Kathmandu, July 30: Machhapuchhre Bank Limited has entered into a strategic agreement with the Employees Provident Fund. It aims to manage specialized salary accounts equipped with premium facilities for the Fund’s employees. The agreement was formally executed by Prasidh Raj Aryal, Senior Deputy Chief Executive Officer of Machhapuchhre Bank, and Bharat Raj Vasti, Co-Administrator of the Employees Provident Fund.
Machhapuchhre Bank will now serve as the financial institution handling payroll operations for the Employees Provident Fund staff. The custom salary management account package aims to ensure that the Fund’s employees receive convenient, secure, and modern banking services tailored to their professional needs. This comprehensive package includes high-yield savings and deposit options, digital banking solutions, flexible credit and loan facilities, and specialized payment card services.
Machhapuchhre Bank has built a strong presence in managing government and public sector salary accounts across Nepal by using advanced banking solutions for corporate clients. The representatives believe this partnership will enhance the financial experience for Provident Fund employees and expand Machhapuchhre Bank’s institutional banking reach.
People’s News Monitoring Service.
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