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ECONOMY

Reliable Nepal, NCHL sign agreement for payment processing

KATHMANDU, June 11: Reliable Nepal Life Insurance Ltd has said that it has become the first life insurance company in the country to automate its various payment-related process, including disbursements and collections, through payment system of Nepal Clearing House Ltd (NCHL).
By Republica

KATHMANDU, June 11: Reliable Nepal Life Insurance Ltd has said that it has become the first life insurance company in the country to automate its various payment-related process, including disbursements and collections, through payment system of Nepal Clearing House Ltd (NCHL).


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"After the system comes into operation, policyholders of Reliable Nepal Life Insurance will be able to pay premium online through connect IPS e-Payment or any of the 5,000 plus bank branches across the country," the life insurer said in issuing a statement on Monday. "All such transactions will be processed directly through bank accounts of the insurance company and the beneficiaries."


The new payment system will enable the insurance company to process disbursements like agent commission, salary payment, vendor payments and investment placements. Narayan Babu Lohani, CEO of Reliable Nepal Life Insurance, and Neelesh Man Singh Pradhan, CEO of NCHL, signed the agreement on behalf of their respective institutions, according to the statement.

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        Bindings
        • 0: 121939
        Backtrace
        • view::frontend.news-detail:465
        • vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:124
        • vendor/laravel/framework/src/Illuminate/View/Engines/PhpEngine.php:58
        • vendor/laravel/framework/src/Illuminate/View/Engines/CompilerEngine.php:74
        • vendor/laravel/framework/src/Illuminate/View/View.php:209
      • news-detail.blade.php#465republica1520μsselect `categories`.`id`, `name`, `news_has_categories`.`news_id` as `pivot_news_id`, `news_has_categories`.`category_id` as `pivot_category_id`, `news_has_categories`.`created_at` as `pivot_created_at`, `news_has_categories`.`updated_at` as `pivot_updated_at` from `categories` inner join `news_has_categories` on `categories`.`id` = `news_has_categories`.`category_id` where `news_has_categories`.`news_id` = 121897
        Bindings
        • 0: 121897
        Backtrace
        • view::frontend.news-detail:465
        • vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:124
        • vendor/laravel/framework/src/Illuminate/View/Engines/PhpEngine.php:58
        • vendor/laravel/framework/src/Illuminate/View/Engines/CompilerEngine.php:74
        • vendor/laravel/framework/src/Illuminate/View/View.php:209
      • news-detail.blade.php#465republica1570μsselect `categories`.`id`, `name`, `news_has_categories`.`news_id` as `pivot_news_id`, `news_has_categories`.`category_id` as `pivot_category_id`, `news_has_categories`.`created_at` as `pivot_created_at`, `news_has_categories`.`updated_at` as `pivot_updated_at` from `categories` inner join `news_has_categories` on `categories`.`id` = `news_has_categories`.`category_id` where `news_has_categories`.`news_id` = 78831
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        • 0: 78831
        Backtrace
        • view::frontend.news-detail:465
        • vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:124
        • vendor/laravel/framework/src/Illuminate/View/Engines/PhpEngine.php:58
        • vendor/laravel/framework/src/Illuminate/View/Engines/CompilerEngine.php:74
        • vendor/laravel/framework/src/Illuminate/View/View.php:209
      • news-detail.blade.php#465republica11.37msselect `categories`.`id`, `name`, `news_has_categories`.`news_id` as `pivot_news_id`, `news_has_categories`.`category_id` as `pivot_category_id`, `news_has_categories`.`created_at` as `pivot_created_at`, `news_has_categories`.`updated_at` as `pivot_updated_at` from `categories` inner join `news_has_categories` on `categories`.`id` = `news_has_categories`.`category_id` where `news_has_categories`.`news_id` = 5104
        Bindings
        • 0: 5104
        Backtrace
        • view::frontend.news-detail:465
        • vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:124
        • vendor/laravel/framework/src/Illuminate/View/Engines/PhpEngine.php:58
        • vendor/laravel/framework/src/Illuminate/View/Engines/CompilerEngine.php:74
        • vendor/laravel/framework/src/Illuminate/View/View.php:209
      • news-detail.blade.php#465republica1680μsselect `categories`.`id`, `name`, `news_has_categories`.`news_id` as `pivot_news_id`, `news_has_categories`.`category_id` as `pivot_category_id`, `news_has_categories`.`created_at` as `pivot_created_at`, `news_has_categories`.`updated_at` as `pivot_updated_at` from `categories` inner join `news_has_categories` on `categories`.`id` = `news_has_categories`.`category_id` where `news_has_categories`.`news_id` = 157170
        Bindings
        • 0: 157170
        Backtrace
        • view::frontend.news-detail:465
        • vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:124
        • vendor/laravel/framework/src/Illuminate/View/Engines/PhpEngine.php:58
        • vendor/laravel/framework/src/Illuminate/View/Engines/CompilerEngine.php:74
        • vendor/laravel/framework/src/Illuminate/View/View.php:209
      • republica_watch.blade.php#46republica1630μsselect `attachments`.`id`, `directory`, `file`, `news_has_attachments`.`news_id` as `pivot_news_id`, `news_has_attachments`.`attachment_id` as `pivot_attachment_id`, `news_has_attachments`.`created_at` as `pivot_created_at`, `news_has_attachments`.`updated_at` as `pivot_updated_at` from `attachments` inner join `news_has_attachments` on `attachments`.`id` = `news_has_attachments`.`attachment_id` where `news_has_attachments`.`news_id` = 158385 and `news_has_attachments`.`is_featured_image` = '1'
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        Backtrace
        • view::frontend.partials.republica_watch:46
        • vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:124
        • vendor/laravel/framework/src/Illuminate/View/Engines/PhpEngine.php:58
        • vendor/laravel/framework/src/Illuminate/View/Engines/CompilerEngine.php:74
        • vendor/laravel/framework/src/Illuminate/View/View.php:209
      • republica_watch.blade.php#46republica1940μsselect `attachments`.`id`, `directory`, `file`, `news_has_attachments`.`news_id` as `pivot_news_id`, `news_has_attachments`.`attachment_id` as `pivot_attachment_id`, `news_has_attachments`.`created_at` as `pivot_created_at`, `news_has_attachments`.`updated_at` as `pivot_updated_at` from `attachments` inner join `news_has_attachments` on `attachments`.`id` = `news_has_attachments`.`attachment_id` where `news_has_attachments`.`news_id` = 158385 and `news_has_attachments`.`is_featured_image` = '0'
        Bindings
        • 0: 158385
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        Backtrace
        • view::frontend.partials.republica_watch:46
        • vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:124
        • vendor/laravel/framework/src/Illuminate/View/Engines/PhpEngine.php:58
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        • vendor/laravel/framework/src/Illuminate/View/View.php:209
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        Backtrace
        • view::frontend.partials.republica_watch:46
        • vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:124
        • vendor/laravel/framework/src/Illuminate/View/Engines/PhpEngine.php:58
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        • vendor/laravel/framework/src/Illuminate/View/View.php:209
      • republica_watch.blade.php#46republica1920μsselect `attachments`.`id`, `directory`, `file`, `news_has_attachments`.`news_id` as `pivot_news_id`, `news_has_attachments`.`attachment_id` as `pivot_attachment_id`, `news_has_attachments`.`created_at` as `pivot_created_at`, `news_has_attachments`.`updated_at` as `pivot_updated_at` from `attachments` inner join `news_has_attachments` on `attachments`.`id` = `news_has_attachments`.`attachment_id` where `news_has_attachments`.`news_id` = 158321 and `news_has_attachments`.`is_featured_image` = '0'
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        Backtrace
        • view::frontend.partials.republica_watch:46
        • vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:124
        • vendor/laravel/framework/src/Illuminate/View/Engines/PhpEngine.php:58
        • vendor/laravel/framework/src/Illuminate/View/Engines/CompilerEngine.php:74
        • vendor/laravel/framework/src/Illuminate/View/View.php:209
      • republica_watch.blade.php#46republica1650μsselect `attachments`.`id`, `directory`, `file`, `news_has_attachments`.`news_id` as `pivot_news_id`, `news_has_attachments`.`attachment_id` as `pivot_attachment_id`, `news_has_attachments`.`created_at` as `pivot_created_at`, `news_has_attachments`.`updated_at` as `pivot_updated_at` from `attachments` inner join `news_has_attachments` on `attachments`.`id` = `news_has_attachments`.`attachment_id` where `news_has_attachments`.`news_id` = 158286 and `news_has_attachments`.`is_featured_image` = '1'
        Bindings
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        Backtrace
        • view::frontend.partials.republica_watch:46
        • vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:124
        • vendor/laravel/framework/src/Illuminate/View/Engines/PhpEngine.php:58
        • vendor/laravel/framework/src/Illuminate/View/Engines/CompilerEngine.php:74
        • vendor/laravel/framework/src/Illuminate/View/View.php:209
      • republica_watch.blade.php#46republica1610μsselect `attachments`.`id`, `directory`, `file`, `news_has_attachments`.`news_id` as `pivot_news_id`, `news_has_attachments`.`attachment_id` as `pivot_attachment_id`, `news_has_attachments`.`created_at` as `pivot_created_at`, `news_has_attachments`.`updated_at` as `pivot_updated_at` from `attachments` inner join `news_has_attachments` on `attachments`.`id` = `news_has_attachments`.`attachment_id` where `news_has_attachments`.`news_id` = 158286 and `news_has_attachments`.`is_featured_image` = '0'
        Bindings
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        Backtrace
        • view::frontend.partials.republica_watch:46
        • vendor/laravel/framework/src/Illuminate/Filesystem/Filesystem.php:124
        • vendor/laravel/framework/src/Illuminate/View/Engines/PhpEngine.php:58
        • vendor/laravel/framework/src/Illuminate/View/Engines/CompilerEngine.php:74
        • vendor/laravel/framework/src/Illuminate/View/View.php:209
      App\Models\Attachment
      14Attachment.php#?
      App\Models\Category
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      App\Models\News
      7News.php#?
      App\Models\Tag
      3Tag.php#?
      App\Models\Author
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