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Everest savings: Everest Bank Ltd. (EBL) has launched Sunaulo Bhawisya Yojana, a deposit scheme that will enable customers to transform small savings deposits into a bulk amount thanks to a higher rate of return. Under this scheme, customers must deposit at least Rs 500 every month for a specified period of time and the bank will pay the principal amount along with half-yearly compounded interest to the depositor at the time of the maturity. The deposit period is 1-5 years. The scheme also includes the flexibility to extend an advance up to 90 percent of the deposited amount at an interest rate 1.25 percent higher than the deposit rate.

Fingerprint safe: Home Furnishers has introduced the first ever Fingerprint Lock Safe in Nepal, made by Korea's Bumil Safe Company. The safe is able to hold nine fingerprints, which can be verified within less than one second.
You can also enter a digital password.


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