Shangri-la Recurring Account

Recurring Account is a specially designed term deposit, offered to our customers having regular income to deposit a fixed amount Daily/Weekly/Monthly into their recurring deposit account and earn good interest return. This kind of deposit has a specific maturity date and this product allow customers an opportunity to build up their savings through Daily/Weekly/Monthly deposits of a fixed sum over a fixed period of time. Apply Now arrow_right_alt
Interest rates on balances
Interest rate up to

3 % p.a

Min. balance

100 rs


Who are eligible
Age

18

Withdrawal

Unlimited

Features

  • Interest will be calculated on daily basis and shall be posted quarterly
  • Unlimited withdrawal/deposit shall be provided in line with our Operational Manuals and NRB Directives
  • Certain amount needs to be deposited Daily/Weekly/Monthly
*Condition applied

Why open a SHANGRI-LA RECURRING ACCOUNT

banking
Free Cheque Book

Free Cheque Book Issuance

why4
ABBS

Any-Branch-Banking-Service (ABBS) available

why2
ATM

ATM Issuance available

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On Demand Account Statement

On Demand Account Statement available on request of customer

Everything you will need to Open an SHANGRI-LA RECURRING ACCOUNT

Ready to open SHANGRI-LA RECURRING ACCOUNT

The Process

  • Apply online

    Check that you’re eligible and what you need, then apply online.
  • Upload your documents

    Check that you’re eligible and what you need, then apply online.
  • Wait for approval

    Check that you’re eligible and what you need, then apply online.
  • Congratulations your account is open.

    Check that you’re eligible and what you need, then apply online.
  • Visit nearest branch for further processing 
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