KATHMANDU: Everest Bank Limited (EBL) has recently launched a new deposit product called Asha 2070 Fixed Deposit with the objective of inculcating the habit of making long-term savings among the general public. The product is targeted at individuals aiming to get a higher return compared to regular fixed deposits over a period of time, said the bank in a statement. Under the scheme, the deposit not only attracts a higher rate of interest, it also accumulates into a handsome amount with quarterly compounded interest during a period of 2,070 days.
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