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/-)
Interest Rate	6.11% p.a.
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	6.03% 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
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	Ongoing Interest Rate p.a. or As per NRB Guidelines
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.