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Kumari Bank Launches “Green Savings Deposit Account” to Promote Sustainable Development and Environmental Conservation

Kathmandu: In alignment with national and global commitments to achieving the Sustainable Development Goals (SDGs), Kumari Bank Limited has launched a new and innovative savings product titled “Green Savings Deposit Account.” This initiative underscores the Bank’s commitment to sustainability by integrating environmental responsibility into its financial services, operations, and business practices.

Based on the inspiring principle of “One Account, One Tree,” Kumari Bank will plant one tree for every new account opened under this scheme enabling customers to directly contribute to environmental conservation and climate resilience through their savings.

In addition to supporting a greener planet, customers who open a Green Savings Deposit Account will enjoy the following exclusive benefits:

  • 0.25% higher interest rate compared to regular savings accounts
  • Insurance coverage for account holders
  • Free mobile banking for two years
  • Foneloan facility up to NPR 200,000 (subject to eligibility)
  • Tree plantation for every account opened

According to Mr. Arpan Paudel, Head of the Sustainable Banking Department at Kumari Bank, “The Green Savings Deposit Account not only provides financial benefits to customers but also channels funds into projects that promote sustainable development and environmental well-being. Through this initiative, every customer becomes a part of our mission to create a greener and more responsible future.”

The new Green Savings Deposit Account is available at all Kumari Bank branches across Nepal. Interested customers can learn more by visiting the Bank’s official website or contacting their nearest branch.

For over 24 years, Kumari Bank has been providing reliable and innovative banking services nationwide. The Bank actively promotes financial literacy, social responsibility, and environmental stewardship under its Corporate Social Responsibility (CSR) framework. With a strong network of 302 branches, 317 ATMs, 50 extension counters, and 48 branchless banking units, Kumari Bank continues to lead the way in delivering accessible, efficient, and sustainable financial solutions to its valued customers.

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