CTBN NRN Account
It would be surprising to known that there are more than 8 million NRNs staying in different countries across the globe pursuing business or profession of their dreams. And it comes as a bigger surprise that more than millions of dollars have been deposited by these NRNs in Foreign currency Rupee Account (NRN-RA) and Forex Account NRN-FCA in Nepal. In order to encourage NRNs to come back to Nepal and to make investment in their homeland, they can now open various NRN accounts. By opening NRN-RA account or NRN-FCA accounts, these Nepalese can gain a number of benefits. Through their NNR-RA rupee account and NRN-FCA Forex account, they can even invest in Nepalese stock market.
Nepalese having NRN rupee account could also find it easier to buy property in Nepal as loan processing takes lesser time for people having NRN accounts. There are various types of NRN accounts that can be opened in India including NRN-RA account also known as NRN rupee account, Ordinary NRN rupee account includes NRN account for fixed deposits account also.
Offer made to you by Commerz and Trust Bank Nepal Limited
Account Options for NRNs
NRN Rupee account
Saving Account
Minimum balance NRs 500/-
Interest 5.50% pa
Premium saving Account
Minimum balance NPR 10,000/- (Inside Kathmandu Valley) and NPR 5,000/- (Outside Kathmandu Valley)
Interest 6.00% pa
NRN-FCA Foreign currency account
Interest rate negotiable
Other terms and as prescribed by Nepal Rastra Bank.
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What are the different types of rupee accounts permitted to be maintained by Non Resident Nepalese?
How to open NRN-RA Account/NRN-FCA Account in Nepal?
Can proceeds of foreign currency notes/travelers cheques be credited to NRN accounts without any restriction?
Can a NRN authorize a close relative to operate his NRN accounts?
Can NRN accounts be maintained by NRNs jointly with residents?
Do non-resident Nepalese citizens require permission of any authorities to acquire residential/commercial property in Nepal?
Can pension received by the account holder from abroad be credited to his NRN account?
Who can open NRNs rupee account?
Do I need to visit to Bank Personally?
Can I send document electronically?
