SUNRISE PAYROLL SAVINGS ACCOUNT

Minimum Balance 100

Interest Rate 6%

SUNRISE PAYROLL SAVINGS ACCOUNT

Minimum Balance 100

Interest Rate 6%

Sunrise Payroll Savings Account aims to provide the financial services to the salaried staffs and shall facilitate to overcome the traditional way of distributing the salary of employees framed in the safest and most convenient ways.

Product Description:

Interest Rates
Interest Calculation: On daily basis, Quarterly Compounding
Minimum Balance Required: NRs. 100

Additional Features:

Insurance coverage shall be limited to 4 times of the balance on saving account maintained on preceding day end of the accident or NPR 500,000 whichever is less.
The health insurance facility shall be up to 25% of weighted average deposit during last 365 days of saving deposit or the bill amount whichever is lower, with a maximum limitation of Rs. 80,000 for hospitalized cases and OPD facility of Rs. 20,000 only or 150 exclusion daycare treatments THRICE a year.
Payroll Loan of 15 Lakhs (5 Lakhs Overdraft, 10 Lakhs Term Loan)

Features :

Free Mobile Banking charge for the first year only.
ABBS facility: Free of any charge for the depositor.
E-banking facility: Free of charge.
Waiver of 25% on Loan processing fee.
Can open in zero balance where as minimum balance of NPR 100 to be maintained after receipt of 1st Salary in this account.
Free Visa Debit Card Charge for the first year only.