Kathmandu, September 28:

Sanima Bikas Bank Ltd (Sanima) has introduced a new service ‘Sanima SMS Banking’, with an aim to offer value added service to its customers with effective from Sunday.

Its new 24-hour banking convenience helps customers stay informed of any recent changes made in their bank account or a loan account through their mobile phone, states a press release.

Balance enquiry, transaction enquiry, exchange rate enquiry, request for cheque book and for account statement, transaction alert and reminder for loan/Interest repayment are some of the major key features of the new service.

Sanima has been able to collect deposit of Rs 1.82 billion with loan portfolio of Rs 1.5 billion and registered a net profit of Rs 18.68 million in the last fiscal year.

Sanima bank has been in forefront in introducing new and innovative banking products and services in the market to cater to the emerging needs of its valued customers, claims the bank.