KATHMANDU, NOVEMBER 03 Everest Bank Ltd (EBL) and Daraz Kaymu Pvt Ltd (Daraz) have signed a memorandum of understanding (MoU) for discount partnership for Daraz 11.11 campaign. Everest Bank proposes dividend for FY 2077/78. How much in bonus shares? Bank of Kathmandu (BOKL) proposes 14 per cent dividend EBL shall provide up to 15 per cent discount on purchase from Daraz app and websites by using the bank-issued Visa debit or credit cards during the event, as per a media release. Customers can get maximum discount of Rs 3,500 from credit card and Rs 3,000 from debit card. The MoU was signed by Ashutosh Sharma, AGM of EBL and Lino Ahlering, managing director of Daraz. Featuring Rs 50 million worth of discount on 1.1 million products and 11 TVS motorcycles as the mega giveaway, this mega campaign will last for 24 hours. Separately, Daraz also announced that to provide customers with a one-of-a-kind entertainment experience and chance to win exciting rewards during the campaign, the company will be organising a Grand Gala Live featuring media personalities Suraj Singh Thakuri and Malvika Subba as hosts along with 11 other renowned celebrities. This Gala Live will be livestreamed via the Daraz app on November10. A version of this article appears in the print on November 4, 2021, of The Himalayan Times.