Joy Store and Prabhu Bank Sign Special Discount Deal
18th August 2025, Kathmandu
In a significant move to enhance customer loyalty and accessibility to premium technology, Prabhu Bank Limited has officially partnered with Joy Store, a well-known retailer of Apple products in Nepal.
Joy Prabhu Bank Discount Deal
The collaboration, sealed with a formal agreement, is designed to deliver exclusive benefits to Prabhu Bank’s extensive customer base and dedicated employees. This strategic alliance represents a convergence of banking and retail, creating a unique value proposition that goes beyond traditional financial services.
The Details: Unpacking the Discount and Financing Scheme
The cornerstone of this partnership is a series of attractive discounts on some of Apple’s most sought-after products. Prabhu Bank’s customers and staff can now enjoy a 5% discount on the purchase of both iPhones and MacBooks. Given the premium pricing of these devices, a 5% reduction can translate into significant savings for consumers. This initiative is particularly timely, as demand for high-performance personal computing and communication devices continues to rise in Nepal.
Beyond the core products, the partnership also extends its benefits to a wide range of accessories. Customers can receive a substantial discount of up to 20% on various Apple accessories. This includes everything from protective cases and charging cables to other essential add-ons that enhance the user experience of iPhones and MacBooks. By including accessories in the deal, the collaboration provides a comprehensive offer that makes the entire Apple ecosystem more affordable.
One of the most appealing aspects of this agreement is the flexible payment option. Recognizing that a one-time payment for premium devices can be a financial strain for many, Prabhu Bank has integrated its Instrapay Scheme into the partnership. This allows Prabhu Bank credit card holders to convert their purchase into convenient, manageable installment plans. This financing facility is a major draw, as it democratizes access to technology and enables a broader segment of the population to acquire the products they desire without a lump-sum payment.
Joy Store: A Trusted Retail Partner
Joy Store, the retail partner in this agreement, is a well-established name in Nepal’s electronics market, known for its focus on Apple products. The partnership offers a direct benefit to customers, as the discounts and installment facilities are available immediately at the Joy Store. The physical presence of a reliable retailer adds a layer of trust and convenience, ensuring a smooth purchasing experience for all Prabhu Bank customers and employees. The formal signing of the agreement by Executive Director Guru Datt Sharma of Joy Store and Chief Marketing Officer Ramesh Kumar Shrestha of Prabhu Bank underscores the seriousness and mutual commitment of both organizations to this initiative.
Prabhu Bank’s Strategic Vision and Achievements
This collaboration is a testament to Prabhu Bank’s proactive approach to customer engagement and its commitment to digital innovation. The bank has a proven track record of excellence, highlighted by its recent accolades. Prabhu Bank was a recipient of the prestigious “Bank of the Year 2023” award, a recognition that solidifies its reputation as a leading financial institution in Nepal. Furthermore, the bank was honored with the Finacle Infosys Innovation Gold Award 2024, which recognizes its forward-thinking approach to leveraging technology to create superior banking solutions.
With a motto of “We take trust, we give trust,” Prabhu Bank has built a loyal customer base of over 3.1 million across Nepal. Its extensive network of 312 branches, 286 ATMs, and 68 extension counters ensures that its services are accessible to a wide demographic, from urban centers to remote areas. This wide-reaching presence, combined with its strategic partnerships, positions Prabhu Bank as a key enabler of modern lifestyles and business growth in Nepal. The partnership with Joy Store is a clear signal that the bank is committed to offering more than just financial services; it is dedicated to providing tangible, lifestyle-enhancing benefits to its valued customers and employees. This collaboration represents a win-win scenario, where the bank strengthens its brand, the retailer expands its market, and customers gain access to premium products at a more affordable cost.
For More: Joy Prabhu Bank Discount Deal
