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HomeListList of ASBA/C-ASBA Charges of Commercial Banks in Nepal (Updated 2022)

List of ASBA/C-ASBA Charges of Commercial Banks in Nepal (Updated 2022)

The Centralized Application Supported by the Blocked Amount (C-ASBA) process, which began on February 23, 2018, allows investors to purchase shares online. C-ASBA is a more user-friendly version of the ASBA interface. It connects all the ASBA services, financial institutions, and companies of the Nepali Stock Market.

CASBA helps the bank authenticate consumers’ bank accounts and balances before applying for a primary market offering. It also checks the system and looks for double applications using the same account, saving time and problems for the issue manager and share registrars.

Application Supported by Blocked Amount (ASBA) is an application that allows you to subscribe to an issue with authorization to block the money in your bank account. Mero Share is a system developed by CDS and Clearing Limited (CDSC) which allows shareholders to apply for shares (IPO, FPO, Right, Mutual Fund, and Debentures) online after they have registered with C-ASBA.Banks deduct an application fee from your account as a service charge for blocking the money needed to apply for an issued share, while some banks provide free service. The following is a list of Nepalese banks, along with their C-ASBA service charges per application.

SYMBOL

NAME OF BANKS

CHARGE

ADBL

Agricultural
Development Bank

Rs. 10

BOKL

Bank of Kathmandu

Rs. 10

CBL

Civil Bank

Rs. 10

CCBL

Century Commercial Bank

Rs. 25

CZBIL

Citizen Bank

Rs. 20

EBL

Everest Bank

Rs. 20

GBIME

Global IME Bank

Rs. 15

HBL

Himalayan Bank

Rs. 20

KBL

Kumari Bank

Rs. 20

LBL

Laxmi Bank

Rs. 25

MBL

Machhapuchhre Bank

Rs. 10

MEGA

Mega Bank

Rs. 25

NABIL

Nabil Bank

FREE

NBB

Nepal Bangladesh Bank

Rs. 10

NBL

Nepal Bank

Rs. 10

NCCB

Nepal Credit and Commercial Bank

Rs. 10

NIB

Nepal Investment Bank

Rs. 20

NICA

NIC Asia Bank

FREE

NMB

NMB Bank

Rs. 20

PCBL

Prime Commercial Bank

Rs. 10

PRVU

Prabhu Bank

Rs. 10

RBB

Rastriya Banijya Bank

FREE

SANIMA

Sanima Bank

Rs. 20

SBI

Nepal SBI Bank

Rs. 25

SBL

Siddhartha Bank

Rs. 10

SCB

Standard Chartered Bank

Rs. 100

SRBL

Sunrise Bank

Rs. 10

From the above table, I have selected the banks that offer Free C-ASBA services in Nepal.

  • Nabil Bank Limited
  • NIC Asia Bank Limited
  • Rastriya Banijya Bank Limited
Check your bank name above for the service charged for which you apply for every share issue. Banks periodically adjust the C-ASBA fee, so if you find any information wrong, please let us know by commenting below.
 
Thank you.

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Nelomasi
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