Deposit SUNRISE PAYROLL SAVINGS ACCOUNT

Introduction

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 most safest and convenient ways.

Product Description:

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

Swatha Yojana

Facilities
Salient Features

Free Visa Debit Card Charge for the first initial year only.
Free Mobile Banking charge for the first initial 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 1^st Salary in this account.
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. 1,00,000 (In Words: One Lakh Only) only hospitalized case or 150 exclusion daycare treatments THRICE a year.

Organization can make entries and post the monthly salary of staffs through internet banking and no need to visit Bank/Branch.
This feature is new to any saving products and is in-built in the Internet Banking facility.