Sabai Nepaliko Bachat Khata

Sabai Nepaliko Bachat Khata

General Saving Account is designed to take care of customer’s banking and savings requirements. General savings account is a deposit account maintained by a customer for the purpose of accumulating funds over a period of time while earning interest.

Sabai Nepaliko Bachat Khata
8.03 %
Total Interest Rate

Last Updated Date: May 17, 2022

Global IME Bank Ltd

Global Bank Limited (GBL) was established in 2007 as an ‘A’ class commercial bank in Nepal which provided entire commercial banking services with the largest capital base at the time with paid up capital of NPR 18.97 billion. Global Bank was renamed to Global IME Bank after merger with Reliable Development Bank ,Pacific Development Bank , Social Development Bank , Gulmi Bikas Bank, IME Finance, Lord Buddha Finance, and Commerz and Trust Bank). Global IME bank is currently trading in Nepal Stock Exchange with symbol GBIME. GBIME has provided a dividend return of 16 percent in fiscal year 2074/75. Global IME Bank Limited has appointed Global IME Capital Limited (Elite) as it’s share registrar. As a section of financial inclusion, Global IME Bank addressed a new strategy of launching branchless banking providers in the most remote part of the country where presence of economic institutions are very less in number or aren’t present at all . Within 8 years of the period the bank has already launched 218 branchless banking offerings catering more than 41,000 customers on their each day deposits and withdrawals. Their branchless banking areas additionally offer micro lending facility to small farmers and businessmen. The bank has different pursuits in hydro power, manufacturing, textiles, service industry, aviation, exports, trading and microfinance tasks. GIBL has been conferred with “The Bank of the Year Award 2014” for Nepal by the Bankers Magazine (Publication of the Financial Times, UK), “Best Internet Bank 2016- Nepal” by International Finance Magazine, London and “Best Employer Award 2018” by way of World HRD Congress, India.

Sabai Nepaliko Bachat Khata


Documents Required for General Saving Account :

  1. Filled Personal Account Opening Form
  2. Identification documents such as Citizenship Certificate /Valid Passport/Voters ID Card
  3. Two recent Passport (PP) size photographs of the account holder
  4. Duly filled KYC form
  5. In case of Nominee Identification documents such as Citizenship Certificate /Valid Passport along with PP size photograph of the Nominee

General Saving 

General Saving is the savings deposit accounts are meant for those individuals who have a habit of saving money from their earnings so that they can use it when they require. It’s an transactional interest bearing account wherein a deposit is placed with the bank for an unspecified term and the account holder can deposit or withdraw the funds whenever require through different means. A savings account is an interest-bearing deposit account held at a bank or other financial institution. Though these accounts typically pay a modest interest rate, their safety and reliability make them a great option for parking cash you want available for short-term needs. Savings accounts have some limitations on how often you can withdraw funds, but generally offer exceptional flexibility that’s ideal for building an emergency fund, saving for a short-term goal like buying a car or going on vacation, or simply sweeping surplus cash you don’t need in your checking account so it can earn more interest elsewhere.

How Savings Accounts Work

Savings and other deposit accounts are important sources of funds that financial institutions can turn around and lend to others. For that reason, you can find savings accounts at virtually every bank or credit union, whether they are traditional brick and mortar institutions or operate exclusively online. In addition, you can find savings accounts at some investment and brokerage firms. The rate you’ll earn on a savings account is generally variable. With the exception of promotions promising a fixed rate until a certain date, banks and credit unions can generally raise or lower their savings account rate at any time. Typically, the more competitive the rate, the more likely it is to fluctuate over time. Changes in the federal funds rate can also trigger institutions to adjust their deposit rates. And some institutions offer special high-yield savings accounts, which are also worth investigating.

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