Press Release

Everest Bank Ltd. (EBL) launches 5 CASH DEPOSIT MACHINES for the first time in Nepal

September 7, 2012

Everest Bank Ltd. (EBL) launches 5 “CASH DEPOSIT MACHINES” for the first time in Nepal

In its effort to cater to the banking needs of large & well spread sections of the society, EBL has always been a front runner in providing latest & innovative product/services.

In this endeavor, the bank recently launched 5 Cash Deposit Machines for the first time in Nepal. Till date, banks were providing only withdrawal facility to the customers through its ATM machine. The newly installed machine has real time cash deposit feature due to which the customer need not stay in the queue at the cash counter.

The 1st machine was inaugurated at New Baneshowar branch by Mr. P.K. Mohapatra (CEO of EBL). The inaugural function was attended by various distinguished personalities including Managing Director of Forbes India (supplier of the Machine) among others. Similar 4 machines have been installed in other branches namely Lazimpat, New Road, Pulchowk & Chabahil.

Presently EBL is rendering professionalized & efficient banking services through its wide domestic network of 47 branches, 2 Extension Counters, 20 Revenue Collection Counters, 61 ATMs and many correspondents across the globe. Deriving strength from its joint-venture partner (Punjab National Bank, India), the bank has been steadily growing in its size & operations and has established itself as one of the leading private sector banks.

Besides, EBL debit card has access to more than 1400 ATMs of SCT network in Nepal and more than 6000 ATMs of Punjab National Bank (PNB) in India whereby EBL customers going to India need not to carry cash and can withdraw cash through EBL debit cards from ATMs of PNB.