February 16: Kumari Bank has announced a Special Fixed Deposit Account plan in which 12 per cent interest will be provided to the customers. Issuing a press statement, the bank informed of providing the customer advance monthly interest payment.

According to the bank, the fixed deposit account can be opened with minimum of Rs 100,000 for six months or 1 year. The plan is applicable to individual depositors and private organisation. "Under the scheme, the customers will be provided free VISA debit card for one year. Moreover, the customers are also entitled to free ASBA facility throughout the FD period from the bank," reads the statement.