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Butwal Finance Limited.

Home Saving Scheme:

 

This saving scheme has been introduced to encourage small investors to save certain part of their monthly income. Under this scheme one has to deposit Rs 500/- (Five Hundred) / Rs 1000/- (One Thousand) every month on installment basis till 30th month. After maturity of this scheme (On 30th Month), the total accumulated amount is paid at the end of 31st month.

 

SN

Installment

Total amount balances at the end of 30th months

Payment at the end of 31st months
1 Rs. 500 Rs. 15000 Rs. 17000
2 Rs. 1000 Rs. 30000 Rs. 34000

 

 

Daily/Weekly Over Draft Saving Scheme:

 

Under this scheme, one has to open an account by depositing Rs. 50/- (Fifty) or by any number divisible by 50. This programmer lasts for 365 days or 52 weeks. Right after the 53rd week of the account operation, the company refunds the total deposit with 6% interest. The interest is calculated on daily basis.

 

Provident Fund Deposit Scheme:

 

This Scheme is suitable especially for those organizations that provides provident fund facilities to the staff. Under this scheme, the employer can open saving account in the name of their employees and deposit the deduction on monthly basis. The interest in this scheme is given at the rate of 7% and the calculation is done on quarterly basis.

 

 

Fixed Deposit Account:

Anyone willing to open this account should deposit Rs. 1000 (Rs. One Thousand only) as minimum balance.
 

Duration

Quarterly Interest Payment rate

Yearly Interest Payment rate

Interest paid
on maturity

3 Months - -

5.85 %

6 Months 6.00 % - 6.05 %
9 Months 6.25 % - 6.35 %
1 Year 6.50 % - 6.65 %
2 Years 6.75 % 6.90 % 7.15 %
3 Years 7.00 % 7.15 % 7.70 %
4 Years 7.10 % 7.25 % 8.00 %
5 Years 7.25 % 7.45 % 8.50 %
6 Years 7.50 % 7.70 % 9.25 %
Special Saving
5.75 %
  
Provident Fund
7.00 %
  
Daily, Weekly
6.00 %
  
Home Saving Scheme

34 installment equivalent at the time of 31st month

 

All Right Reserved (2010) Butwal Finance Limited

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Ever since the government of Nepal adopted the market oriented liberal economics policy for sustainable development, poverty alleviation, regional balance and resolving unemployment problem of the country, the involvement of private sectors in economic activities have increased substantially. The private companies play significant role to the economic progress of the country.
 
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The service of the organization and the behaviours of the staffs are very friendly.