10th October 2025, Kathmandu
The Nabil Premium Nari Bachat Khata is specifically designed as a premium savings account to support the financial independence and aspirations of women. It is a product that recognizes and caters to the multifaceted lives of dynamic Nepali women who excel in their professional and personal roles.
Nabil Premium Nari Bachat
This account seamlessly blends attractive financial returns with essential, free-of-cost banking services and crucial insurance protection. The entire structure of the account, from its interest rate to its bundled benefits, aims to provide a robust and hassle-free banking experience.
Key Financial Details and Interest Rate
The core financial details are crucial for any savings product. The Nabil Premium Nari Bachat Khata is currently positioned to offer a competitive return on savings, making it an excellent vehicle for wealth growth while providing superior benefits.
- Interest Rate: The current interest rate offered on the Nabil Premium Nari Bachat Khata is 2.77% per annum. This rate is applied to the savings balance in the account, ensuring that the deposited funds are consistently growing. It is important for account holders to note that interest rates on savings accounts are subject to periodic revision by the bank based on the prevailing financial guidelines set by the Nepal Rastra Bank (NRB).
- Minimum Balance Requirement: The account requires a daily minimum balance of NPR 5,000 to be maintained. This threshold is in place to ensure eligibility for the premium features and benefits bundled with the account, particularly the comprehensive insurance coverage.
- Lien Feature: A significant note for this account is that a lien is to be put on each account. This generally means the bank reserves the right to hold a portion of the account balance as security for a specific purpose, although the precise operational implications for the minimum balance should be clarified with the bank upon account opening.
Exclusive Premium Features and Banking Benefits
The Nabil Premium Nari Bachat Khata is distinguished by the range of complimentary and discounted services bundled with the account, which enhance its appeal as a premium banking product. These benefits are tailored to encourage seamless digital and in-person transactions.
Free Digital Banking Services (First Year):
- NPR Debit Card: Free subscription for the first year.
- NPR Credit Card: Free subscription for the first year, providing access to credit facilities.
- nBank Mobile Banking: Free for the first year, enabling instant transactions, bill payments, and balance checks on the go.
- nBank Web (Internet Banking): Free of cost, offering a comprehensive platform for managing accounts online.
Discounted Services:
- Locker Facility: A substantial 25% discount on the annual charge for the use of safe deposit lockers, subject to availability. This is a valuable feature for securing important documents and valuables.
- Swift Transfers/Demand Draft: Account holders receive a 50% discount on charges for swift transfers or issuing demand drafts, significantly reducing the cost of international and domestic fund transfers.
- Nabil Installment Loan (Credit Card Installment): There is a 50% discount on the loan processing fee for Nabil Installment Loans initiated through the credit card, offering favorable terms for financing purchases.
Standard Banking Facilities:
- Cheque Book Issuance: Available upon request.
- Account Statement and Balance Certificate: Provided for financial record-keeping and official purposes.
Comprehensive Nabil Care Insurance Coverage
One of the most valuable benefits of the Nabil Premium Nari Bachat Khata is the complimentary insurance protection provided under the Nabil Care scheme, in partnership with MetLife. This feature offers critical financial support during unforeseen health and life crises.
- Critical Illness Coverage: Up to NPR 300,000 is provided upon the diagnosis of any of the 13 specified critical illnesses.
- Term Life Insurance Coverage: An additional NPR 75,000 is provided as Term Life Insurance, resulting in a total coverage of NPR 375,000 in the event of death caused by one of the critical illnesses.
- Eligibility and Maintenance for Coverage: To remain eligible for the Nabil Care insurance benefits, the account holder must maintain a daily minimum balance of NPR 35,000 or above throughout an entire Nepali month. The insurance coverage then becomes effective in the subsequent Nepali month. The eligible age range for this coverage is generally for individual savings account holders between the ages of 16 and 64 years old. This is a crucial detail, as it is higher than the minimum balance required to simply keep the account open.
Process to Claim Nabil Care Insurance Benefits
The process for claiming insurance benefits is designed to be streamlined, providing financial relief when it is most needed. The core steps involve notifying the bank and providing medical documentation.
- Diagnosis and Certification: The first step is for the account holder (or their nominee/family) to obtain a certified medical report from a licensed doctor confirming the diagnosis of one of the 13 covered critical illnesses (e.g., major cancers, first heart attack, kidney failure, stroke, etc.). For a life insurance claim, a death certificate and relevant medical reports are required.
- Contacting the Bank: The account holder or their representative must visit any branch of Nabil Bank and present the doctor’s certificate and other necessary documentation.
- Bank Facilitation: The bank branch will facilitate the entire claims and settlement process with their insurance partner, MetLife. The process is straightforward and typically does not require the customer to furnish complex bills or receipts beyond the initial diagnostic certificate.
- Claim Settlement: Upon verification and processing by the bank and the insurance company, the compensation amount is typically released. Historical information indicates that the bank aims to release the compensation amount within approximately 15 days of the claim being filed, providing prompt financial assistance.
Customer Segment and Required Documents
- The Nabil Premium Nari Bachat Khata is exclusively targeted toward the female demographic within Nepal.
- Customer Segment Eligibility: The account is available to all Nepalese female citizens aged 18 or above.
- Required Documents for Opening:
- Duly filled account opening form.
- Copy of Citizenship Certificate or Passport.
- One recent Passport-size photograph.
In conclusion, the Nabil Premium Nari Bachat Khata offers a compelling package for financially-savvy women, combining a favorable interest rate with an array of free premium banking services and a vital, complimentary insurance safety net.
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