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<p style="text-align:justify">The saving bonds are floated with an objective of encouraging savings culture among Nepalis working abroad and pool their resources for country’s development. Interested parties can apply for minimum of Rs 5000 and maximum of the amount divisible by Rs 5000. The saving bonds can be purchased by overseas migrant workers and those who returned home from foreign employment less than four months ago in the name of own-self or family members including father, mother, husband, wife, son and daughter.</p>
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<p style="text-align:justify">The saving bonds are floated with an objective of encouraging savings culture among Nepalis working abroad and pool their resources for country’s development. Interested parties can apply for minimum of Rs 5000 and maximum of the amount divisible by Rs 5000. The saving bonds can be purchased by overseas migrant workers and those who returned home from foreign employment less than four months ago in the name of own-self or family members including father, mother, husband, wife, son and daughter.</p>
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January 30: Nepal Rastra Bank (NRB) on behalf of the government is issuing foreign employment saving bonds amounted to Rs 500 million from today till February 28. The 'Foreign Employment Bond 2078' with a maturity period of 5 years is targeted at Nepalis working aboard and non-resident Nepalis.
NRB said that the distribution of saving bonds will take place on March 6. The bank informed that the principle amount will be return on 7 March 2022 with interest and the 10 per cent interest including interest tax will be paid semi-annually. According to the bank, the bonds can be used as collateral to obtain loan from BFIs.
The saving bonds are floated with an objective of encouraging savings culture among Nepalis working abroad and pool their resources for country’s development. Interested parties can apply for minimum of Rs 5000 and maximum of the amount divisible by Rs 5000. The saving bonds can be purchased by overseas migrant workers and those who returned home from foreign employment less than four months ago in the name of own-self or family members including father, mother, husband, wife, son and daughter.
NRB has appointed 13 internal sales agents including Citizens Bank (Kamaladi), NMB (Babarmahal), Nabil (Tindhara), Durbarmarg, Machhapuchchhre (Lazimpat), Prabhu (Anamnagar), Sunrise (Gairedhara), Siddhartha (Hattisar), Sanima (Naxal), Century Commercial (Putalisadak), Prabhu Money Transfer (Lainchaur), City Express Money Transfer (Kamaladi), IME(Panipokhari), and Sewa Remit (Kuleshwor) to sell the saving bonds.
Externally, NRB has appointed sales agents in eight different foreign employment destinations including Qatar, Malaysia, America, India, Saudi Arab, UAE, Japan, Korea, Bahrain, Australia and UK.
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<p style="text-align:justify">NRB has appointed 13 internal sales agents including Citizens Bank (Kamaladi), NMB (Babarmahal), Nabil (Tindhara), Durbarmarg, Machhapuchchhre (Lazimpat), Prabhu (Anamnagar), Sunrise (Gairedhara), Siddhartha (Hattisar), Sanima (Naxal), Century Commercial (Putalisadak), Prabhu Money Transfer (Lainchaur), City Express Money Transfer (Kamaladi), IME(Panipokhari), and Sewa Remit (Kuleshwor) to sell the saving bonds.</p>
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<p style="text-align:justify">NRB said that the distribution of saving bonds will take place on March 6. The bank informed that the principle amount will be return on 7 March 2022 with interest and the 10 per cent interest including interest tax will be paid semi-annually. According to the bank, the bonds can be used as collateral to obtain loan from BFIs.</p>
<p style="text-align:justify">The saving bonds are floated with an objective of encouraging savings culture among Nepalis working abroad and pool their resources for country’s development. Interested parties can apply for minimum of Rs 5000 and maximum of the amount divisible by Rs 5000. The saving bonds can be purchased by overseas migrant workers and those who returned home from foreign employment less than four months ago in the name of own-self or family members including father, mother, husband, wife, son and daughter.</p>
<p style="text-align:justify">NRB has appointed 13 internal sales agents including Citizens Bank (Kamaladi), NMB (Babarmahal), Nabil (Tindhara), Durbarmarg, Machhapuchchhre (Lazimpat), Prabhu (Anamnagar), Sunrise (Gairedhara), Siddhartha (Hattisar), Sanima (Naxal), Century Commercial (Putalisadak), Prabhu Money Transfer (Lainchaur), City Express Money Transfer (Kamaladi), IME(Panipokhari), and Sewa Remit (Kuleshwor) to sell the saving bonds.</p>
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<p style="text-align:justify">The saving bonds are floated with an objective of encouraging savings culture among Nepalis working abroad and pool their resources for country’s development. Interested parties can apply for minimum of Rs 5000 and maximum of the amount divisible by Rs 5000. The saving bonds can be purchased by overseas migrant workers and those who returned home from foreign employment less than four months ago in the name of own-self or family members including father, mother, husband, wife, son and daughter.</p>
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<p style="text-align:justify">NRB said that the distribution of saving bonds will take place on March 6. The bank informed that the principle amount will be return on 7 March 2022 with interest and the 10 per cent interest including interest tax will be paid semi-annually. According to the bank, the bonds can be used as collateral to obtain loan from BFIs.</p>
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