Mega Youth_MY Bank@ Campus Account
Mega
Youth- MY Bank@ Campus Account is a savings deposit account scheme designed
especially for college going students across the country.
Features:
- Type of Account: Savings Account
- Minimum Balance Requirement: NPR 200
- Interest Rate: 5% per annum payable quarterly
- Free checkbook
- Free issuance of SCT Debit Card
- Free online banking
- Free on demand statement of account
- 50% discount on issuance of demand drafts/SWIFT transfers
- Education Loan facility, the features are outlined as below:
|
Purpose |
To
meet Education Loan requirement for pursuing higher education in Nepal or in
abroad. |
|
Maximum
Loan amount |
Up
to NPR 5,000K |
|
Minimum
Loan amount |
NPR
500K |
|
Tenor
(months) |
Minimum:
1 year / 12 months (excluding moratorium period) Maximum:
15 years/ 180 months (including moratorium period) |
|
Moratorium
Period |
Maximum
of 4 years or duration of course, whichever is earlier |
|
Repayment
method |
EMI |
|
Security
Type |
FAC
(Freehold land/building ) |
|
Security |
Registered
Mortgage Charge over FAC |
|
Interest
Rate |
14%
p.a. - 17% p.a. |
|
Loan
Processing Fee |
0.75%
of the financed amount (approval of CCB&CA to be obtained) |
For further information, please contact:
MEGA DEPOSIT CENTRE
Mega Bank Nepal Limited
Mega Mahal, Kantipath, Kathmandu
Phone: 977-1-4257711, Fax: 977-1-4266599
email: megadepositcentre@megabank.com.np
