Mega Youth - MY Bank@ Campus Account
Mega Youth- MY Bank@ Campus Account is a Savings deposit account scheme designed especially for college going students across the country.
Features:
- Minimum Balance Requirement: NPR 200/-
- Interest Rate: 6.5% per annum
- Free Checkbook
- Free VISA Debit Card (1st year only)
- Free Online Banking Facility
- Free Mobile Banking Facility (1st year only)
- Free on demand statement of account
- 50% discount on issuance of Demand Drafts/SWIFT transfers
- Education Loan Facility, the features are outlined as below:
|
Purpose |
To meet Education Loan requirement for pursuing higher education in Nepal or abroad. |
|
Maximum Loan amount |
Up to NPR 5,000K |
|
Minimum Loan amount |
NPR 500K |
|
Tenor (months) |
Minimum: 1 year / 12 months (excluding moratorium period) Maximum: 15 years/ 180 months (including moratorium period) |
|
Moratorium Period |
Maximum of 4 years or duration of course, whichever is earlier |
|
Re-payment method |
EMI |
|
Security Type |
FAC (Freehold land/building ) |
|
Security |
Registered Mortgage Charge over FAC |
|
Interest Rate* |
15% p.a. |
|
Loan Processing Fee |
1.00% of Loan amount |
*Conditions Applied.
For further information, please contact:
Resource Development Department
Mega Bank Nepal Limited
Rising Mall (4th Floor), Kamaladi, Kathmandu
Phone: 977-1-4169204/ 205, Fax- 977-1-4169217
Email: deposit@megabank.com.np
