Kathmandu. Kumari Bank has launched a deposit scheme called Green Savings Deposit Account to support the national and international commitments to achieve the Sustainable Development Goals through its services, facilities, processes and business partnerships.
Based on the principle of ‘One Account, One Tree’, for every account opened, one tree will be planted by the bank, so every depositor will have an indirect stake in the protection and promotion of the environment and the account holders will also get the following attractive facilities:
The interest rate is 0.25 percent higher than that of ordinary savings
account.
Insurance up to one lakh
Free mobile banking service for two years
Phone loan facility up to two lakh (as per eligibility)
One tree will be planted for every account opened under this scheme
According to Arpan Poudel, head of the bank’s Sustainable Banking Department, the deposit collected from this scheme will have a dual impact on environment conservation as the deposit collected from this scheme will be used to promote sustainable development, disburse loans in areas that create positive impact on the environment and plant a tree for each account. The bank has made this offer available at all branches and interested customers can contact the bank’s website or any nearby branches for details.
Kumari Bank has been continuously rendering banking services for the past 24 years through its 302 branches, 317 ATMs, 50 extension counters and 48 branchless banking units all over the country by participating in various projects under its corporate social responsibility (CSR) activities and has been providing state-of-the-art banking services to its customers and will further simplify the times to come. It has also pledged to collaborate for easy and excellent service.
