Nabil Bank announces "Nabil Bumper Fixed Deposits-1" deposit scheme with 11% interest rate

Nabil Bank has announced a new fixed deposit scheme for the customers named “Nabil Bumper Fixed Deposits -1” with 11% interest rate. The interest will be paid on a monthly basis to the customers.
Any kind of limitation has not been fixed on the minimum deposit amount. The customer can enjoy the fixed deposit scheme for a period of 1 year or 2 year. The bank will provide upto 80% of loan on Nabil Bumper Fixed Deposit amount.
The bank had launched a fixed deposit scheme with 11% interest rate to be paid in advance in bulk, which was criticized by the bankers after which it was withdrawn.