BoK launches branchless banking

KATHMANDU:

In a bid to inculcate banking habit among people of lower income groups and those living in rural areas, Bank of Kathmandu (BoK) has introduced ´Ghar Angan Banking Sewa´.

Issuing a press statement on Sunday, the bank said the service aims to provide efficient and effective services to the population having no access to banking services.
"The branchless banking services will be initially carried forward through POT (Point of Transaction) machines which have been deployed in 20 new centers across the country mostly in remote areas, so that people can have easy access to banking services from their home itself," the statement said.

Source: Republica