Issuing a press statement, the bank informed that the #DigitalDecember2024 initiative aims to promote digital banking adoption, enhance financial literacy, and provide exclusive customer benefits throughout December.
As per the statement, the Campaign offers an array of innovative promotions designed to empower customers and simplify their banking experience. The campaign will benefit Customers by availing
- Simplified Tax Reporting: Customers updating their PAN or NID details through Mobile Money and making NPR 100 Mobile Top-up will receive an additional NPR 100 Top-up; while facilitating seamless tax-filing on the interests earned on their deposits.
- Easy Electricity Bill Payments: Mobile Money users can now pay electricity bills with a simple missed call – and users adopting this unique service within December can earn an additional NPR 100 Top-up.
- Credit Card Opportunities: Eligible customers can apply for a free Credit Card along with 5 years of waived annual charges.
Moreover, the campaign will provide customers with flexible financial solutions with
- Buy Now, Pay Later (BNPL): Credit Card customers can split payments into easy installments at 0% interest rate and for purchases over NPR 30,000, with processing fees waived during December.
- Cross-Border Payment Innovations: Merchants partnering with Fonepay can accept Indian mobile wallet payments and participate in an exciting prize draw.
Furthermore, “A key component of the campaign is the "Digital Dialogue" - a nationwide series of interactive sessions across Nepal's provinces. These workshops will focus on Financial Literacy, Digital banking security and latest digital banking tools. By combining various promotional offers with awareness & educational initiatives, this campaign aims to make digital banking more accessible, convenient and secure for all. Details regarding the #DigitalDecember2024 campaign can be found on the Bank’s official social media pages,” reads the statement.