NIC Asia introduces Super Chamatkarik Monthly Deposit Scheme; Schemes ranging from 3 months to 10 years available

NIC Asia Bank (NICA) has introduced a product with an aim to provide maximum security to its customers.

In the history of 22 years, NIC Asia has now brought "Super Chamatkarik Monthly Deposit Scheme". According to the press statement, this facility can be accessed by the existing depositors as well as new customers by opening an account in NIC Asia. Under this scheme, the customers can deposit a nominal amount each month and then get back a lump sum at the end for some huge expenditure either for a vacation abroad, Jewelleries, starting a business and so on.

The scheme can be taken for a period from 3 months to 10 years with a minimum amount of Rs 500 or multiple of Rs 500. Similarly, for any period if you have an extra amount then you can add it to your installment at a multiple of Rs 100 and received 9.75% interest rate. This amount should be above Rs 500.

Similarly, for some reason, if you are unable to pay the installment this month, you can deposit it next month without any extra fees or charges. The deposits can be made either via mobile banking, internet banking or by visiting a branch.

Likewise, the depositors can also take loan upto 90% of the value of their deposit. You can also withdraw your money after the scheme has passed 50% of the agreed time period.

NIC Asia is currently serving the nation with 310 branches, 389 ATMs, 90 extension counter and 41 branchless banking units. It has more than 18 lakh customers and has paid around Rs 3.15 arba tax to the Government of Nepal.