Kumari Bank offers e-pay for schools

Himalayan News Service

Kathmandu, June 21:

Kumari Bank Ltd (KBL), the 17th commercial bank in the country which had pioneered internet banking in Nepal, has now introduced e-pay services for schools. With a view to provide better services and a fast means for teachers and students to pay bills, the bank has started it first e-pay facility for schools and colleges, Vidushi Rana, relationship manager, marketing of KBL informed The Himalayan Times. In KBL, schools, students and teachers all can open their accounts from any branch office of the bank and get services through internet, Rana said. KBL internet banking offers services such as current balance in the account, transaction search, cheque book replenishment request, transfer account locations, demand draft pay order request, stop payment instructions, standing order instructions and loan information.

The bank is the first to start mobile bill payment and the bank is getting a pretty good number of customers, she said. She commented that it is quite challenging to promote internet banking market. As the government has already passed a Cyber Law, Internet banking is expected to be managed more effectively in days ahead, taking car of customers.