Best Salary Account Rates for Date in Nepal

Excel Development Bank offers a variety of accounts to suit different banking needs, including savings accounts, fixed deposit accounts, and remittance accounts. You can easily open an account online or visit a bank branch.

Account Types:

• Nagarik Bachat Account: Opened by anyone, including minors. It can be opened singly or jointly.
• Saving Deposits Account: Earn up to 4.90% per year in interest.
• Excel Remit Khata: Earn 5.90% per year in interest.
• Fixed Deposit Accounts: Earn up to 7.75% per year in interest.

Account Features:

• Excel Smart Banking App for easy access to account balances, transaction history, and fund transfers.
• Bill Payments through the Excel Smart Banking app.
• Free checkbook and Any Branch Banking Services (ABBS) when you open an account.

Interest Payment:

• Interest is paid quarterly, at the end of Ashwin, Poush, Chaitra, and Ashad.
• Tax on interest is levied as per the prevailing Income Tax Act.

Online Account Opening:

• You can open an account online by providing:
  • Name
  • Father’s name
  • Contact number
  • Email address
  • Permanent address
  • Current address
  • Gender