CASBA is a centralized Application Supported by Blocked Amounts (ASBA). CDS and Clearing limited implemented an advanced form of ASBA system called C-ASBA on Falgun 11 2074. ASBA enables individuals to apply for shares through their banks. AS the technology gets more advanced, now 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 which provide ASBA related services. The computerized system allows individuals’ data to be linked with the Beneficiary Owner’s ID (BOID).
In this article, we are going to list down the Nepali Banks With Free CASBA services. The majority of banks charge different CASBA charges ranging from Rs. 10 to Rs. 100. However, some banks do not charge CASBA which are listed as follows.
Commercial Banks With Free CASBA Charge
|NIC Asia Bank||NICA||Free|
|Rastriya Banijya Bank||RBB||Free|
CASBA Charge Free of Development Bank
|Garima Bikas Bank||GBBL||Free|
Know more about – ASBA & CASBA Charge
- Dividend History of Global IME Bank Limited
- Dividend History of Nabil Bank
- Dividend History of Mega Bank
- CASBA Charge of Nepali Banks
- Everything You Need to Know About Collateral
- IPO Allotment Process in Nepal
- Upcoming FPO in Nepal
Which bank has free CASBA service?
- Mega Bank
- Nabil Bank
- NIC Asia Bank
- Rastriya Banijya Bank