Locker saving is locker facility services to Individual and Institutions for safekeeping of valuables assets and ornaments.
Last Updated Date: May 16, 2022
Prime Commercial Bank was founded in September 2007 as the 21st commercial bank in Nepal. It has been classified as an 'A' class financial institution under Nepal's Banks and Financial Institutions Act. The primary motto of this Bank is 'Banking Service to All,' with the 389 total promoters holding 70 percent of the bank's stock. The bank has developed itself at the highest level of financial competitiveness, focusing on offering outstanding service to its customers. The bank has emerged as an emerging player in the financial sector, maintaining excellent relationships with respected clients through an emphasis on excellence in customer service.
Locker saving is an account where you are allowed to lock your money for a specific amount of time. You earn a higher interest but accessing your money before the time you have set is complicated. You will have to wait for not less than two days if you choose to withdraw your cash before the account matures.
If you surrender the locker before the expiry of the lease period, the remaining rent will be refunded to you. In most cases, this is done if the unexpired portion of the lease period is at least a year. Usually, banks take a security deposit which covers rent up to three years.