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Sanima Bank signs MoU with Federation of Truck Entrepreneurs

SPIL
Nepal Life

Kathmandu. KATHMANDU: Federation of Nepal Truck Transport Entrepreneurs (FNTE) and Sanima Bank Limited have inked a memorandum of understanding (MoU) to make payment of the entry and user charges levied while using the Nagdhunga-Sisnekhola tunnel way through the cashless system. The agreement was signed between Rajendra Bikram Baniya of Federation of Truck Transport Entrepreneurs Federation of Nepal and Hem Raj Sanjyal, Chief Deposit Officer of Sanima Bank.

As per the agreement, the fees to enter the tunnel will be managed through RFID system and trucks and other entrepreneurs will be made easy to pay the fees through QR code. It is expected that the payment process would be easier and more transparent, eliminating the compulsion for the entrepreneurs to carry fees carrying cash.

Esewa
Crest

Earlier, the government had decided to levy fees from the vehicles plying along the Nagdhunga tunnel road section in exercise of the powers given by the Clause 6 (1) of the Road Board Act, 2058 BS. In line with the same decision, the Ministry has fixed the entry and exit fees for various vehicles by publishing a notice in the gazette.

As per the fixed rate, car, van, pick-up, tractor, microbus and other light vehicles have to pay Rs 65 for entering Kathmandu and Rs 60 for exiting Kathmandu.

Similarly, mini-buses and mini-tippers/trucks have to pay Rs 115 when entering the tunnel and Rs 80 when exiting. The entry fee for buses and trucks with single rear axle has been fixed at Rs 260 and Rs 200 for exit.

The entry fee for multi-axle trucks and other heavy vehicles and heavy equipment has been fixed at Rs 600 and Rs 250 for exit.

Federation President Baniya expressed the belief that the implementation of the cashless payment system would make it easier for trucks and cargo vehicles to pay fees especially to the trucks and cargo vehicles that use the tunnel route on a regular basis.

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