NIC Asia Bank Limited is set to consolidate seven of its branch offices operating in different districts of Nepal. According to the bank’s notice, the branch adjustments will take effect from Magh 18, 2083.

The branches scheduled for consolidation are located in Kathmandu, Bhaktapur, Rupandehi and Jhapa. Following the adjustments, customers of the affected branches will be able to access their regular banking services and facilities from the designated continuing branches.

Which Branches Will Be Merged?

The bank’s Thulo Bharyang branch in Kathmandu will be merged with its Swayambhu branch. In Rupandehi, the Ram Mandir Butwal branch will be consolidated with the Butwal branch, the Devinagar branch with the Rajmarg Chauraha branch, and the Devkota Chowk branch with the Bhairahawa branch.

Similarly, the Falgunanda Chowk branch in Jhapa will be merged with the Damak branch. The Tyanglafat branch in Kathmandu will be consolidated with the Kirtipur branch, while the Bode branch in Bhaktapur will be merged with the Purano Thimi branch.

Banking Services to Continue

NIC Asia Bank has stated that customers of the affected branches will continue to receive their regular banking services and facilities from the respective continuing branches after the consolidation takes effect.