Introduction

Sunrise Payroll Savings Account aims to provide the financial services to the salaried staffs and shall facilitate to overcome the traditional way of distributing the salary of employees framed in the most safest and convenient ways.

Product Description

Interest Rate: 4.00% p.a.
Interest Calculation: On Daily Basis, Quarterly compounding
Minimum Balance: NPR 100.00

Facilities

Free Account Statement, Cheque Book and Internet Banking facility.
8 am to 8 pm Banking & 365 Days Banking Service from Privileged Branches
Free Visa Debit Card Charge for the first year only.
Free Mobile Banking charge for the first year only.
Waiver of 0.25% on Loan processing fee (Lowest to be 0.50% flat and is subject to changes as per the changes in Schedule of Fees and Commission)
Insurance coverage shall be limited to 4 times of monthly minimum balance (Nepali Calendar) or NPR 500,000.00 (In words: Five Hundred Thousand Only) whichever is less in case of Accidental Death or/and Permanent Disability.
The health insurance facility shall be up to 25% of weighted average deposit during last 365 days of saving deposit or the bill amount whichever is lower, with a maximum limitation of Rs. 1,00,000 (In Words: One Lac Only) only hospitalized case once in a year

Salient Features

Organization can make entries and post the monthly salary of staffs through internet banking and no need to visit Bank/Branch. This feature is new to any saving products and is in-built in the Internet Banking facility.

Internet Banking Login »