Frequently Asked Questions

a) Kumari Swastha Jeevan Bachat Khata - It is a saving deposit product to promote 'saving habit' and 'good health' amongst people. The Bank has tie up with various hospitals nationally and internationally (Medanta, Medicity - New Delhi) for discounts on medical services to customers at partner hospitals.

b) Kumari Remit Bachat Khata - This saving product is to facilitate migrant workers and their relatives where account holder can deposit as well as send a payment request to the Bank for hte payment of fund to the beneficiary.

c) Kumari Salary Saving

d) Shareholders' Saving Account

e) Kumari Big Saving Khata

f) Kumari Smart Bachat Khata

g) Kumari Saving
 - This account is for customers with a deposit range above Rs 1000, 000/- The banks offers competitive rate and various services and facilities and allows you can bank at your convenience, without the stress of waiting in queues.

h) Twinkle Star Saving - This account is a minor account for children below the age of 16.This scheme encourages children and guardians to develop a habit of saving for tomorrow. The account will be opened in the name of the child and account operation will be done by the guardian/Parent till the child reaches the age of 16.

i) Subha Laxmi Saving - This account is for housewives as well as working women .Other than the competitive interest rate the bank also offers attractive facilities and discounts.

j) 50+ Saving - This account is for senior citizens above the age of 50. No more waiting in long queues, a senior citizen can approach the Customer Service Department at any Kumari Bank branch and get their account serviced.

For further product details, please contact our Customer Service Dept, at any of our branches.

  • Nepali Residents
  • Indian Residents holding valid Registration at the Indian Embassy in Nepal
  • Foreign Nationals holding a valid visa, other than a tourist visa.

Customers who wish to open a deposit account with KBL may visit any of our branches .Upon request for account opening, our Customer Service department will provide the necessary forms, which must be duly filled and signed by the account holder, request for Checkbook and ATM Card must also be made, as per the requirement.

  • Copy of Citizenship or Passport or Registration certificate, in case of Indian Nationals.
  • Two recent Passport size photographs

Kumari Bank offers a competitive interest rate for a wide variety of Deposit Products to suit your requirements. Convenience of networked branches/ ATMs and facility of E-channels like Internet and Mobile Banking, besides customers can also enjoy numerous facilities and discounts on various products of the bank like, Loan processing fee, Remittance, Locker. The bank also offers free accidental insurance, privileged counters, Utility bill payment and many more.

For the updated Interest rates being offered by KBL , please follow the link below.

Bank will provide interest on all types of Savings accounts .Interest calculation is done as per the policy of the bank which may vary according to the Deposit schemes. Normally, bank will provide interest on the deposit maintained in the account on a monthly minimum basis. Interest will not be paid if the monthly minimum balance is not maintained.

Interest earned on the Normal Saving accounts (interest bearing accounts) will be credited on quarterly basis on the last day of the month of Ashadh, Ashwin, Poush and Chaitra. For all other types of Fixed Deposit interest will be provided on Quarterly basis on the last day of the month of March, June, September and December.

Tax will be deducted on the interest earned @ of 5%

Minimum balance requirement is different as per the nature of accounts. Customers will be required to inquire with the branch at the time of opening the account, for other types of saving deposit the minimum balance requirements are:-

  • Kumari Swastha Jeevan Bachat Khata –Minimum balance of Rs 5,000/-
  • Kumari Remit Bachat Khata –Minimum balance is Nil.
  • Kumari Salary Saving Account - Minimum balance of Rs 1,000/-
  • Shareholders Saving Account -Minimum balance of Rs 500/-
  • Kumari Big Saving - Minimum balance of Rs 5,000/-
  • Kumari Smart Bachat Khata - Minimum balance is Nil.
  • Kumari Saving - Minimum balance is Rs. 1,000/- or Above.
  • Twinkle Star Saving- Minimum balance of Rs 1,000/-
  • Subha Laxmi Saving - Minimum balance of Rs 1,000/-
  • 50+Saving - Minimum balance of Rs 1,000/-

No, the rates for these saving products are not negotiable, however subject to certain conditions, rates maybe negotiated. For further details, please contact any of our branches.

Statements will not be posted or emailed, it will have to be collected from the respective branch where the customer maintains the account, however for customers residing abroad, upon their request, it maybe sent via the email provided at the time of A/c opening.

Statements can be collected from the bank on Quarterly basis, however upon Customer’s request, it may also be provided on demand basis after paying a certain fee.

Check book will be provided upon Customer request to all types of Saving deposit accounts, provided maintenance of minimum balance requirement.

Yes, the bank will provide personalized Checkbook for all accounts maintained with the bank.

Customers can deposit any amount without any restriction, however if the amount exceeds 1 million, the source of income must be mentioned on the deposit voucher. Similarly there are no restrictions for withdrawals ,however customers must give 1 day prior notice to the bank for withdrawals above 0.5 million. For withdrawals through ATM debit Card, withdrawals per day is limited up to Rs 100,000/-

Customer can make any number of deposits and withdrawals without any restriction, however the number of withdrawals by means of Debit Card cannot exceed 10 transactions per day.

No, customers have to visit the bank personally to open an account .

Yes, customers can download the application form and submit the same to the bank together with other requisite documents.

Introduction from an existing account holder of KBL is a requirement, however in the absence of this, customers may fill in the details of a referenced person.

Yes, customers are required to deposit money on the day of account opening itself, however if checks of other banks are deposited, same must be informed to the Customer service department.

All requests for account closure must be made in writing, by signing the closure form by the account holder. In addition to the closure request, any unused cheques and ATM/Debit Cards (if taken) must also be surrendered to the bank.