NIC Asia to close Sammunati Plus and Dhanbarsa Muddati scheme from Chaitra 2

NIC Asia Bank and Banker’s Association have decided to finally agree on common terms. The bank has recently published a press release regarding the same. The bank has been providing Sammunati Plus Bachat Khata (with 10% interest rate) and 1 year Dhanbarsa Muddati Khata (with 12% interest on the deposit) from Falgun 11, 2074. After the end in dispute between the bank and the association, the bank has announced that these schemes will be available until Chaitra 2, 2074. After the date both the schemes will be closed.