Kathmandu: Everest Bank Ltd. (EBL), and Patanjali Ayurved Pvt. Ltd. (PAPL), Nepal have signed an agreement to launch co-branded credit cards.
During the program held in New Delhi on the occasion of Teej, Swami Ramdev Baba and Acharya Balkrishna revealed the co-branded credit card product.
The cardholders may enjoy suitable lucrative cashback offer on spending during the launching of the card and during other festive seasons, insurance cover up to the credit card limit for accidental death, the bank said in a press release.
The bank has offered a 50 percent discount on the issuance fee during the first three months of the launching period.
Acharya Balkrishna, Managing Director of Patanjali Ayurved Limited said, “Patanjali Co-branded credit card with Everest Bank will definitely stand out for its added benefits and like Mt. Everest, this credit card will stand strong as always to support customers in their needs.”
Ramdev said, “Patanjali EBL co-branded credit card will be one of its kind to directly transfer benefits to their customers in terms of rewards, cashback, and many more added benefits like insurance, etc. This will provide financial independence to their customers to plan their monthly expenditures diligently. Customers of Bank & Patanjali will have a delightful experience with this collaboration on board.”