KATHMANDU: Standard Chartered Bank Nepal Ltd (SCBNL) and Nepal’s biggest super-market chain, Bhatbhateni Supermarket and Department Store, have entered into a strategic business alliance.

To mark this strategic alliance, SCBNL will issue a co-branded Visa Platinum credit card called ‘Labh’ with Bhatbhateni, which will offer attractive cash backs and discounts to the co-branded credit cardholders at all Bhatbhateni outlets. Standard Chartered ‘Labh’ credit cardholder will be entitled to 25 per cent cash back on the first transaction made at Bhatbhateni outlets.

Additionally, an instant discount of 10 per cent will be available for the first three months to the co-branded cardholders for shopping at Bhatbhateni.

This co-branded card will be issued free of cost to eligible clients by SCBNL.

To mark this business tie-up, bank has announced for all its credit cardholders a zero per cent InstaBuy across all electronic goods bought at Bhatbhateni.