NIC ASIA Bank enters into Bancassurance Business with Surya Life

NIC Asia Bank has done Bancassurance Business tie up with Surya Life Insurance Company Ltd. According to this agreement Bank’s customer can easily procure Life Insurance Policies from bank’s 225 branches over country level. Acting Chief Executive Officer, Mr. Roshan Kumar Neupane from bank and Chief Executive Office, Mr. Shiva Nath Pandey from Insurance Company has signed the Bancassurance agreement.   

Currently, NIC ASIA Bank has been providing customer oriented and quality banking services through the network of 225 branches, 14 extension counters with 218 ATMs, 11 branchless banking locations and 1520 POS machines. 

While balance sheet size of bank has reached more than 175 Billion, bank has secured the first position among private sector banks in the industry with total deposit of 150 Billion and second position in Loans and advances with Total loan disbursement of 119 Billion in the last fiscal year. The customer base of the bank has reached to 1,175,000. The bank has always followed the best practices of good governance, risk management and internal control mechanisms.