Siddhartha Bank Partners with Pokhara’s Waterfront Resort to Offer Customers Up to 20% Discount
16th September 2025, Kathmandu
Siddhartha Bank Limited has partnered with Waterfront Resort Pvt. Ltd. in Pokhara to offer its customers exclusive discounts of up to 20 percent on a range of services.
SBL Partners with Waterfront Resort
This agreement is a part of the bank’s broader strategy to incentivize customers to adopt digital payment methods, thereby contributing to Nepal’s ongoing push toward a cashless economy. This collaboration is timely, as it aligns with the rebound of Pokhara’s tourism sector following recent socio-political disruptions.
Eligibility and Offer Details
The discount is available to all Siddhartha Bank customers, regardless of the payment method they use, as long as it is a digital one linked to the bank. This includes using a Siddhartha Bank debit card, credit card, or the bank’s mobile banking application. The offer applies to various services at the popular lakeside property, Waterfront Resort, which is located in Lakeside, Pokhara, a premier tourist destination in Nepal. By making payments through the bank’s digital platforms, customers can avail themselves of a direct reduction on their bills, making their stay more affordable and convenient. This initiative not only provides a tangible benefit to customers but also serves as a strong encouragement to move away from cash-based transactions.
Promoting Digital Transactions
Siddhartha Bank views this partnership as a way to reward its loyal clients and to promote the habit of digital banking. A spokesperson for the bank noted that such collaborations with hospitality and lifestyle brands are an effective way to enhance customer satisfaction. More importantly, these initiatives support the national goal of reducing reliance on cash, which in turn can lead to improved financial transparency and increased convenience for both consumers and businesses. The bank’s 24/7 customer service center, “Siddhartha Care,” is available to assist customers with any inquiries about the offer, ensuring a seamless experience.
The trend of banks partnering with businesses to promote digital payments is a growing one in Nepal. It is a win-win situation where customers receive value-added benefits, and the bank expands its digital payment user base. The partnership with a premium property like Waterfront Resort is particularly significant, as Pokhara is a hub for both domestic and international tourists. The discount is expected to be popular among travelers and residents who are looking to experience a seamless and secure digital payment experience while enjoying the scenic beauty and hospitality of the resort.
Waterfront Resort: Services and Reassurance
Waterfront Resort, known for its tranquil location on the shores of Phewa Lake, offers a wide range of services. Guests can enjoy its three restaurants, a full-service spa, and a stunning outdoor pool with views of the lake. The resort’s amenities include air-conditioned rooms with private balconies, free Wi-Fi, and a variety of recreational activities like canoeing and cycling. This partnership is especially beneficial for the resort as it provides a new marketing channel and aligns it with a leading financial institution, which can help attract more customers. For customers, the partnership provides a great incentive to visit Pokhara and stay at the resort, knowing that they will receive a significant discount. This mutually beneficial agreement showcases how the private sector is collaborating to not only revive the tourism industry but also drive the country’s economic and technological progress. The bank’s proactive approach in offering such a promotion in Pokhara, a city that has been steadily recovering, also sends a positive signal about the return of normalcy and the continued growth of the tourism sector.
For More: SBL Partners with Waterfront Resort
