Mega Janani Janmabhumi Dual Savings(FCY) NRNs

We are delighted to introduce a Savings Deposit Product “MEGA JANANI JANMABHUMI DUAL SAVINGS ACCOUNTS” especially designed for Non Resident Nepalese and People of Nepali Origin residing outside SAARC Region. Upon opening an FCY Savings Accounts, an NPR Savings Account can also be opened simultaneously, with the same documents. Following are the features of Mega Janani Janmabhumi Dual Savings Account.

 

Features of Mega Janani Janmabhumi Dual Savings Account - FCY

Services

Features/Discounts/Fees

Minimum Balance

USD 1,000/-  (For GBP and EUR, Minimum Balance shall be GBP 1,000/- and EUR 1,000/-  and JPY 150,000/-)

Interest Rate

6.11% p.a. and 2.40 % p.a. for JPY

Interest calculation

Calculate Daily, Capitalized/Posted Quarterly

Visa Debit Card

Free for First Year (Yearly Subscription Charge of USD 10 or equivalent, after 1 Year)

Mobile Banking

Free for First Year (Yearly Subscription Charge of USD 5  or equivalent, after 1 Year)

(Mobile Banking Service Shall be provided on Foreign Mobile Number upon request)

Internet Banking

Free

Inward Remittance Charges

Free

Standing Instruction

Free

Fund Transfer Facility (Internal)

Free

Discount on Loan Processing Fee

25% Discount on Retail Loan (As per NRB Guideline)

E-Commerce Facilities from Vendor

Discounts Vouchers available

Fund Repatriation Charges

As per the Bank’s Standard Charges

 

*Visa Debit Card can be issued either virtually or physically as per the request of the account holder.


Features of Janani Janmabhumi Dual Savings Account - LCY

Services

Features/Discounts/Fees

Minimum Balance

NPR 500/-

Interest Rate

9.133% p.a.

Interest calculation

Calculate Daily, Capitalized/Posted Quarterly

Visa Debit Card**

Free for First Year

Mobile Banking

Free for First Year

Locker Rental Charge

100% waiver on Locker Deposit & 50% waiver on Annual Fee

Internet Banking

Free













**Visa Debit Card can be issued either virtually or physically as per the request of the account holder.


Required Documents

A.     A Valid Nepali Passport of Nepali Citizen working abroad, with Valid VISA and/or Valid Work Permit (except SAARC, and except individuals who fall under the ‘Baideshik Rozgari’ category)

OR

A valid NRN Card issued either by the Government of Nepal or by recognized NRN Associations along with a Valid Foreign Passport (or a Nepali Passport with Valid VISA and/or Valid Work Permit)

OR

Proof that the Applicant or the Applicant’s Father, Mother, Grandfather or Grandmother was a Citizen of Nepal (with Citizenship Certificate/ Passport or any valid Government issued Document as proof) along with documents to prove Foreign Nationality such as the Current Foreign Citizenship Certificates and/or Foreign Passport (except for SAARC Nations)

 

B.     In Case of Accounts of Minors, documents of the Parents/Guardian, who fall under clause A as above, along with documents to prove Relationship of the Minor with the Parents/Guardian

 

C.     Documents to disclose Source of Income – Recent Salary Certificates (or Pay Slip) and/or Bank Account Statements (past 6 months), and/or Recent Tax Payment Certificate to prove Income Source.

 

D.     Mega Bank’s Account Opening Form and Know Your Customer Forms (In case of Video Account Opening, our representative shall fill up the details provided during the process).

 

E.     2 Passport Size Photographs (In case of Video Account Opening, photo will be captured during the account opening process).


Features of Janani Janmabhumi Fixed Deposit Account - FCY

Services

Features/Discounts/Fees

Interest Rate

7% - USD; 6.5% for GBP and Euro, 3.90 % JPY

Interest calculation

Calculate Daily, Capitalized/Posted Quarterly

Minimum Tenure

One Year







Features of Janani Janmabhumi Fixed Deposit Account - LCY

Services

Features/Discounts/Fees

Interest Rate

13.133 % p.a.

Interest calculation

Calculate Daily, Capitalized/ Posted Quarterly

Minimum Tenure

3 Months and Above

 






Mega Nepal Bhraman Recurring Deposit Plan- LCY

This deposit  plan has been developed keeping in mind the huge tendency of NRNs visiting their families and friends back home in Nepal on a regular basis, usually on important festivals such as Dasain and Tihar, Weddings and other Ceremonies in the Family and even for Leisure and Site-seeing. Features of Mega Nepal Bhraman Recurring Deposit plan are as follows.

Services

Features/Discounts/Fees

Minimum Tenure

1 Year

Maximum Tenure

5 Year

Minimum Contribution Per Installment

NPR 5,000/-

Maximum Contribution Per Installment

NPR 200,000/-

Interest Rate

 8%

Int. Calculation/Capitalization Cycle

Daily/ Quarterly

 

 











Mega Sworna-Shobha Recurring Deposit Plan – LCY 

In order to facilitate purchases such as Jewelleries and other valuables, this plan is expected to inculcate regular savings habit especially with our NRNs.The features of the above mentioned Recurring Deposit Plan are as follows.

Services

Features/Discounts/Fees

Minimum Tenure

1 Year

Maximum Tenure

3 Year

Minimum Contribution Per Installment

NPR 5,000/-

Maximum Contribution Per Installment

NPR 200,000/-

Interest Rate

8%

Int. Calculation/Capitalization Cycle

Daily/ Quarterly

 








For further inquiry, kindly email on video@megabank.com.np or contact on +977 9847694876.