CASBA Charge of Nepali Banks (Updated)

CASBA Charge of Nepali Banks

CASBA Charge of Nepali Banks

This is 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.

Agricultural Development Bank ADBLRs. 5
Bank of Kathmandu BOKLRs. 5
Civil BankCBLRs. 5
Machhapuchhre BankMBLRs. 5
Laxmi Sunrise BankRs. 5
Prabhu Bank PRVURs. 5
Nepal Investment Mega BankNIBLRs. 5
Himalayan BankHBLRs. 5
NMB Bank NMBRs. 5
Citizen Bank InternationalCZBILRs. 5
Everest BankEBLRs. 5
Prime Commercial BankPCBLRs. 5
Century Commercial BankCCBLRs. 5
Standard Chartered BankSCBRs. 5
Global IME BankGBIMERs. 5
Nepal Credit Commerce BankNCCBRs. 5

Banks With Free CASBA Charge 

Following banks provide free ASBA service.

Kumari BankKBLFree
Nabil BankNABILFree
NIC Asia BankNICAFree
Rastriya Banijya BankRBBFree
Sanima BankSANIMAFree
Nepal Bank LimitedNBLFree
Siddhartha BankSBL Free

CASBA Charge of Development Bank & Finance

Muktinath Bikas BankMNBBLRs. 5
Mahalaxmi Bikas BankMLBLRs. 5
ICFC FinanceICFCRs. 5
Garima Bikas BankGBBLFree
Lumbini Bikas BankLBBLRs. 5
Kamana Sewa Bikas BankKSBBLRs. 5

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, enabling individuals to apply for shares through their banks. Now, with the help of this system, investors can buy IPO, FPO, Right Shares, Mutual Funds, and 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 in Nepal

Depository Participant (DP) Fees

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

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