Kathmandu, September 7:

Himalayan Bank Ltd (HBL) has brought three new schemes — Bishesh Bachat Khata, Recurring Savings Account and Jumbo Term Deposit Account.

HBL chief executive officer Ashok Shumsher Rana today said the new schemes had been launched to cater to the needs of customers from every strata of society.

CEO Rana said the Bishesh Bachat Khata is targeted at the under-aged, adults above 50 years of age and people with physical disabilities. The minimum balance required for the account is Rs 2,000 and it will attract 0.5 per cent more interest than in the regular accounts. A customer can get free debit card and an accident insurance of Rs 5 lakh maximum.

The Recurring Savings Account has a maturity period of three years where deposits can be made on instalment basis. The interest rate it earns is six per cent annual. The account also provides the facility of accident insurance.

Jumbo Term Deposit Acount — a term deposit — provides huge outcomes. One can get lump sum money and the scheme attracts 6.5 to seven per cent interest rate.

All these accounts can be opened at any branch of HBL that has during the fiscal year 2007-08 collected a total deposit of Rs 31.93 billion.

HBL has also loaned Rs 20.17 billion, while the total operating profit of the bank in the fiscal year 2007-08 was Rs 1.05 billion.