Kumari Remit IPO Saving Account

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    Features of Kumari Remit IPO Saving Account:

    • Minimum Balance:- NPR 1,000/-
    • Can open additional savings account as operating account (As per Bank's norms)
    • Cash deposit from bank's counter are restricted.

    *Conditions applied

    Eligibility Criteria: 

    • Any Nepalese citizen with a source of income in a foreign country may open a Kumari Remit IPO Savings Account by submitting the evidence of employment related documents:
      • Valid Passport
      • Valid Visa
      • Valid work permit
      • They must have received NPR 50,000 or more within the previous six months as of the IPO application date.
      • Must have transfer the necessary funds from the sendor's working country to the same remittance account through a valid remittance medium (such as SWIFT, wire transfers, international money transfers, etc.).
      • The sender and account holder must be the same person.