Shubhashree Laxmi Savings

Interest Rate 7%

Shubhashree Laxmi Savings

Interest Rate 7%

Shubhashree Laxmi Savings has been designed from an employee’s savings perspective. Our aim with this product is to provide better returns on the savings of your employees and encourage their financial well-being.

Eligibility: If you are older than 18 years of age

Employer Benefits:

Overdraft facility for institution up to 1.5 times the monthly payroll amount or NPR 1.0 mio, whichever is lower
Dedicated RM to assist with payroll services and personal loan facilities of employer’s staff

Charges/Costs

Complete Green Banking Package @ NPR 299 or as per Schedule of Service Charges for each individual service.

Features :

For Salaried Employees – Minimum 5 accounts per employer/organization is required
Free – Complete Green Banking Package for the first year **
Free VISA Debit Card
Mobile Banking with Viber Banking Services
Internet Banking Subscription
Email Solution
No more ATM Cash Withdrawal Fee
Laxmi Bank ATMs – any number of times
Non-Laxmi Bank ATMs – 3 withdrawals per month
Free DMAT account with Laxmi Capital Market Ltd.
Free Cheque Book Issuance
Save NPR 250 on issuance of USD VISA Travel Card
Draft / Manager’s Cheque issuance @ NPR 100 for personal/family use
Any Branch Banking Services (ABBS) including Cheque Book requests
ASBA/C-ASBA service
Permanent/Confirmed staff will be eligible for
Pre-approved Credit Card limit up to 1.5 times the Gross Salary or NPR 100,000 whichever is lower
Personal Loan facility up to 6 times the Gross salary or NPR 1,500,000***
Mero Share Account

Required Documents :

Residential address in Nepal
Copy of National ID card
Passport Size photograph (2)
Valid Passport (for foreign nationals)
Letter from the Indian Embassy (for Indian Nationals without a passport)
An additional ID card such as license, student ID card or Passport (if available).
Water or Electricity Bills.