NIC Asia Account Type

　　NIC Asia offers various types of accounts to cater to the diverse financial needs of its customers. The primary account types include:

• Savings Accounts: These accounts are designed for individuals looking to save money while earning interest. NIC Asia provides multiple savings account options, such as:
• General Savings Account: Minimum balance of NPR 100, with an interest rate of 5.40% per annum.
• Youth Savings Account: Tailored for young individuals, also offering an interest rate of 5.40% per annum.
• Specialized Accounts: Such as the Sarba Shrestha Bachat Khata, which offers higher interest rates up to 7.40% depending on the balance maintained.
• Loan Accounts: NIC Asia provides various loan products, including:
• Personal Loans: Up to 14.99% interest rate.
• Home Loans: With a base rate plus up to 5% for a tenure of up to 15 years.
• Education Loans: Also available with competitive interest rates.
• Demat Accounts: For investors looking to trade in shares, NIC Asia offers demat accounts that allow for the electronic storage of securities.

　　

NIC Asia Broker Account Opening Process

　　To open a broker account with NIC Asia, follow these steps:

• Visit the Branch: Head to the nearest NIC Asia branch with the necessary documents:
• Original citizenship card.
• Two recent passport-sized photos.
• Nominee's citizenship and photo (recommended).

• 　　Online Account Opening: NIC Asia encourages digital practices. Customers can open an account online by visiting their official website.

• 　　Complete Documentation: Fill out the account opening form, ensuring all required information is accurate.

• 　　Receive Account Number: Upon successful documentation, the account is usually opened on the same working day, and you will receive your account number via your registered mobile number.

• 　　Demat Account Registration: If you wish to trade in shares, you may need to open a demat account, which can also be initiated through the NIC Asia website.

　　For more detailed information, you can visit the official NIC Asia support page: NIC Asia Support.