October 7, 2026

Rastriya Banijya Bank Selects American Life Insurance for Employee Group Accident Insurance

7th October 2026, Kathmandu

Rastriya Banijya Bank Limited has selected American Life Insurance Company to provide group accident insurance coverage for its employees.

Insurance Provider: American Life Insurance Company
Selection Criteria: Selected following detailed evaluation of tender proposals, as the submitted bid was substantially responsive, closest to the average offer amount, and below the bank’s estimated cost
Total Premium Amount: NPR 3,963,240 (approximately 39.63 lakh NPR)
Scope of Coverage: Comprehensive group accident insurance for bank employees