Sunrise Bal Bachat Kosh

Introduction

Sunrise Bal Bachat Savings Account enables parents who wish to deposit amount in their children's account that could be useful later in their life such as to meet educational expenses and others. As children grow older and reach age of 16, the deposited amount is allowed to withdraw. The product inculcates saving habits among children.

Product Description

  • Tenure: Till children reach age of 16
  • Interest Rate: 4.00% per annum
  • Interest Calculation: On Daily basis & Yearly compounding
  • Minimum Balance: NPR 100.00
  • Deposit Limitation: None

Facilities

  • Free SMS Banking
  • Free E-Banking,
  • Free VISA Debit Card for the first year only
  • 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 or 150 exclusion daycare treatments once in a year.

How to use ATM
Contact Us

P.O. Box: 15203

Gairidhara Crossing, Kathmandu, Nepal

Tel: 4004560, 4004561, 4004562

Fax: 977-1-4422475

Email: info@sunrisebank.com.np

SWIFT: SRBLNPKA
Toll Free # 16600122444

Social Networks

Online Payment Partner

Subsidiary of Sunrise Bank