CASBA Charge of Nepali Banks (Updated)

CASBA Charge of Nepali Banks

CASBA Charge of Nepali Banks

This are the list of commercial banks with their CASBA charge sorted in ascending order. Banks and financial institutions take different CASBA charges according to their internal rule and regulation. Some banks charge high CASBA charges whereas some BFIs provide free CASBA services. So, here is the latest data about the C-ASBA Charge of Nepali Banks including commercial banks, development banks, and finance companies.

Other Post –   Upcoming IPOs in Nepal

For updated data visit your respective Bank’s website for a standard charge sheet.

 

Banks Code CASBA Charge
Agricultural Development Bank ADBL Rs. 10
Bank of Kathmandu BOKL Rs. 10
Nepal Bangladesh Bank NBBL Rs. 10
Civil Bank CBL Rs. 20
Machhapuchhre Bank MBL Rs. 10
Sunrise Bank SRBL Rs. 10
Siddhartha Bank SBL Rs. 10
Prabhu Bank PRVU Rs. 10
Nepal Investment Bank NIBL Rs. 20
Himalayan Bank HBL Rs. 20
NMB Bank NMB Rs. 20
Citizen Bank International CZBIL Rs. 20
Everest Bank EBL Rs. 20
Kumari Bank KBL Rs. 20
Sanima Bank SANIMA Rs. 20
Laxmi Bank LBL Rs. 25
Nepal Bank NBL Rs. 10 
Prime Commercial Bank PCBL Rs. 10
Nepal SBI Bank SBI Rs. 25
Century Commercial Bank CCBL Rs. 25
Standard Chartered Bank SCB Rs. 100
Global IME Bank GBIME Rs. 15
Nepal Credit Commerce Bank NCCB Rs. 10



Banks With Free CASBA Charge 

Banks Code CASBA Charge
Mega Bank MEGA Free
Nabil Bank NABIL Free
NIC Asia Bank NICA Free
Rastriya Banijya Bank RBB Free

CASBA Charge of Development Bank & Finance

Banks Code Charge
Muktinath Bikas Bank MNBBL Rs. 10
Mahalaxmi Bikas Bank MLBL Rs. 10
ICFC Finance ICFC Rs. 25
Garima Bikas Bank GBBL Free
Lumbini Bikas Bank LBBL Rs. 10
Kamana Sewa Bikas Bank KSBBL Rs. 20

What is CASBA Charge? 

On Falgun 11 2074, CDS and Clearing limited implemented an advanced form of ASBA system called C-ASBA. SEBON also initiated the ASBA process that enabled individuals to apply for shares through their banks. Now, with the help of this system, investors can buy IPO, FPO, Right Shares, Mutual Funds, Debenture online through the Mero Share service.

C-ASBA is a kind of centralized system that links all the BFI’s that provide ASBA related services. The computerized system allows individuals’ data to be linked with the Beneficiary Owner’s ID (BOID).

DP Fees 

Depository Participant (DP) Fees

C-ASBA Registration Number (CRN) is the unique number that connects BOID (Demat Number) and the Bank Account of Investors. CRN number is provided by the respective banks to the investors after verifying the BOID. Only those who obtained CRN can apply for the publicly issues securities such as IPO, FPO, Right Shares, Mutual Funds, Debentures.

Also Read:

Comments Box