Everest Bank installs ATM machine in Butwal and Bhairahawa

3rd July 2009

Everest Bank Limited (EBL) started its operations in 1994 with a view and objective of extending professionalized and efficient banking services to various segments of the society. The bank is providing customer-friendly services through its 31 branches throughout Nepal and over 250 correspondent banks across the globe.

All the branches of the bank are connected through Anywhere Branch Banking System (ABBS), which enables customers to do all their transactions from any branches other than where they have their account.

In the view to provide more banking service to wide range of customer, the bank has install its 27^th and 28^th ATM machine in Bhairahawa and Butwal on 29^th June 2009. As on date EBL has 28 ATMs. After the ATM services at Butwal and Bhairahawa the visitors at Nepal – India will be benefited.

EBL Debit cards can be used at more than 2000 ATMs of Punjab National Bank, India spread all across India. Similarly, the Debit Card holders of PNB can withdraw their money from any ATMs of Everest Bank Limited. This sharing arrangement has benefited huge Nepalese Population residing in India including Students, businessmen, workers, Tourists to India, who want cheaper ATM facility for withdrawing their money from their Bank accounts in Nepal. Besides cross border sharing, EBL Debit Card is accepted at 304 ATMs of SCT network and over more than 1000 merchant outlets in Nepal. At present, more than 80000 customers of EBL are having EBL Debit Card.

The bank has been offering various innovative products and services since its inception. Currently EBL has launched branchless banking called “Everest – Ghar Dailo Banking Sewa” to serve the people in remote areas. The product has already been launched at 8 villages at Baglung and 6 VDC at Bhaktapur. The bank also has plans to launch the service in Nepalgunj soon.

As a part of its expansion strategies EBL also plans to open branches and ATM centers at Lagankhel, Maitidevi, Thamel, and Tulsipur in the near future. The bank believes that its expansion to these strategic locations would adhere to its objective of serving the middle and lower section of the society.