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Siddhartha Bank launches Two New Fixed Deposit Accounts

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Siddhartha Bank launches Two New Fixed Deposit Accounts
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September 9: Siddhartha Bank has launched two new fixed deposit accounts namely ‘Siddhartha Awakash Muddati Khata’ and ‘Siddhartha Premium Muddati Khata’ with various attractive features.

Issuing a press statement, the bank informed that Siddhartha Awakash Muddati Khata is one year fixed deposit account targeting the Nepalese citizens who have retired from their working life and want to invest their savings for attractive return. The bank will provide six percent interest per annum with monthly interest payment frequency.

Similarly, Siddhartha Premium Muddati Khata is a two years fixed deposit account offering an interest rate of 6.5 % per annum providing the customers comparatively higher returns on their deposits.

“The bank believes that it shall be able to serve more customers through these two new deposit accounts that are bundled with monthly interest payment, comparatively higher interest rate and several other attractive features,” reads the statement.

Currently, Siddhartha Bank has been providing banking services through its 64 branches, 81 ATMs and 66 branchless banking locations spread all across the country. 

 

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