Machhapuchchhre Bank Limited and Employees Provident Fund have signed an agreement to provide special premium banking facilities to EPF employees.
Machhapuchchhre Bank Limited and the Employees Provident Fund (EPF) has finalized an agreement with the objective of making special banking facilities available to the fund’s employees. According to this agreement, employees of the EPF will receive various modern banking services through a salary management account that includes premium features.
The agreement saw signatures from Mr. Prasiddha Raj Aryal, Senior Deputy Chief Executive Officer of Machhapuchchhre Bank, and Mr. Bharat Raj Basti, Acting Co-Administrator of the Employees Provident Fund.
As per the understanding, Machhapuchchhre Bank will be operating a premium-featured salary management account specifically for the staff of the Employees Provident Fund. Bank says through this account, employees can easily benefit from safe, modern banking services.
In addition to the salary management account, the bank informed that various other banking facilities like savings and deposits, digital banking, loans, and card services will also be provided.
Machhapuchchhre Bank has also mentioned its history of managing salary accounts for several government offices previously. According to the bank, this partnership with the Employees Provident Fund will not just expand institutional banking services but also help providing more convenient and excellent financial services to the fund’s employees.
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