Nepal SBI Bank unveils Dhanvriddhi Scheme with Double and Triple Dhamaka

KATHMANDU: Nepal SBI Bank Ltd introduces the “Dhanvriddhi” Fixed Deposit Scheme, under which deposits will be doubled in 6 years 6 months and tripled in 10 years 3 months.

In this scheme, interest is compounded on the principal amount, and a lump sum is paid upon maturity. Furthermore, a principal loan facility of 90% is available.

This scheme is available at any Nepal SBI Bank Ltd branch.

Similarly, the amount for institutions will be doubled in 7 years and tripled in 11 years in 3 months.