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Ace launches new deposit scheme

With an aim to expand its reach to every household, Ace Development Bank Limited has launched a new deposit scheme "Ace Rhino Account".

According to a press statement issued by the bank, the newly introduced scheme is designed to cater to the banking needs of the parents as well as children of any age.

"Interested individuals can open an Ace Rhino Account with minimum balance of NRs.100 for children and Rs 1,000 for parents. This account will be saving Account by nature with interest rate of 6.5% per annum payable quarterly on monthly minimum balance," read the statement. Ace Rhino Account holders will be entitled to benefits like free debit card, free e-banking, free SMS banking and ABBS facility, among others. nepalnews Mar 18 09


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