NIBL goes branchless in Tanahun

KATHMANDU, JUN 04:

Nepal Investment Bank Ltd (NIBL) has launched its third Branchless Banking Service from Bandipur-1 Dumre in Tanahun from Sunday.

“It aims to establish a well secured country wide Agent Network with presence in all 75 districts,” the bank said, adding that Branchless Banking aids in encapsulating the local population into the financial mainstream by extending the banking outreach and by creating ease of access to the unbanked and under-banked population segment.

Branchless Banking through Biometric PoS and debit card is well equipped to provide most of the retail banking services including cash deposit (self and third party) and withdrawal, fund transfers, bill payments and purchase of recharge PINs. “NIBL Branchless Banking Services is secured as it incorporates two-factor authentication — debit card and finger print — mandatory as well as provides a very easy mechanism/process to conduct financial transaction and inquiries.

NIBL is serving over 500,000 customers through its 42 branches, 68 ATMs and over 150+ VISA and NPN Member Bank ATMs. The bank has over 465,000 VISA Debit Card Holders who can also register for NIBL Branchless Banking.

Source: The Himalayan Times