Citizens Gen Z Savings Account (GnZSA)
The GnZSA is tailored for Nepali youths comes with a variety of features that make banking both convenient and rewarding. This product offers a host of innovative features and benefits tailored to meet the needs of young adults, promoting financial independence and digital engagement.
Minimum Balance: Rs. 100
Free Banking Services:
- Free issuance of Cheque Book
- Free issuance of ECOM Card for 1st Year
- Free Demat Account for 1st year
- Free C-ASBA Commission
- Free C-ASBA Registration
Additional Benefits and Fee Waiver
- Bundled Offer – Rs. 501/year for subscribing Debit Card, Mobile Banking & Internet Banking all together at once. However, Standard fees apply if these products are taken separately as per banks standard fees and commission from first year.
- 50% discount on Travel Card Issuance Charge
- Systematic Investment Plan availability – service offered by Citizens Capital Limited
- Personalized Digital Experience on Mobile Banking: Separate dashboard for Gen Z account
Cash back and Rewards
- 25% cash back on 1st Mobile Top-Up (Up to NPR 100). However, top up must be done within 7 days from date of account opening
- The referral reward offers NPR 200 for each account, provided both the referrer and referee have opened GnZSA and subscribe to at least one digital product—such as Mobile Banking, Internet Banking, or a Card—and complete at least one digital transaction. Such referral shall be received from Mobile Banking.
Social Contribution:
- NPR 250 per account to contribute towards Skill Development Training and Grant Provision for Families of Martyrs Gen-Z Protest.
- The account is available for youths born after 1996-12-31 A.D
- Applicants must be Nepali citizens, at least 18 years old, and possess valid government-issued identification documents. Accounts in the name of Minors shall not be opened.
- Scheme change into this account shall not be available.