SuryaJyoti Life Insurance Digitizes Payments through NCHL Partnership

Tue, Apr 22, 2025 9:14 AM on Latest, Corporate,

SuryaJyoti Life Insurance has partnered with Nepal Clearing House Ltd. (NCHL) to automate its payment processes, including premium collections, claim disbursements, agent commissions, and other financial transactions.

Through integration with NCHL’s National Payments Interface (NPI), the insurer will streamline operations via direct bank-to-bank digital transfers using platforms like NCHL-IPS and RPS.

This move enhances efficiency and aligns with Nepal's growing digital payment ecosystem. SuryaJyoti Life, with over 200 branches and 15 years of service, remains one of Nepal’s leading insurers.