Shubhashree Laxmi Savings
Shubhashree Laxmi Savings has been designed from an employee’s savings perspective. Our aim with this product is to provide better returns on the savings of your employees and encourage their financial well-being.
Why go with Laxmi Bank?
VISA Debit Card
Free Mobile Banking
Free Internet Banking
Rates & Features
- Zero balance account
- 6.4% Interest Rate paid Quarterly
- For Salaried Employees – Minimum 5 accounts per employer/organization is required*
- Free VISA Debit Card**
- Free – Complete Green Banking Package for the first year ***
- Mobile Banking with Viber Banking Services
- Internet Banking Subscription
- Email Solution
- DEMAT Account with Laxmi Capital Pvt. Ltd.
- Mero Share Account
- No more ATM Cash Withdrawal Fee
- Laxmi Bank ATMs – any number of times
- Non-Laxmi Bank ATMs – 3 withdrawals per month
- Free Cheque Book Issuance
- Save NPR 250 on issuance of USD VISA Travel Card
- Draft / Manager’s Cheque issuance @ NPR 100 for personal/family use
- Any Branch Banking Services (ABBS) including Cheque Book requests
- ASBA/C-ASBA service
- Permanent/Confirmed staff will be eligible for
- Pre-approved Credit Card limit up to 1.5 times the Gross Salary or NPR 100,000 whichever is lower
- Personal Loan facility up to 6 times the Gross salary or NPR 1,500,000****
*Periodic payment such as monthly salary needs to be credited into these accounts directly by the employer/organization
**Free VISA Debit Card for the first year, NPR 399 p.a. (as per SSC) will be charged from second year onwards
***As an introductory offer, green banking package will be provided free to new account holders for first year. Discounted Package Fee of NPR 299 p.a. will be charged from second year onward
****Subject to bank’s credit discretion policy and employer/organization’s recommendation letter
Employer Benefits
- Overdraft facility of up to 1.5 times the monthly payroll amount or NPR 1.0 mio, whichever is lower (upon completion of 6 months of payroll relationship)
- Dedicated RM to assist with payroll services and personal loan facilities of employer’s staff
Fees
- Complete Green Banking Package @ NPR 299 or as per Schedule of Service Charges for each individual service.
Provide your valuable employees with the best returns on their savings!
How to Apply
Visit any of our branches during working hours
Apply online
- Open your account online with Laxmi Bank's Digital Account Opening Platform
- You can also process your KYC online with our Video KYC platform
Other Info
Documents needed
- Residential address in Nepal
- Copy of National ID card
- Passport Size photograph (2)
- Valid Passport (for foreign nationals)
- Letter from the Indian Embassy (for Indian Nationals without a passport)
You may also need (if applicable)
- An additional ID card such as license, student ID card or Passport (if available).
- Water or Electricity Bills.
Who can apply online?
- If you are older than 18 years of age
Misc.
- Applications for accounts where funds are held in trust cannot be accepted online.
- If you wish to open an account, please apply at any branch
- There is no minimum balance to open the account.