Nabil Bank launches Mobile SmartBank, Share Loan & Share Khata product

Nabil Bank Limited has launched three new products named Mobile SmartBank, Share Loan and Share Khata for its customers. Nabil Smart Bank is the upgraded version of the existing Mobile Banking service of the commercial bank. It allows users to transfer funds within 34 banks registered in the eSewa network on a real time basis through internet and SMS channels. Also the app offers services like integration to Google Map, information about merchant offers and discounts, personalization and full account statement. Nabil Share Loan, another new product is for availing loans against dematerialized shares. The product has been designed to accommodate requirements of investors actively trading in the share market. With the increment of the stock market at all-time high, this is surely will elate share investors to make the most out of this product. Likewise, Nabil Share Khata is a new savings account with added services and benefits for customers investing in the share market. The new savings account will facilitate in the timely receipt of dividends, IPO/FPO refund.  It will work as a complimentary account to the demat account holders. ‘The bank will offer new products to fulfill the need of customers to render professionalized and efficient banking services.’ said Sashin Joshi, CEO of Nabil Bank. At present Nabil Bank has 52 branches, 90 ATM counters and more than 1500 payout agents all over Nepal.