Kathmandu. Shangri-La Development Bank Limited has launched the Buddha Bhumi Savings Account with high and attractive interest rates. The bank believes that this account, which has been operational since Chaitra 1, is an opportunity for the common Nepali citizen to inculcate the habit of saving and get good returns on their hard work.
In this account, which can be opened with a minimum balance of Rs. 5,000, the customer will get the maximum interest (currently 5 percent) provided by the bank, and the interest will be calculated daily and deposited in the account every quarter. This account can be opened by all citizens who have reached the age of 18.
Customers who open this account will get free checks, Visa debit cards, mobile banking and SMS services, as well as use the banking facilities of any branch of Shangri-La Development Bank. Customers who open this account will also be provided with the facility of opening a free demat account and registering their shares, and a 50 percent discount will be available on the locker facility for the first year.
Due to the strong trust and confidence of the customers, Sagrila Development Bank is currently providing services through 112 branch offices and 30 ATMs across the country. Sagrila Development Bank, which has been following the best practices of corporate governance, risk management and internal control systems, is committed to improving the quality of its services in the coming days.
