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Home Prime News

CIT Provides 1% Return to Savings Growth Retirement Fund Participants

CEO Tab by CEO Tab
April 22, 2025
in Prime News
0
CIT to guarantee shares of IME Life Insurance

This image shows the office building of Citizen Investment Trust in New Baneshwor, Kathmandu.

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The Citizen Investment Trust (CIT) has credited a 1% return—amounting to Rs 1.52 billion—to participants of its Savings Growth Retirement Fund programme. The return is calculated based on the total funds deposited in each participant’s account.

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The decision was finalized during a CIT board meeting held on April 12, 2024. According to the resolution, the return applies to all participants who held funds in the CIT as of the same date. The payout was made using the fund’s total accumulated profit.

This additional return has already been deposited into the accounts of eligible participants. The CIT continues its practice of offering supplementary returns to its members as part of its commitment to long-term savings growth.

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