Kamana Bikas Bank has also launched credit card service from Monday. Kamana Sewa is the first development bank in Nepal to launch credit card service.
Chairman of the Bank Sudip Acharya and Director Bishweshwar Subedi jointly launched the credit card service. Chief Executive Officer of the Bank Praveen Basnet and others were present on the occasion.
Credit card transactions can be secured through point of sale transactions, cash can be withdrawn from ATMs accepting Visa cards, minimum Nepali Rupees 1000 or up to 10 percent of the total debit amount can be withdrawn when making payments, interest free for minimum 15 to 45 days , Credit Card Limits range from Rs. 15,000 to Rs. 500,000 and can be easily used in Nepal as well as in India.
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