Kumari Bank Launches “Green Savings Deposit Account” to Promote Sustainability and Environmental Protection

Kumari Bank Limited has launched the “Green Savings Deposit Account” to support national and global Sustainable Development Goals (SDGs). Under the principle of “One Account, One Tree,” the bank will plant a tree for every new account opened, promoting environmental conservation.

The scheme offers several benefits, including a 0.25% higher interest rate than regular savings, two years of free mobile banking, insurance coverage, and Foneloan facilities up to NPR 200,000. According to Mr. Arpan Paudel, Head of Sustainable Banking, funds from this scheme will finance sustainable projects with positive environmental impact. With 24 years of service and a strong nationwide presence, Kumari Bank continues to integrate sustainability and innovation into its operations.