Kamana Sewa Bikas Bank Integrates Mobile App with Government's Taxpayer Incentive Scheme

Kamana Sewa Bikas Bank Limited has integrated a feature into its mobile banking application to help its customers easily participate in the "Taxpayer Incentive Gift Scheme," run by the Inland Revenue Department under the Ministry of Finance.

With this update, eligible payments made to merchant QR codes through the bank's mobile app will automatically qualify for the lucky draw. Customers do not need to register or upload their transaction details separately. They can also track their eligible transaction count and history directly within the bank's mobile app.

Under this government scheme, regular lucky draws will be held among eligible transactions. The Inland Revenue Department will award NPR 1,00,000 (after tax deduction) to one daily winner, and a bumper prize of NPR 10,00,000 to one winner every 15 days.

The bank encourages its customers to make digital payments on purchases over NPR 100, collect and keep PAN/VAT bills safely, and regularly check their eligible transactions through the app.