Siddhartha Bank & Lomas Digital Partners: Appliance Discounts, Digital Payments Nepal
13th June 2025, Kathmandu
Siddhartha Bank Limited has signed an agreement with Lomas Digital Pvt. Ltd. to provide exclusive discounts to its customers on Whirlpool and KitchenAid brand products.
Siddhartha Bank Lomas Digital Partners
According to the agreement, Siddhartha Bank customers can avail themselves of special discounts when making payments via the bank’s debit or credit cards or using its mobile banking services at the Lomas Digital showroom located at Uttardhoka, Kathmandu.
The partnership aims to encourage digital transactions by offering additional value to customers who choose non-cash payment methods. Siddhartha Bank believes that this collaboration will not only offer financial benefits through discounts but also promote the shift from cash-based to digital transactions.
For further details regarding this offer, customers can contact the bank’s 24/7 customer service center, ‘Siddhartha Care.’
Additionally, Siddhartha Bank recently launched a loyalty program named ‘Siddhartha Rewards’ to further encourage the use of digital payments. The initiative is part of the bank’s broader goal to strengthen digital banking practices and provide enhanced benefits to its users.
This strategic partnership reflects Siddhartha Bank’s ongoing commitment to modernizing financial services, driving digital adoption, and delivering added value to its customers.
About Siddhartha Bank Gen-Z Saving
Siddhartha Bank offers the Gen-Z Saving Account for individuals born in or after 1995. The account requires no minimum balance to open. Customers earn attractive interest on daily balances. It includes free debit and credit cards for the first two years.
Mobile and internet banking services are also free during this period. The account comes with insurance coverage of up to NPR 500,000 if the balance reaches NPR 10,000. Users receive 5% cashback on their first mobile recharge via BankSmart XP.
The bank provides a 0.25% discount on education loan processing fees. Customers can also access a free DEMAT account, ASBA service, and SMS alerts.
Funds can be easily transferred from a parent’s account, making it ideal for students and young professionals.
Siddhartha Bank aims to support digital banking habits and financial independence among Nepal’s youth with this smart and rewarding savings option.
For more: Siddhartha Bank Lomas Digital Partners
