Last Updated on June 4, 2024
Ncell has struck up a partnership with NAASA Securities Company Limited unlocking a wide range of services of the latter for its users. Using Ncell SIM cards, customers can now download the Ncell App and access various NAASA Securities services online. The service also lets Nepalese abroad open their Demat accounts and invest their income in the local share market. We have more details below.
The facility lets customers use NAASA Securities services without physically visiting its offices. Normally, customers of the stock brokerage firm visit its physical locations for share investment-related works. However, the Ncell app now lets them access many crucial services online on the app thanks to the collaboration between the two.
To materialize this collaboration, Ncell Chief Executive Officer (CEO) and Managing Director (MD) Jabbor Kayumov and Managing Director of NAASA Securities, Madan Paudyal signed a memorandum of understanding (MoU) on Monday (June 03, 2024).
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Ncell NAASA Securities partnership offer: 55% discount on opening and renewing a Demat account on the Ncell app
The collaboration brings exciting offers for both prepaid and postpaid Ncell SIM users. To illustrate, Ncell customers get an exclusive 55% off on the opening and renewal of Demat accounts with NAASA Securities on the Ncell mobile app. Therefore, it’s a tremendous opportunity for those interested in opening or renewing Demat accounts. For the unaware, it usually costs Rs 100 to open a Demat account and Rs 50 to register with Meroshare. To calculate, you can do both at just Rs 67.50 which would cost Rs 150 in a regular situation.
Likewise, Ncell says that users can execute various NAASA Securities services on its mobile app. This includes updating identity details, opening online trading accounts for share transactions, opening and renewing Demat/Meroshare accounts, etc. You can also share and submit queries and suggestions.
The Ncell App now also gives you options to contact NAASA Securities for necessary support. Remember that the service is being provided by NAASA Securities. Ncell is just facilitating access via its app.
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Drive economic activity in the country …
Regarding the Ncell and NAASA Securities cooperation, Ncell CEO and MD Jabbor Kayumov stressed its positive aspects. He said that the partnership helps amplify economic activities and contribute to the Digital Nepal vision. Kayumov said, “We want to offer use cases to our customers and drive money circulation and economic activity in the country and help in the vision of Digital Nepal.”
He also expressed delight in collaborating with NAASA Securities and aiding the digitalization of share trading in Nepal. According to Kayumov, the collaboration aligns with the private telco’s recently introduced “Sadhain On” campaign including the Ncell Sadhain On pack which emphasizes bringing access to technology and services to let customers stay always connected.
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Even Nepalese abroad can open Demat accounts and invest locally
Ncell says that Nepalese abroad can also benefit from this cooperation with NAASA Securities. Using the Ncell App, Nepalese across the world can open their Demat accounts using the telco’s roaming service in over 100 countries and invest in shares in Nepal. If you are one of those wanting to put your hard-earned money in share investment, Ncell has brought you an easier way forward to make a worthy investment of your remittance income and possibly boost your finances.
Madan Paudel, Chief Executive Officer of NAASA Securities, said, “NAASA Securities is now on the Ncell App, providing significant value to customers by also offering a 55% discount on new Demat account openings and renewals. This will greatly benefit Ncell SIM users for online share trading.”
The share market is one of the most bustling sectors in Nepal and since COVID-19, it has continuously hit the growth trajectory. Now, Ncell has started offering various services with its partnership with the prominent brokerage firm NAASA Securities. This will bring millions of Ncell users access to the firm’s various stock market services via its mobile app. How beneficial will this be for the share market enthusiast? Do share your opinion in our comments box below and you can also reach out to us on our social media handles.
