate, whichever is higher +1% premium) payable in EMI basis within maturity of FD.
  • Additional – Instant advance loan facility (within an hour) equivalent to 12 month’s committed contribution or NPR 200,000 whichever is lower payable in EMI basis within 24 months (Base Rate or Coupon rate, whichever is higher +2% premium)
  • Instant Loan facilities shall be available through online processing
  • Instant payout of the account balance with accrued interest, less outstanding loan and interest if any, in case of formal receipt of the notification as to the demise of the accountholder into the nominee account.
Additional Offers
  • Privileged / personalized service will be provided by the branch
  • 100% Waiver in loan processing fee (above mentioned loan)
  • Personal Home Service for opening of account
  • Free Issuance of Credit Card upon request
  • Accidental Insurance of NPR 100,000.00
  • Both deposit product and loan product shall be availed through digital channels (mobile banking and internet banking)
Notes:
  • Charges will not be refunded if the customer has already availed debit / credit card and mobile banking.
If you are interested, please visit our nearest branch or Click Here and provide your contact information so we can get back to you.

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