Nari Bachat Khata targets women customers taking into account that may help them increase their access to productive resources and saving habits.
Last Updated Date: November 30, 2021
Nepal Credit & Commerce Bank Ltd. (NCC Bank) formally registered as Nepal - Bank of Ceylon Ltd. (NBOC), commenced its operation on October 14, 1996 as a Joint Venture with the Bank of Ceylon, Sri Lanka. It was then the first private sector Bank with the largest authorized capital of NRS. 1,000 million. The Head Office of the Bank is located at Bagbazar, Kathmandu. The name of the Bank was later changed to Nepal Credit & Commerce Bank Ltd., (NCC Bank) on 10th September, 2002, due to transfer of shares and management of the Bank from Bank of Ceylon, to the Nepalese Promoters. NCC Bank completed 23 years of its banking services on October 14, 2019 and recently entered into a historic merger with four Development Banks – Infrastructure Development Bank Ltd., Apex Development Bank Ltd., Supreme Development Bank Ltd. and International Development Bank Ltd. NCC Bank started its joint transaction from January 01, 2017 has now become one of the largest private sector commercial banks. At present NCC provides banking services and facilities to rural and urban areas of the country through its 120 branches, 85 ATMs and 4 Extension Counters scattered all over the country from Far West to Far East. The Bank has developed a corresponding agency relationship with more than 150 International Banks having a worldwide network.
Required documents for Women Saving Account
Nari Bachat Khata targets women customers taking into account their unique banking habits that may help them increase their access to productive resources. With the maximum interest rate offer, the product aims to encourage our ladies' customers to empower themselves through their savings. It aims to avail a saving solution to the range of women customers by connecting them with to service of modern-day banking practices, enabling them to take control over their financial behavior and decisions. A woman's savings account can be opened either individually by a woman or as a primary holder in case of joint holding. There are many rewards and customized features offered on these accounts and the debit cards linked with them.
Women's savings account will particularly suit women who are looking for a savings account which offers higher benefits at the same minimum balance requirement as that of a regular savings account
Nowadays, many banks provided specially designed savings accounts for women which ensure more security, feasibility, features, and benefits. They provide debit cards with various discounts and offers, waiver on DEMAT account, and low-interest rates on loans as well for their female customers. The idea behind this is to promote financial empowerment among females so that they can learn to plan their finances and also make investments to avoid critical situations.