BOK Kissan Banking Sewa
In continuation of "Save for the future" campaign, we introduce "BOK Kissan Banking Sewa" targeting agriculture sector where customers will receive loan on the basis of their savings.
This product is currently available at Jawalakhel, Sakhu, Nepalgunj,Guleriya, Baglung, Beni, Hetauda, Khandbaari, Urlabaari, Birtamod, Tamghas and Sandikharka branches and will gradually be introduced in other branches.
Savings and Recurring Deposit
- Minimum balance: NPR. 100 in Savings
NPR. 500 and in multiples of it for Recurring
- NPR. 100 cash deposit from bank’s side ( for first 3 months in all branch)
- Interest: 5% p.a on savings
6.5% p.a on recurring
- Transaction through mobile banking ( M-PAISA) available
- Individual Based model
- Loan on the basis of discipline of savings
- Interest rate: 12% p.a