Branchless Banking (BLB) is means of providing banking services without setting up bank branch i.e. providing banking services by an agent of the bank. The bank has started its BLB operation from Jestha 30, 2069 at Matiyani of Mahottari District after taking approval from Nepal Rastra Bank. This service will help to penetrate the banking without the physical existence of bank. In this area the bank has hired an agent which works on behalf of Bank and provides banking services as mentioned below:

Financial Transactions

• Cash Deposit/Cash withdrawal
• Fund Transfer
• Mobile Top up
• Utility Payment
• Any other Services

Non Financial Transactions

• Balance enquiry
• Mini statement
• Any other services

The BLB service will help the remote area villagers by keeping the deposit safely and also providing interest on their unused fund and the people will also have the habit of saving. The BLB is operated through POS Machine which is biometric so it is secured as the concerned account holder has to be present along with VISA card at the BLB location for the withdrawal and deposit. Random selection of Fingerprint impression is made during the transaction. After the transaction is completed the customer listens to the voice prompt of the POS machine and understands what transaction they have done.

We have started BLB operation from following locations.