The Privilege Banking Unit is committed to serve you through our sophisticated and state-of-the-art products and services. All our branches are connected to each other through V-SAT and radio links and no matter where you open your deposit accounts, you can have full access to your accounts from any of the branches spread all over Nepal - either for statements or deposits or withdrawals of cash. For those who are Internet-savvy, they can have access over their accounts from the comfort of their homes or office through the Internet using NabilNet, our Internet banking system. For investment or safety, you can choose your accounts from an array of deposit schemes we offer. Our range of card products, wide network of ATMs and extended banking counters including 365 days banking from our Kantipath Branch all complement to your exclusive banking experience with Nabil. Please visit related links to learn more about the Cards and Extended Banking Services.

We offer different privileges in the forms of personalized banking and discounts for our high-value accounts. Please step into our branches to enjoy a completely new banking experience.

In current accounts, you may withdraw or deposit any amount of cash. However for your own convenience, it would be better if you inform the bank prior to your presenting the cheque over the counter for bulk cash withdrawals. You just need to make sure to maintain the minimum balance in the account as set by the bank to avoid ledger fees set by the bank. You will be provided with a cheque book containing as many leaves as required by you depending on your business transactions. Individuals, profit-making business houses, international / national non-government organizations and others open current accounts. This is a non-interest bearing account. Normally statements are provided to customers on a periodic basis. Customers are encouraged to use NabilNet (online banking system) to download statements and view transactions as through the internet.

We open current accounts in Nepali Rupee and a range of other convertible foreign currencies in all the foreign currencies listed by Nepal Rastra Bank.

Call deposit accounts are those accounts where you park high-volume short term deposits. These accounts pay interest to account holders based on the rate negotiated with the bank. Cheque books will be provided to the call account holders to withdraw cash.

We open call deposit accounts in Nepali Rupee and various other convertible foreign currencies.

Time deposit accounts are meant for those individuals and corporate houses, who would like to earn interest on the fund not in use otherwise for a period of time. Time deposit accounts are opened for a fixed period of time ranging from 2 weeks to more than a year. These accounts pay interest to account holders at the rates agreed upon with customers at the time of opening time deposits. The interest rate and initial deposit will be fixed for the period as agreed with the bank. In case time deposit holders need fund from the time deposit account prior to its maturity, they can apply for a loan pledging the time deposit certificate on which the bank will have the lien.

We open time deposit accounts in Nepali Rupee and various other convertible foreign currencies (list).

For interest rates of time deposits of different time periods, please click here

Savings deposit accounts are meant for those individuals who have a habit of saving money from their earnings so that they can use it when they require. The bank allows holders to withdraw the money as and when they need it. However for your own convenience, it would be better if you inform the bank prior to your presenting the cheque over the counter for bulk cash withdrawals. The bank will provide you with a cheque book for withdrawal of cash. Interest rates in savings accounts are subject to change depending on the market conditions. Bank will provide statements of transactions on a periodic basis. You are encouraged to use NabilNet to download your statements and view your transactions through the internet.

We open normal savings deposit accounts in Nepali Rupee and various other convertible foreign currencies.

NabilLokBachat is a very flexible savings deposit product where you can open your account at zero minimum balance requirement and still earn interest on the monthly minimum balance above Rs 10,000.

Under the scheme, the customers are required to avail a Visa Electron Debit Card at a discounted rate of Rs 200 while opening the account. Our Visa Electron Debit Card will give you access to your account through our large network of ATMs for withdrawals 24 hours a day. You can also use the Visa Electron Card to purchase goods and services at Visa accepting outlets both in Nepal and India. If required, we also provide Cheque book at a very nominal fee.

NabilLokBachat account holders can also enjoy our internet banking solution ‘NabilNet’ and 365 Days Banking with Evening Counters with out any additional cost. NabilLokBachat is most suitable for corporate entities for the salary distribution to their staff members. Prospective share investors who need a bank account compulsorily for investing into an IPO by an amount above a certain sum can also take advantage of very relaxed terms of NabilLokBachat scheme

NabilBachat is our premium savings deposit product. The minimum balance requirement for this deposit is NPR. 50,000 and the interest rate in this is 6% p.a. for deposits exceeding NPR. 50,000. The product has the following features:

Debit Card (VISA Electron): Free of issuance charge

Anywhere branch banking service (ABBS): Free of charge

Account Statement: Free of charge

Stop Payment: Free of charge

Good for Payment: Free of charge

NabilNet (Internet Banking System): Free of charge

Balance Certificate: Free of charge

TC: Free of issuance and purchase charge

Other Privileges

Privilege Relationship

Locker Facility

All the above freebies, discounts and interest rates are subject to change at the discretion of the Nabil Bank management. Conditions apply for this scheme.

Nabil Student Saving accounts are meant for the students. This product is an amalgamation of a Deposit Product and a Loan Product. Students can open this account with a minimum balance of just NPR 500 and enjoy a host of exclusive facilities, better interest rates, instant access on online banking services, privileged education loans, free cheque books, special discounts on TCs, Bank Drafts Swift Transfer and much more

The product has been designed to promote the habit of savings amongst the parents for a secured future of their children. It has been observed that due to the hectic lifestyles of the parent’s today, they tend to ignore the importance of saving for their children. Today’s savings in fact can be very precious in the future. The amount can be used later for various purposes viz the educational expenses of the children, investment in fixed assets for the children or for the marriage ceremonies of the children later in future. This account is equally useful to inculcate the banking concept amongst the children from their early ages. ‘NabilBalBachat’ is aimed at providing a better future for the children populace of today.

The product also has a facility to make a monthly transfer from the account of the parent to the NabilBalBachat account through a ‘Standing Instruction’ option. The Standing Instruction facilitates the monthly transfers, by an amount decided by the parent without having the parents to come to the Bank and make the monthly transfers by themselves.

The features of the product are as follows:-

Minimum balance requirement: NPR 500 (Minimum balance will be held with us, a condition to that effect will be mentioned in the account opening form).

Interest rate: 3.5% p.a. on daily balance.

Issuance of Visa Electron Debit Card at NPR. 200.

Free issuance of cheque book.

Free Nabil Net.

If Standing Instruction is applicable, monthly minimum transfer not below Rs. 500.

No restriction on deposits

Option to restrict/allow withdrawal remains with the account holder.

NabilJesthaBachat is a special savings scheme for the Senior Citizens who belong to the age group of 50 years and above. The scheme offers an interest rate of 5% p.a. on daily balance. Under this scheme, interest is paid every month which helps the senior citizens to manage their monthly expenses more conveniently. The scheme offers the below features which has been introduced for the benefit of the senior citizens.

Minimum balance requirement: NPR 500

Interest rates: 5% p.a. daily balance with monthly interest payment

Free Nabil Net

Unlimited withdrawals & Deposits

Issuance of ATM Card with a charge of NPR. 200 (mandatory)

Free Issuance of Cheque Book

50% discount on the Issuance of Traveler’s cheque, Swift Transfer, Demand Drafts

Free Good for Payment and Stop Payment Service

Free Balance Certificate and Account Statement

25% discount on locker charges (depends upon the availability of the locker)

NabilJesthaMuddhati is a special Fixed Deposit scheme for the Senior Citizens who belong to the age group of 50 years and above. The scheme offers an interest rate of 7.5% p.a. Under this scheme the interest is paid on a monthly basis which helps the senior citizens to manage their monthly expenses more conveniently and thus makes their lives more comfortable. The scheme offers the below features which has been introduced for the benefit of the senior citizens.

Minimum Balance: Rs. 500,000

Interest Rate: 7.5% per annum payable on a monthly basis

Tenure: 1 year

Pre-mature liquidation not allowed

Option of 90% OD loan limit with the Bank’s prevailing interest rate

Compulsory opening of NabilJesthaBachat account (to be used as interest nominated account)

Introduction

Nabil Bank Limited Retirement Fund (NBLRF) with the approval of His Majesty's Government of Nepal, Department of Inland Revenue and Nepal Rastra Bank, has been managing and operating Retirement Fund of its own employees and the employees of Nabil bank's corporate customers.

The Fund is an independent trust in accordance with the provision of Income Tax Act 2058 of Nepal, which is managed by a separate board and management team.

What is Retirement Fund Contribution?

Contribution made by an employee to his/her Provident Fund, Gratuity or other Fund of similar nature payable at the time of retirement is known as Retirement Fund Contribution. The Contribution up to one third of total assessable income or NPR 300,000.00, whichever is lower is deductible from assessable income.

Who can open account with NBLRF?

Individual employee of corporate customer of Nabil Bank Limited can open an account and deposit their retirement contribution with the NBLRF. Prior to this the corporate customers have to enter into an agreement with the Fund. The depositors is called beneficiary of the Fund.

Benefits to Beneficiary

Tax Benefit

According to current provision of Income Tax Act 2058, total payment of retirement fund up to NPR 500,000.00 or fifty percent of total deposit, whichever is higher is tax free. Remaining balance is taxable @5.00%. While in case of the deposit in other unapproved fund will attract tax @15% in the total amount.

Borrowing Facility

Beneficiary may borrow up to ninety percent of their total deposit. Such borrowing will attract an interest rate of one percent higher than the rate for deposit.

Safety

NBLRF is allowed to invest its deposit in Commercial banks and HMG Bonds only.

Payment of Retirement Contribution

Beneficiary shall not have any right to claim the payment of the retirement contribution as long as s/he is continuing the service. Beneficiary who is separated from the service may claim for payment of the balance retirement contribution with evidence of separation of service. In the event of death of the beneficiary, his/her nominee may lodge the claim for payment of balance amount in the account of the deceased. Where no nominee is appointed or the nominee has also died, first living relative of the deceased beneficiary may lodge the claim.

If you are unable to use our retirement fund schemes, we have another savings account called "Provident Fund" account. As the name suggests, this account is used for keeping provident funds of employees of our corporate accounts. We open provident fund accounts in the individual name and also provide interest on that. Individual provident fund accounts are operated with joint signatures both by the account holder and the designated person from his/her office.

Miss Players NabilNariBachat is a deposit product for the women populace and the same has been developed under a co-branding arrangement with Miss Players, a premium clothing brand for women of Surya Nepal Pvt. Ltd. (SNPL). The account holders are offered with a customized co-branded Visa Electron Debit Card and with this Nabil is the first Bank ever to have crafted a special Visa Electron Debit card for women. This product is suitable for the women from various walks of life. The account holders are also entitled to get special discounts/offers from various organizations/outlets/shops/restaurants/hotels within the valley.

Features:

Minimum balance requirement: NPR 500

Interest rates: 5% p.a. payable on monthly minimum balance

Free Nabil Net

Unlimited withdrawals & Deposits

Issuance of ATM Card with a charge of NPR. 200 (mandatory)

Free Issuance of Cheque Book

Free 365 days Banking/Evening Counter

25% discount on the Issuance of Traveler’s Cheque, Swift Transfer, Demand Draft

Facility of Locker (preference given subject to availability)

The account holders will be entitled to get a Gift voucher of NPR 500 on the opening the account from Surya Nepal Pvt. Ltd

Other attractions (Discounts available on mere presentation of the Visa Electron Debit Card):

10% discount on diamond jewellery at Ebisu Jewellers, Durbarmarg.

20% discount on diamond jewellery and 20% discount on making charge on Gold Ornaments at Nine Gems, Newroad.

7% discount on Cash purchases at Ashley (former Bentley), Durbarmarg

Upto 10% discount at Hardic Fitness Centre, Lalitpur

Upto 20% discount at Jasmine Spa and Health club, Tripureshwor

10% discount on regular beauty services and 15% discount on any slimming and beauty packages at VLCC, Dillibazar

12% discount on all Perfumes and Cosmetics at Ina Centre, Newroad, Kathmandu. A gift hamper shall be given on the first purchase exceeding NPR 3,000/-. Offer for similar gift hampers would be on special occasions.

10% discount on Books and Handicraft items at Pilgrims Book House, Kupondole and Thamel branch

All the account holders shall get 5% discount in Miss Players garments from all the exclusive show rooms of Miss Players (Except in Sale Periods).

All Miss Players -NabilNariBachat account holders will be given following special privilege in Miss Player’s brands. Special preference to grab first hand opportunity during new arrivals, promotions & Sales periods.

Discounts available via Visa Electron Debit Card Usage:

15% discount on Food and Beverages at Rum Doodle Restaurant & Bar, Thamel

10% discount on Food and Beverage at The Kesar café (The Garden of Dreams) at Keshar Mahal, Thamel

5% discount on all electronic goods at Sony Showroom (Nepa Hima Trade Link) at Kantipath, Kumaripati, Newroad

15% discount on food and Beverage, Bakery Products and Laundry at the Radisson Hotel (1. Corner Bar, The Fun Café, 3. Splash Bar & Grill, 4. Olive Restaurant)

15% discount at the Dwarika’s Hotel Battishputali at Krishnarpan and the Fusion Bar.

25% discount on Room, SPA & Golf and 15% discount on Food and Beverage at The Fulbari Resort & Spa, Pokhara

10% discount on check up & consultation, 5% on scaling and whitening, 2% on implants and Zirconic crown at the Healthy Smiles P.Ltd, Lazimpat.

Various discounts available at Digiplus Pvt. Ltd, Photo Studio.

3% discount at Nina & Hager, Maharajgunj on Meat Products and Wine

Various discounts available at the Kastamandap Bazar P Ltd and Saleways Department Store, Jawalakhel

5% discount on purchases by Card at Ashley (former Bentley), Durbarmarg

In order to cater to the needs and meet the expectations of its valued customers, Nabil Bank has launched Nabil Muddati. As the name suggests, this deposit is fixed in nature and offers a very attractive interest rate. Following are the features of the product:-

Minimum Balance to open:	Rs. 100,000
Tenure:	1 year and or above
Interest Rate:	11% per annum

Availability of overdraft loan up to 90% of TD value

This interest rate is applicable for Nabil Jestha Muddati as well. This scheme is valid for a limited period only, so let’s hurry and grab the opportunity.