Through such guarantee letters, NCBL undertakes responsibilities to provide fund (guarantee amount), following a default by you of your contractual or other obligations
It offers great products like different kinds of savings, microfinance, deprived sector loan, technical assistance, training, Bank Guarantee, Remittance and Utility payments
NCBLNational Cooperative Bank Limited (NCBL) was established in 2003, as the only bank in the cooperative movement of Nepal at national level, in exercise of the power conferred by the sub-section 4 of section 26 under the then prevailing Cooperative Act, 1992 (first amendment, 2000) and from the recommendation of Nepal Rastra bank (Central bank of Nepal) as an umbrella institution to provide banking and financial services to all its member cooperatives following the long and continuous demand and efforts of cooperators
After filling the complete form of the bank, the co-operative union/society is contacted by the
union / society and the union/ institution has been called to the branch office, at that time the
association/ institution should be present with the entire document
A cooperative organization can issue COOP Card in its own name to attract new generation of members by promoting use of latest payment technology and maintain trust by reducing risk of cash transactions
