Issuing a press statement on Friday, the company said that the new scheme is probably the cheapest individual life insurance plan available in the country. [break]
“If a person aged 20 years took this policy for 20 years term for a risk cover of Rs 100,000, his premium will come to less than Re 1 a day. He can also enjoy accident benefit of up to Rs 300,000 on payment of additional Re 1 per thousand sum-assured.
Prime Bank in Ason
KATHMANDU, March 12: Prime Commercial Bank on Friday opened a new branch in Ason, Kathmandu. Acting Governor of Nepal Rastra Bank Krishna Bahadur Manandhar inaugurated the branch, which will be completely operated by female staff, the bank said in a statement.
“With the commencement of services from the new branch, the number of branches of the bank has touched 14,” the statement said, adding that the new branch offers all modern banking facilities and will also operate evening counter.
The bank also unveiled Annapurna Savings, which can be opened with minimum balance of Rs 500, pledging interest return of as much as 7 percent to the customers. “The product is exclusively launched by the Ason branch and its customers will also enjoy free debit card, e-banking and SMS service, among others,” said the statement.
Training on advertisement
KATHMANDU, March 12: A two-week long training on "Professional Advertising Training & Job Placement Programme" conducted by Shepherd College in association with Advertising Association of Nepal (AAN) and Kantipur Television kicked off here from Thursday.
“Throughout the training, advertising professionals will train participants on various aspects of advertising profession and media,” the organizers said in a press statement.
Standard Finance opens two branches
KATHMANDU, March 12: Standard Finance Limited has started operating from its new branches in Chabahil and Gongabu from Friday.
The financial institution is bringing out various deposit plans for capital collection and investing collected capital in small and middle scale industries. It has already initiated the process to upgrade to an “A” class commercial bank, the company said in a statement.
The company is also planning to establish its branches and provide quality financial services in rural areas.
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