Mega Bank Nepal Ltd. has commenced branchless banking services supported with state-of-the-art technology from 29 December 2011, with a view to provide banking services to the rural populace of Nepal.
Mega Bank has taken initiation of this service from Sanga Chowk of Sindhupalchwok and is also planning to start this service at Karaiya of Rupendehi in the near future. This service will allow rural customers to deposit and withdraw money in a secure environment from the door steps of the homes of these individuals. The Bank has also started providing easy access of micro loan for agro based businesses and small entrepreneurs in these areas.
Along with this, other services like transfer of money from one account to another, mobile recharge, bill payment and remittance will be available in Branchless Banking. The bank plans to spread the service all over the country in the near future upon the successful completion of the present one.
15 Branches in Offi ng The bank has started a spree of opening 15 new branches areas across the country within a month. The campaign started by opening a branch in Dailekh on December 15 will end in Bhairahawa on January 18, says the bank. According to the bank, new branches are at Teku, Maharajgunj, Maitidevi, Bouddha and Thimi in Kathmandu and in Birtamod, Dharan, Janakpur, Dhading, Narayanghat, Bhairahawa, Dailekh, Ghorahi, Nepalgunj and Dhangadhi. With this expansion Mega will have 28 branches.