Tuesday, July 28, 2009

Sunrise Bank's New Products

Sunrise Bank has launched two new products, `Sunrise Lakhpati Bachat' and `Sunrise Gold Loan'. It also expanded its existing Sunrise Overdraft Savings Account (ODSA). "In the Lakhpati scheme, a customer must deposit Rs 2,510 per month for three years or Rs 3,900 per month for two years or Rs 8,070 per month for a year depending upon the type of scheme," said bank CEO Kishore Maharjan. In Gold scheme, a customer can take a loan from Rs 50,000 to rs 20,000,000 on gold collateral at 10 per cent interest from the bank's New Road branch.

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