Nepal Bank Customers and Employees to Receive Up to 15% Discount at Kotbari Hotel
29th August 2025, Kathmandu
Nepal Bank Limited has entered into a partnership with Kotbari Hotel Pvt. Ltd. to offer exclusive discounts to its employees, their families, and account holders.
Nepal Bank Discount at Kotbari
This new agreement allows eligible individuals to receive a 10% to 15% discount on a wide range of services at the hotel, located in Dupcheshwar Rural Municipality, Nuwakot. This initiative is a strategic move by Nepal Bank to provide added value beyond its core financial services, aiming to enhance customer loyalty and employee welfare while also promoting domestic tourism.
The Details of the Partnership
The official memorandum of understanding (MoU) for this collaboration was formalized on Wednesday. The agreement was signed by Assistant Chief Executive Officer, Prakash Kumar Adhikari, on behalf of Nepal Bank, and General Manager, Anand Singh Thakuri, representing Kotbari Hotel. This formal agreement signifies a committed partnership between the two institutions, laying the groundwork for a long-term, mutually beneficial relationship.
The agreement’s key beneficiaries are the entire network of Nepal Bank. This includes all of the bank’s employees, their immediate family members, and all of its valued customers and account holders. This broad eligibility criteria ensures that the benefits of the partnership reach a large number of people, strengthening the bank’s relationship with its entire stakeholder base. The discount, ranging from 10% to 15%, is applicable on a wide array of services offered by Kotbari Hotel, which is known for its hospitality, including accommodation, food, and event hosting facilities.
Benefits and Strategic Importance
This partnership reflects a growing trend in Nepal’s banking sector where financial institutions are extending their services beyond traditional banking. Instead of just competing on interest rates or loan products, banks are now focusing on creating a complete value proposition for their customers and employees. For Nepal Bank, a historic institution, this move is crucial for maintaining its relevance and appeal in the modern, competitive market.
The benefits of this offer are multi-faceted:
Enhanced Customer Loyalty: By providing discounts on hospitality and leisure services, the bank gives customers a tangible reason to remain loyal. This acts as a powerful non-financial incentive, making the bank’s services more attractive compared to competitors who may only offer standard banking products.
Improved Employee Welfare: Extending such benefits to employees and their families is a great way to boost morale and job satisfaction. It shows that the bank cares for its staff, which in turn can lead to higher productivity and better service quality. This is an important part of modern corporate culture, and Nepal Bank is setting a positive example.
Support for Domestic Tourism: This collaboration is not just a business deal; it also supports the local economy. By encouraging its vast network of customers and employees to visit a resort in Nuwakot, Nepal Bank is directly contributing to the growth of domestic tourism and the hospitality sector in that region. This strategic support helps promote economic activity in areas outside of major urban centers.
The Way Forward
As Nepal’s first commercial bank, Nepal Bank Limited has a long history of adapting to market changes. The partnership with Kotbari Hotel is part of a broader strategy to introduce more customer-centric offers and expand its network of partners. This is not the bank’s first such agreement; it has recently partnered with other resorts like Om Adhyay Retreat, as the search results confirm. This indicates a consistent effort by Nepal Bank to innovate and provide extra benefits.
The success of such partnerships will likely pave the way for similar future collaborations. Customers can expect Nepal Bank to continue its efforts to provide innovative, non-financial benefits and strengthen its brand image as a customer-friendly institution. In a market where loyalty is hard to earn, offering real, tangible value outside of typical banking services is a powerful tool.
In conclusion, the agreement between Nepal Bank Limited and Kotbari Hotel Pvt. Ltd. is a smart move that benefits everyone involved. It not only provides financial relief for customers and employees but also acts as a strategic initiative to build loyalty and support the domestic tourism industry. This partnership highlights how even Nepal’s oldest bank is evolving to meet the modern needs of its stakeholders, ensuring it remains a competitive and valued financial institution.
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