Kathmandu, April 2: Citizen Life Insurance Company has started operations of its new 63rd branch in Melamchi, Sindhupalchowk. The new branch office was inaugurated by Poshak Raj Paudel, CEO, Citizen Life. The new branch has been opened with an aim to easily provide information regarding the insurance plans of the company and make the premium payment process simple and easy to the locals of Sinchupalchowk.
The company, which started its operations from 19th October 2017, has already extended its operations around the country with 63 branches and more than 200 dedicated employees. The company has increased its insurance amount collection by 60% on its second quarter in comparison to its first quarter in this fiscal year. Along with an increase in the net profit by more than 120% in the same time period, the company has also been successful in making an investment of 245 crores till the month of Poush 2075.
