KATHMANDU: As authorised by the Securities Board of Nepal, Bank of Kathmandu Lumbini has been providing ASBA (Applications Supported by Blocked Amount) service to its customers.

The charge of Rs 100 taken previously for this service has been waived and now the ASBA service is accessible from all bank branches free of cost, as per a media release.

As stated by the bank officials, this arrangement shall facilitate and motivate small investors and overall bank customers.