Nepal Rastra Bank, Department of Monetary Management, Baluwatar, Kathmandu Notice to issue Nagarik Bachat Patra 2084
As the Department of Monetary Management, on behalf of the Government of Nepal, will issue Nagarik Bachat Patra 2084 by maintaining the following characteristics and arrangements, interested Nepali citizens are requested to apply for the purchase of Bachat Patra.
1) Features:
(A) Name of Bachat Patra: Citizen Bachat Patra 2084 (5 years).
(B) Amount to be evicted: Rs. 3.03066 billion (three billion three crores six lakhs for one thousand rupees only).
(C) Annual interest rate: 11 percent (interest tax levied).
(D) Interest payment: to be made in 66 months
(E) Purchase limit: Rs. Ten thousand at the minimum and Rs.
(F) Investor (Purchaser): Only Nepali citizens can purchase.
(G) Mortgage Facility: This Bachat Patra can be used to take/lend from other banks and financial institutions besides this bank.
2) Sale, eviction, and principal payment
(A) Sales opening period: 2079-02-12 to 2079-02-31.
(B) Issue Date: 2079-03-08.
(C) Principal Payment Date: 2084-03-08.
