Kathmandu, April 7 Sher Bahadur Khadka Memorial Foundation and Muktinath Bikas Bank reached an agreement for the KNP National Women’s Volleyball Tournament here today. SBKMF Patron Gamali Khadka and Chief Executive Officer of Muktinath Bikas Bank Pradyuman Pokharel signed the memorandum of understanding amidst a ceremony. As per the agreement, Muktinath Bikas Bank will sponsor the first prize of Rs 200,000. A total of six teams will take part in the tournament slated for April 27-30 at the Jawalakhel Volleyball Training Centre courts, informed SBKMF President Ranjan Khadka. Defending champions Nepal APF Club, Hongwanji New Diamond, Nepal Police Club, Tribhuvan Army Club, Western Region Volleyball Association and Jawalakhel Volleyball Training Centre are in fray for the top prize. Top three teams will receive Rs 200,000, Rs 100,000 and third-place team will get Rs 50,000. Likewise, the best player of the tournament and Sher Bahadur Khadka Special Award winners will receive Rs 15,000 and Tissot watch worth Rs 30,000 each from Sulux Centre, while the best server, libero, quicker, defender, spiker and coach will get Rs 7,000 apiece. The player-of-the-match will receive Rs 5,000. Apart from cash prizes, the organisers will also host a dinner party at Hotel Annapurna for the top three sides along with skippers and managers of other teams. Also, the 15 members of the winning team will get a suit each from The Regal Inc, while the rising player and special award winners will receive mountain flight tickets from Buddha Air. Muktinath Bikas Bank CEO Pokharel was delighted to join hands with the Foundation. President of Nepal Volleyball Association Manoranjan Raman Sharma thanked Muktinath Bikas Bank for supporting the sport. Sharma also lauded Foundation’s roles in bringing in corporate houses into the sport and for the overall development of volleyball.