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Bright Future Saving Account

Product Name Bright Future Saving Account
Account Class SV08
Product Code 108
Eligibility Minors (Age: below 16 years)
Account Type Savings account
Minimum balance to open a/c NPR 100.00
Interest accrual basis On daily balance
Interest pay period Quarterly basis. Payable at the end of Aswin, Poush, Chaitra and Ashad of Nepali Calendar
Cheque book issuance 10 leaves at a time on demand.
Interest rate 5.00% PA at present. Rate will be as decided by the bank from time to time
Deposit/Withdrawal limit Up to NPR 1,000,000.00 per day without prior notice
Documents required • Copy of  citizenship or passport of the guardian
• Copy of document certifying relationship of guardian with the minor or certificate of guardianship
• Photographs of minor and the guardian
• Copy of birth certificate of the minor issued by competent authority
• other documents like KYC Checklist etc.as per Bank rules.
Services • ABBS Service (subject to charge as per SSC)
• Internet banking/email Solutions
• On demand account statement and cheque book
• Visa Card (subject to charge as per SSC)
• Mobile Banking (subject to charge as per SSC)
• ASBA (Account Support Block Amount)
Account operation • Account to be operated by guardian
• Upon becoming major (completing 16 years of age), the account to be transferred in the name of the minor (now a major)

Currency Buying Selling
US Dollar 111.35 111.95
Euro 124.1 125.4
Pound Sterling 140.33 142.13
Australian Dollar 76.35 77.35
View all » [As per May 24, 2019]
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Base Rate
(Based on PoushEnd 2075 Figures) - 11.04%

Banking Hours

During summer (16th Magh to 15th Kartik)
Sunday to Thursday : 9:45 am to  5:00 pm
Friday : 9:45 am to 2:30 pm
During winter (16th Kartik to 15th Magh)
Sunday to Thursday : 9:45 am to  4:00 pm
Friday : 9:45 am to 2:30 pm

Holiday counter:

    1. New Baneshwor Branch (10:00 AM to 1:00 PM) (Saturdays only)
    2. New Road Branch (10:00 AM to 1:00 PM) (Public holidays except Saturdays)
    3. Butwal Milan Chowk Branch (10:00 AM to 1:00 PM ) (Public holidays and Saturdays)
    4. Sahid Chowk Branch, Narayangarh (10:00 AM to 1:00 PM ) (Saturdays only)