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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:

  • Minimum Balance Requirement: NPR 200/-
  • Interest Rate: 6.5% per annum
  • Free Checkbook
  • Free VISA Debit Card (1st year only)
  • Free Online Banking Facility
  • Free Mobile Banking Facility (1st year only)
  • 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 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

Re-payment method

EMI

Security Type

FAC (Freehold land/building )

Security

Registered Mortgage Charge over FAC

Interest Rate*

15% p.a.

Loan Processing Fee

1.00% of Loan amount

*Conditions Applied.

 

For further information, please contact:
MEGA DEPOSIT CENTRE
Mega Bank Nepal Limited
Rising Mall (2nd Floor), Kamaladi, Kathmandu
Phone: 977-1-4169250, Fax- 977-1-4169260
email: deposit@megabank.com.np

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