MetLife Nepal Insurance has partnered with Nepal Clearing House (NCHL) in collaboration with Standard Chartered Bank Nepal to enable the digital standing instructions (e-Mandate) feature for the payment of premiums by integrating its system with the National Payments Interface (NPI) of NCHL. 

This feature has been enabled for the first time in the insurance sector of Nepal by MetLife Nepal, reads the press release issued by the bank. 

This feature allows the direct debit of the customer’s account on the due date of premium payment upon subscription of the feature by the customers. 

With this, the customer does not need to initiate such payments each time. 

The bank says e-mandate based payments support payments of regular or recurring/periodic nature. (PR)