CORPORATE SAVING DEPOSIT
Features:â€¢ Corporate Saving Account can be opened by maintaining minimum balance of NRs. 10000.
â€¢ Interest will be calculated on daily balance and paid on quarterly basis.
â€¢ Interest rate is determined upon assessing of the volume, volatility of transaction and the average balance maintained in that account.
â€¢ Tax is deducted at source from the interest on Corporate Saving Deposit as per the Income Tax Act.
â€¢ Statement of account will be furnished on demand.
â€¢ Cheque book will have accountholder's name and accounts strict confidentiality is assured.