Garima Bikas Bank introduces Garima QR, a game-changing solution that enables businesses to receive instant payments directly into their bank accounts after a customer scans the QR code. With this digital initiative, the bank aims to promote widespread adoption of digital transactions throughout Nepal, enhancing the efficiency and accessibility of financial services.The benefits of Garima QR extend to both customers and businesses. Customers enjoy the convenience of seamless transactions using their mobile devices, while businesses can experience faster payment settlements and improved cash flow. This digital payment method ensures the safety and security of transactions, reducing the risks associated with carrying cash and eliminating the need for physical cards.
Garima Bikas Bank is offering Fonepay
QR, Nepal Pay QR Code, MOCO QR etc.
Key
Features:
Earn Merchant Rewards
on transactions
Instantaneous payments
Digital cashless
payments
QR Merchants payments
directly into your bank account.
All the payment details and statements can be viewed
online via web or mobile app.
How
to Become QR Merchant:
Business entity must have an account with the bank.
Submit the PAN and business registration document.
Fill Merchant application Form
Collect the Standee from the respective branches and
process for receiving the payment.
Financial Call Account is sweeping for the B Class (Development Banks), C class (Finance Companies) and D class (Micro-Finance) financial institutions as classified by Nepal Rastra Bank. It is interest bearing account. It is sweeping account of current account transaction based on clear transfer standing instruction requested by Bank & Financial institutions. These accounts pay interest to accountholders based on the rate negotiated with the bank but it cannot be more than half of normal saving accounts interest offered by bank.
Features:
Large volume of transaction parking
Interest Accrued on daily balance
Free Account Statement (one time only)
Free Balance Certificate (one time only in
FY end for audit purpose)
Minimum
Balance:
NPR 0.00
Interest
Rate:
Up to half
the rate of normal saving account rate.