Nabil launches FD Card

KATHMANDU, MARCH 8 : Nabil Bank has launched ‘Nabil FD Card’ (Nabil Fixed Deposit Card), a credit card product which provides credit card facility to its fixed deposit customers. Nabil FD Card has been launched to provide financial planning services to home makers, retired individuals and university students, who usually possess financial discipline but do not have regular stream of income.

Moreover, on the occasion of this year's International Women’s Day (that falls on March 8), Nabil Bank will be providing Nabil FD Card to customers for free throughout this month of March. The card can be used for POS transactions or ATM withdrawals as per the convenience of user. Likewise, the card can be used to purchase goods such as Bicycles, Jewelry, Mobile phones and Laptops on Equal Monthly Installments.

In addition, Nabil Bank also provides an option toFD holders to issue multiple credit cards (Nabil FD Cards) for their immediate family members.The credit card limit per card is 80% of FD amount or NPR 200,000.

This is a unique blend of fixed deposit and credit card product which shall ensure that the customers can enjoy their desired product all while earning a lucrative interest rate of 11.03% on their Fixed Deposit, claims the bank.