Jyoti Bikash Bank Savings Accounts: Features, Benefits, and Interest Rates
20th August 2025, Kathmandu
Jyoti Bikash Bank offers a comprehensive and customer-centric suite of savings accounts designed to cater to a wide range of financial needs, from high-value savers to children and women.
Jyoti Bank Saving Accounts
The bank’s products combine attractive interest rates, digital banking convenience, and value-added benefits.
Super Smart Savings Account – “The Power of 15”
This account is the bank’s most unique offering, emphasizing affordability and high returns. It’s perfect for customers who want to maximize their benefits with a minimal balance of just Rs. 15.
Interest Rate: The account provides an attractive interest rate of 3.75%, with interest paid on a quarterly basis.
Free Services: It includes a bundle of free services such as mobile banking, a DEMAT account, Meroshare registration, and debit card registration.
Waivers and Discounts: Customers receive a 30% waiver on the security deposit and a 50% discount on the annual charges for a locker facility. It also offers a 25 basis point waiver on loan processing fees and a discount of 15 paisa on foreign currency exchange for major currencies like USD and Euro.
Additional Perks: The account also features two free ATM withdrawals per month from any ATM, free dollar card issuance, and on-demand account statements.
Nari Samman Bachat Khata – Empowering Women
This specialized account is designed to promote financial independence among women with a minimum balance of Rs. 1,000.
Interest Rate: It offers a competitive interest rate of 3.75%, with interest paid monthly.
Free Services: The account comes with a lifetime free Visa debit card and free mobile banking.
Discounts: Account holders get a 50% discount on both the annual locker rental fee and the security deposit. They also get a free cheque book and free ABBS (Any Branch Banking Service) facility.
Welcome Benefit: As a special welcome gesture, the bank provides a Rs. 100 mobile balance top-up.
Jyoti Bal Bachat Khata – Secure Your Child’s Future
This product is for parents who want to instill a saving habit in their children under 18. It has a very low minimum balance requirement of just Rs. 100.
Interest Rate: The account offers an interest rate of 2.75%.
Free for the First Year: It includes free mobile banking, Visa debit card, ABBS, and a cheque book for the first year.
Automatic Conversion: A key benefit is that the account automatically converts to a Jyoti Bumper Savings Account once the child turns 18, ensuring a seamless transition.
Investment Access: It also provides a C-ASBA facility for easy share market transactions.
Jyoti Smart & Bumper Savings Accounts
Jyoti Smart Savings Account is a great option for stock market investors. It has no minimum balance requirement (Rs. 0) and an interest rate of 2.75%. It provides free DEMAT account opening, Meroshare registration, and C-ASBA application charges, making it a one-stop solution for capital market activities.
Jyoti Bumper Savings Account is designed for customers who want to maximize their returns with a minimal balance. It requires only Rs. 1 to open and offers a 3.00% interest rate. It includes free services like ABBS, a cheque book, a Visa debit card, and mobile banking for the first year.
Overall Conclusion
Jyoti Bikash Bank has successfully positioned itself as a versatile and customer-focused development bank by offering a diverse range of savings products. The bank’s strategy is to provide value-driven options for every demographic, from the cost-conscious Super Smart Savings account to the empowering Nari Samman Khata, the child-focused Bal Bachat Khata, and the investor-friendly Smart and Bumper accounts. These offerings ensure that customers can find an account that fits their specific needs while enjoying competitive rates, digital banking services, and added perks.
For More: Jyoti Bank Saving Accounts
