Nepal Telecom (NTC) has announced it has begun to adjust the postpaid service deposit amount into the bills as advance.
Releasing a notice, the telecom giant said it has started integrating the deposit amount on various services installation into the bill from Shrawan 01, 2079 BS. It is the beginning of the new Fiscal Year 078/79.
The company said it has replaced the current deposit provision and will charge the amount required in deposit in advance.
Ntc said the new policy applies to services such as GSMA CDMA, FTTH, ISDN, Toll-Free (AFS), VSAT, etc. The policy has already become effective from the beginning of the current fiscal year.
“The existing deposit of existing customers will be gradually adjusted to the remaining charges by the end of Shrawan. At the same time, the remaining amount will be maintained as an advance,” Ntc said in its notice.
Ntc has been charging a small sum upon installation of its services mentioned earlier. But with the beginning of the new FY, the company will adjust them in advance. This would be welcome news to subscribers as they do not have to submit the amount in deposit.
Other service providers also stipulate a fee in deposit on their services. They might follow Ntc’s suit later.