Nepal Bank recently launched its credit card service. The minimum limit has been fixed at Rs 20,000 and the maximum at Rs 500,000, the bank informs. The credit card service launched in association with Visa International will be used for the payment of various goods and services through POS and ATM terminals as well as on online banking systems.
Up to 10 percent of the approved loan limit can also be taken out in cash from the ATM terminals of the bank and other banks affiliated to Visa International. The card can be used in Nepal, India, and Bhutan.
