EBL 23 years of Banking
Forex:

US DOLLAR 1 Buying 117.80 Selling 118.40

GB POUND 1 Buying 154.10 Selling 156.05

SWISS FRANC 1 Buying 118.31 Selling 119.50

AUSTRALIAN DOLLAR 1 Buying 84.51 Selling 85.37

CANADIAN DOLLAR 1 Buying 89.99 Selling 90.90

SINGAPORE DOLLAR 1 Buying 85.02 Selling 85.88

HONGKONG DOLLAR 1 Buying 14.96 Selling 15.11

JAPANESE YEN 10 Buying 10.47 Selling 10.66

EURO 1 Buying 135.22 Selling 136.59

CHINESE RENMINBI 1 Buying 16.95 Selling 17.12

THAI BHAT 1 Buying 3.58 Selling 3.62

KOREAN WON 10 Buying 1.02 Selling 1.04

SAUDI RIYAL 1 Buying 31.26 Selling 31.57

QATARI RIYAL 1 Buying 32.20 Selling 32.53

As per 2018-10-15 | View All

SADICHHA Recurring Deposit

The new scheme has been launched with an objective to mobilize small deposits from youngsters in the form of regular savings for their future investments. This scheme is most suitable for accumulating regular small savings into handsome amount and one can plan for a large investment in future. Even parents can open the account in the name of their children to accumulate fund to finance higher studies of the children.

Target Customer:

· Children in the age between 1 day to 16 years

Attractive Features:

· Additional 0.50% interest rate will be provided over the normal rate as Education Bonus to the children. (The branch shall input 0.50% at A/c Preferential Cr. at the time of opening the account).

· This account has been linked with CSR initiative and thus, the bank will provide Rs.5.00 for every account to raise fund for helpless & needy people. Every year on annual day function, the fund will be donated to Orphan house/Schools/child activists etc.

Eligibility:

· Account can be opened in the name of the children under guardianship of the Parent.

· More than one account can be opened.

· Having savings account of the parent/child is essential from which monthly installment will be debited after receiving standing instruction authority.

Minimum Deposit:

· Minimum monthly installment of Rs.1,000.00 to Maximum Rs.10,000.00 (in multiples of thousand)

Interest Rate: As per Normal Fixed Deposit rate

Period: Minimum 1 year to maximum 10 yrs (in multiple of 1 year)

Maturity Value:

· At maturity, the depositors will get the predetermined amount which include principal amount along with interest calculated on daily basis & compounded on quarterly intervals. (The branches will be provided with the excel sheet by ICT Department for calculation of maturity value).

Late Deposit Charge: In case of late deposit of monthly installment, penal charge of Rs.50 will be levied per installment.

Premature Withdrawal: In case of payment before maturity, interest payable in respect of such deposit shall be 1% less than the rate applicable for actual deposit period or at contracted rate, whichever is lower.

Borrowing Facility:

· Depositors may borrow up to 90% of their accumulated deposit at interest rate of 1.5% above the deposit rate besides premature withdrawal facility completely for the benefit of the child.

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