Everest launches pizza deposit scheme

KATHMANDU, OCT 18:

Everest Bank has launched a new fixed deposit product called ´Everest Pizza Deposit´ targeting individuals and institutions that provides flexibility in long-term investment. "This is a unique kind of fixed deposit scheme introduced for the first time in Nepal as it allows customers to withdraw up to 50 percent of the original deposits even before maturity, without any penal charge," a bank statement issued on Wednesday says. The product was launched to mark the 18th anniversary of the bank. To mark the occasion, the bank organized various programs including blood donation camp. The bank also gave away prizes to children of its staff members who scored highest in SLC and higher-secondary level exams, states the statement.

Source: Republica