LBL, Bhatbhateni Join Hands

Laxmi Bank Ltd (LBL) and Bhatbhateni Supermarket today jointly launched 'Bhatbhateni Club Card' the first of its kind in Nepal.

Speaking on the occasion, Laxmi Bank CEO Suman Joshi said that a cobranded card in partnership with Bhatbhateni Supermarket is in line with the bank's continuous efforts to create a bigger and better experience for Laxmi Bank customers. "It is our privilege to join hands with Bhatbhateni Supermarket to offer a new and delightful experience to our common customers - they get the best of both worlds - a unique shopping experience as well as world class personal banking solutions," he said adding that this was a win-win situation for all three parties concerned and that the bank is keen to develop the alliance further by introducing more value-added services for cardholders.

"Laxmi Bank takes pride in being a pioneer in introducing innovative retail banking solutions," CEO Joshi said adding that the bank currently has a paid up capital of Rs 1,098 million.
The card can be used at any of Laxmi Bank's eight branches inside Kathmandu valley at the time of opening a savings account at the bank.

The Bhatbhateni Club Card - designed to offer shoppers loyalty points that can be exchanged for goods/services at the stores - can be used at both Bhatbhateni stores at Maharajgunj and Bhat Bhateni.

All purchases of Rs 500 or more will accumulate points and the customer will be entitled to collect points only when the card is presented at the sales counter. "When the points total a 200 mark the customer will receive vouchers that will be worth gifts or free shopping coupons.
Bhatbhateni Supermarket has grown from a 'single shutter' 120-sq ft cold store to become one of the leading supermarkets in Nepal today.

It has been the highest taxpayer in the sector for the last five consecutive years with more than 10,000 customers daily.

Meanwhile, Bhatbhateni' official website was also launched to provide customers as well as stakeholders complete information regarding the superstore.