Shangri-la Customer Care
Organization and individual who are involving in social service and helping in betterment of society have a need of perpetual deposit account which assist them in earning higher rate of return. Feeling this need of yours we have specially customized Shangri-La Endowment Fund Account to suit your need.
Benefits | |
a | Perpetual deposit ( Amount cannot be withdrawn except in case of dissolution of the Fund itself) |
b | To be entered into through the standard contract with the Fund Management Committee |
c | Base Rate: Rate existing on 2 years FD however it can be changed on mutual consultation with the organization |
d | Separate call/saving account to be maintained to provide the interest quarterly |
e | An amount of 0.5% of the fund to be contributed by the bank in that account every year on its average deposit as its corporate social responsibility if the Fund is for social cause |
f | No Cheque book shall be issued in this account |
g | Free statement shall be provided on quarterly basis on demand |
At maturity automatic renewal of Fixed Deposit is made as per the instruction of the customers.
Eligibility | |
a | Should be approved organization from the Government of Nepal |
b | Group of individuals would like to have Akshya Kosh for social cause Minimum Balance |