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KATHMANDU: NMB Bank and Buddha Air on September 21 launched 'NMB Buddha VISA Debit Card', a financial innovation set to transform the travel experiences of valued customers.
At a press meet, NMB Bank CEO Sunil KC and Buddha Air Chairperson Birendra Bahadur Basnet jointly launched the NMB Buddha VISA Debit Card, the Co-Branded Debit Card, by watering a plant as a commitment to sustainability.
Addressing the programme, NMB Bank CEO KC talked about the features of this card. Holders of the co-branded debit card will get an exclusive 10% discount on airfare while making purchases at Buddha Air counters located within Kathmandu Valley, including the Airport counter, Sinamangal counter, and Jawalakhel counter, according to KC. In addition, the co-branded debit cardholders will also benefit from an extra 5kg of baggage allowance over the standard weight limit when flying with Buddha Air at all domestic airport terminals.
Another feature of the co-branded card is the opportunity for customers to receive refunds of up to 100% on ticket cancellations. The card offers the convenience of free cash withdrawals at any bank ATM across Nepal, providing easy access to the funds wherever the cardholder travels.
Likewise, Buddha Air Chairperson Basnet briefed about the airlines’ relationship with NMB Bank. He said, “We started cooperation with NMB 26 years back when we were about to start Buddha Air. In fact, NMB is the first bank with which we started a collaboration.” “We will be fully participating with any new services the bank introduces regarding this card,” he said. He said Buddha Air will also collaborate with WeChat so that Chinese tourists can pay directly from China for Buddha Air flights. He added that this collaboration will help boost tourism because it is currently challenging for Chinese tourists to make payments.
The co-branded cards were also handed over to three customers of NMB Bank on the occasion.
‘The Banker Magazine’ of The Financial Times, London, has awarded NMB Bank with the prestigious Bank of the Year Asia 2021. The bank has also been awarded Bank of the Year in 2017, 2018, 2020 & 2021. NMB Bank is currently providing its services through 201 branches, 146 ATMs and 12 extension counters.
