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simple savings, big rewards-ncc Bank NRB Welfare Deposit Pension Scheme (WDPS)

NRB Welfare Deposit Pension Scheme (WDPS)

A secure pension plan for NRBs to build long-term savings with fixed monthly deposits for 3, 5, or 7 years.

3 Years Tenure 5 Years Tenure
Monthly installment Maturity Amount 5 Yrs. Monthly Repayment Monthly installment Maturity Amount 7 Yrs. Monthly Repayment
5000/- 2,08,909.00 4,435.00 5000/- 3,87,185.00 7,170.00
7000/- 2,92,473.00 6,210.00 7000/- 5,42,060.00 10,040.00
15000/- 6,26,727.00 13,310.00 15000/- 11,61,556.00 21,515.00
  • Any NRBs of 18 years or more can open this account.
  • The NRB must have a valid residence visa/work permit/trade license abroad or related documents.
  • Any NRBI beneficiary of NRB or jointly can open the account.
  • No extra benefit for advance payments.
  • Installment deadline: 10th of each month.
  • Late fee: 2% of monthly installment.
  • Failing three (3) consecutive installments, the account will be closed.
  • Government excise/tax at source etc. applied.
  • 2 passport-size photos.
  • Valid passport (with visa page), NID for beneficiary.
  • Nominee photo (attested).
  • Proof of overseas residence (if available).
  • Address Proof: (If Any) - Resident Permit/Work ID.