NCC pays insurance

KATHMANDU: NCC Bank has paid insurance amount of Rs 5,00,000 to the family of deceased Gautami Gurung of Bharatpur — a depositor. Late Gurung had opened an account under Mahila Surakchya savings accounts wherein she was entitled to free accident insurance, said the bank. While undergoing treatment at Bharatpur hospital after suffering a bike accident, she breathed her last on December 27. — HNS

Savings scheme

KATHMANDU: Bharosa Nepal Multipurpose Cooperative Ltd. (BNMC) launched Bal-Briddha Account on the occasion of its 10th anniversary of operations here on Tuesday. This account is targeted at children and elders and gives 10 per cent interest on a quarterly basis. BNMC has a share capital of Rs 2,384,500 with 21.90 per cent growth compared to the last fiscal year. It has a deposit of Rs 16 million in savings and Rs 13 million in fixed deposits, according to a press release issued by chairperson Subash Kharel. It has an investment of Rs 24.3 million in hire purchase, real estate and small and medium scale business. — HNS

VDIS collection

JANAKPUR: The Inland Revenue Department, Janakpur, has collected Rs 12.5 nillion under the voluntary disclosure of income source (VDIS) scheme. The collection is double than the target. The department has targetted collecting Rs 10 million more during the extended deadline for the scheme. The deadline has been extended till the end of the month of Falgun. Chief of the office Dinesh Shah said the number of people paying land/house tax and health tax has also gone up. — RSS

Loan exemption

HETAUDA: The Agricultural Development Bank Hetauda has exempted loans amounting to Rs 110 million taken by 3,370 debtors of Makwanpur, and released their collateral. The bank has completed 95 per cent of the work within the deadline fixed by the government, said bank branch officer Sriram Adhikari. — RSS