Respecting the true spirit of Co-operative revolution by the Government of Nepal, Shikhar Deep Multipurpose Co-operative Ltd. is established under the then Co-operative Act 2048, with the slogan “Higher Summit, Higher Thought, Higher Commitment“.

With due respect to the spirit of co-operative revolution of the Government of Nepal, Shikhar Deep Multipurpose Co-operative Ltd.  has been providing number of financial opportunities to its needy members and society as a whole, ignoring cheap assurance of the market, since its establishment. The head office of Shikhar Deep Multipurpose Co-operative Ltd. is situated in Kaushaltar, Bhaktapur. This multipurpose is established in Nepal by a group of enthusiastic and experienced corporate individuals and entrepreneurs. This institution is managed by hilly skilled personnel who have involved in different financial sectors throughout the country. Shikhar Deep is one of the multipurpose business corporate houses of Nepal. We believe in development of our business investment by providing quality product & services. We have different branches across the Kathmandu Valley and are planning to grow our services and operation throughout Nepal.

      • Kaushaltar
      • Newroad
      • Patan
      • Bagbazar
      • Kamalbinayak
      • Kirtipur
      • Maharajgunj

Our Schemes

Account Description Amount Interest Rate Account Type
Normal Saving Account 500 9% Monthly Minimum Balance
Special Saving Account 5,000 8% Daily Balance
Housewife Saving Account 5,000 8.5% Daily Balance
Senior Citizen Saving Account 5,000 8.5% Daily Balance
Jumbo Saving Account 15,000 9.5% Daily Balance
Employee Saving Account 1,000 7.5% Daily Balance

 

This saving scheme is for the children and has the compulsory time period of 5 years. Under this saving scheme, the stated amount must be deposited monthly. Otherwise, the company would not be liable for the payment of whole sum amount.

Monthly Saving Birthday Bonus Whole Sum Payment
10,000 6,500 8,00,000
7,500 4,000 6,00,000
5,000 2,500 4,00,000
2,500 1,200 2,00,000
1,250 500 1,00,000
625 250 50,000

This saving scheme is targeted for the senior citizens and has the compulsory time period of five years. Under this saving scheme, the stated amount must be deposited monthly, otherwise, the company would not be liable for the payment of the whole sum amount.

Monthly Saving

Dashain Bonus

One Time Payment

10,000

6,500

8,00,000

7,500

4,000

6,00,000

5,000

2,500

4,00,000

2,500

1,200

2,00,000

1,250

500

1,00,000

625

250

50,000

This saving scheme is an one year saving scheme. Under this saving scheme, the account can be opened by depositing minimum amount of Rs.1000. Also, the amount used while opening the account should be compulsorily deposited monthly for 1 year period. The interest rate for this saving scheme is 13%. Upon the completion of period, the total amount will be paid along with the interest of the principle sum.

Periodic Saving

This saving scheme is done for a specific time period. Under this saving scheme, the customer can open the account and deposit the amount on Daily/Weekly/Monthly basis. Upon the completion of period, the total amount will be paid along with the interest of the principle sum.

6 Months 1 Year 2 Years 3 Years
10% 11% 12% 13%

Under this saving scheme, the customer’s need to deposit the amount on monthly basis for 3 year period. The customer would be getting the services as mentioned in the table below. Upon the completion of period, Whole sum payment would be provided to the customer. In case of natural death during the insured period, the mentioned amount of the account holder will be paid to the account holder’s nominee. And, in case of accidental death, twice the amount of insured amount will be paid along with the saving amount of the account holder.

Monthly Saving

Gifts

Natural Death

Accidental Death

Whole Sum Payment

1,200

250

50,000

1,00,000

50,000

2,400

550

1,00,000

2,00,000

1,00,000

3,600

900

1,50,000

3,00,000

1,50,000

4,800

1,300

2,00,000

4,00,000

2,00,000

6,000

1,750

2,50,000

5,00,000

2,50,000

7,200

2,250

3,00,000

6,00,000

3,00,000

8,400

2,800

3,50,000

7,00,000

3,50,000

9,600

3,400

4,00,000

8,00,000

4,00,000

10,800

4,050

4,50,000

9,00,000

4,50,000

12,000

5,000

5,00,000

10,00,000

5,00,000

Note: The insurance policy will come into an act only after the third installment payment of the insurance amount. And, in case of the accidental death of the account holder, insured amount will be paid after the deducting the processing charges of insurance. This policy can only be exercised by the age group that falls under 18 to 50 years of age.

Under this saving scheme, the customer can deposit specific amount for specific period of time.

Period

Monthly

Quarterly

Half-Yearly

Yearly

Whole Sum

3 Years

12.5%

13%

13.5%

14%

15%

2 Years

12.25%

12.75%

13%

13.5%

14%

1 Years

11.5%

12%

12.5%

13%

13%

6 Months

11%

11.5%

12.5%

For the financial and socio-economic welfare, the company has the provision of loan at affordable interest rate to the members, abiding the principles, norms and values of organization. The loan facility can be provided if the member has completed the membership period of three months in the organization.

Loan Types

Interest Rate

1.       Group Guarantee

 

A. Industrial Loan

21% / 17%

B. Business Loan

21% / 17%

C. Education Loan

21% / 17%

Loan Types

Interest Rate

1.       Collateral Loan Policy

 

A. Industrial Loan

20%

B. Business Loan

20%

C. Home Loan

20%

D. Higher Purchase Loan

18%

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