Sanima’s new scheme

KATHMANDU: Sanima Development Bank Ltd (SDBL) has introduced a customised deposit product ‘Sanima Shareholder Savings Deposit Account’ for its shareholders. Under this scheme, Sanima shareholders can open an account with a minimum balance of Rs 1,000, which provides 5.5 per cent interest per annum, states a bank press release here. Accountholders are entitled to free personal accidental insurance of worth Rs 100,000 and 25 per cent discount on locker rental charge and discount on commission for issuance of draft and travellers’ cheque. — HNS

PDB, SCT sign pact

KATHMANDU: Paschimanchal Development Bank (PDB) and Smart Choice Technologies Pvt Ltd (SCT) have signed an agreement to provide modern banking services including ATM facility. Rabindra Bahadur Malla, managing director of SCT and Rajendra Subedi, manager of PDB sign-ed the agreement. PDB will issue ATM cards bearing the logo of SCT and money withdrawal facilities to be availed through SCT member banks and financial institutions. 22 banks and finance companies have joined the SCT network having 71 ATM counters and 850 point of sales. —HNS