Thursday, November 5, 2009

Fewa Savings Account

Fewa Finance Limited has started Fewa senior citizen savings account from November 2 onwards. According to Fewa CEO Resham Bahadur Thapa, senior citizens above 55 years can open their accounts with Rs 500 upwards and will be provided interest at the rate of 8.50 per cent. He added that they can withdraw any digit amount and save as well. The paid-up capital of the company is Rs 270.30 million and it is soon going to be upgraded to a national level bank.

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