BIZ BRIEFS
HBL has 44 ATMs
KATHMANDU: Himalayan Bank Ltd (HBL) on Saturday opened its ATM counters at Durbar Marg, Putalisadak, Maitidevi, Chetrapati and Damak. According to the bank, with the five additional ATMs it has a 44-ATM network. The bank plans to open 15 more ATMs within the current fiscal year. — HNS
Sanima home loan
KATHMANDU: Sanima Bikas Bank Ltd has introduced home loan scheme with free life insurance coverage for the first time in the country’s banking industry`. The scheme provides free life insurance coverage until tenure of Home Loan which includes purchase of land & building, house construction and equity financing against land & building. The scheme provides insurance coverage up to 50 per cent of the loan amount or Rs 25 lakh whichever is lower.
In case of death of the borrower
during tenure of loan, insurance
coverage amount shall be reimbursed by the Insurance Company which shall go towards settlement of Home Loan. — HNS
CG bumper prize
KATHMANDU: CG Electronics Pvt Ltd handed over LG Bada Bumper Prize to Pramila Shrestha (coupon no. 5477). The Bada Bumper set includes various LG products like LG refrigerator, TV, washing machine, vacuum cleaner, microwave oven, DVD, home theatre and mobile set. LG launched its festival offer on the occasion of Dashain and Tihar. — HNS