NMB Jeevan Chakra

NMB jeevan chakra

Minimum Balance 5000

Interest Rate 5%

NMB jeevan chakra

Minimum Balance 5000

Interest Rate 5%

Jeevan Chakra is a deposit product, which encapsulates 7 sub-products, that aims to cater entire banking needs of a natural person from the point of birth to elderly stage of life. The novel product features offered under Jeevan Chakra, are segregated for seven different life stages to best match respective age group characteristics, is designed to cater entire banking needs of an individual.

Eligibility:

From Infant to Elderly (no age restriction) Nepali individual

Sub-Products under NMB Jeevan Chakra

Balapan	Joshila Haath	Dridh Aakansha	Naulo Soch	Bishwash	Safalta	Prerana
New Born to 12 years	13 - 18 years	19 - 24 years	25 - 32 Years	33 - 45 Years	46 - 60 Years	61 Plus Years

Features :

Auto transition of an account type to next in customer's lifecycle, based on customers age
Free scheme change facility for all accounts ( Not applicable if account is transferred to Jeevan Chakra from other saving schemes)
Multiple product ,features under each sub product
Product features to match life characteristics and sub products to be separated based on individual’s age

Required Documents :

Completely filled Personal Account Opening Form
Copy of Citizenship Certificate
One passport size photograph