To provide customized deposit products and services to remittance customers, Himalayan Bank Ltd has launched a news deposit scheme -- "Himal Remit Saving Accounts." According to a press statement, the scheme is targeted at remittance customers offering minimum balance of zero rupees, interest rate 5 per cent per annum, accidental death insurance of coverage for maximum value of Rs 0.5 million.
The annual inward remittance received by HBL is approximately Rs 29.70 billion.
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