Kailash Bikas Bank launches Silver Jubilee saving products; providing 8.5% for saving a/c and 12% for 3 months FD product

Sun, Feb 25, 2018 1:43 PM on Latest, Featured,
Kailash Bikas Bank has brought Kailash Silver Jubilee Saving Scheme to the market. To celebrate its 25th Anniversary, the development bank has come up with attractive saving and fixed deposit products where the depositors will receive 8.5% and 12%(3 months) interest respectively for their deposits. The oldest development bank has a paid-up value of Rs 2.52 arba with the deposit collection figure of Rs 19.11 arba and credit disbursement figure of Rs 17.52 arba as on Poush end. The bank has reported Net profit of Rs 26.60 crore by the same period. Print The bank is currently serving its customers through 43 branches and is mulling to open more branches at Biratnagar, Birgunj and Damak in coming days. The development bank has received felicitations from Nepal Rastra bank, Nepal Charter Accountants Association among others, reads the press statement.