NIC ASIA Bank launches “Double Deposit”

NIC ASIA Bank Nepal Ltd has launched a new Fixed Deposit scheme ‘NIC ASIA Double Deposit’. The scheme offered by NIC ASIA targets individuals customer to deposit certain sums, minimum of Rs 1 lakh for a fixed period of time of 12 years. The interest earned on this sum eventually doubles the money at the time of the maturity. Additionally, this product provides privileges of withdrawals through instant, hassle-free overdraft facility in case of need. The product which is one of the unique of its kind offers following features

• Zero Balance
• Credit Card Facilities
• Accidental Death Insurance
• Free Debit Card / Internet and SMS Banking

Issuing a press statement it has stated that the scheme provides a guarantee assurance to the customers that would not affect by market interest rates fluctuation and interest risk factors.