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.
| Bank | Code | Fee |
|---|---|---|
| Agricultural Development Bank | ADBL | Rs. 5 |
| Bank of Kathmandu | BOKL | Rs. 5 |
| Civil Bank | CBL | Rs. 5 |
| Machhapuchhre Bank | MBL | Rs. 5 |
| Laxmi Sunrise Bank | Rs. 5 | |
| Prabhu Bank | PRVU | Rs. 5 |
| Nepal Investment Mega Bank | NIBL | Rs. 5 |
| Himalayan Bank | HBL | Rs. 5 |
| NMB Bank | NMB | Rs. 5 |
| Citizen Bank International | CZBIL | Rs. 5 |
| Everest Bank | EBL | Rs. 5 |
| Prime Commercial Bank | PCBL | Rs. 5 |
| Century Commercial Bank | CCBL | Rs. 5 |
| Standard Chartered Bank | SCB | Rs. 5 |
| Global IME Bank | GBIME | Rs. 5 |
| Nepal Credit Commerce Bank | NCCB | Rs. 5 |
Banks With Free CASBA Charge
Following banks provide free ASBA service.
| Banks | Code | Fee |
|---|---|---|
| Kumari Bank | KBL | Free |
| Nabil Bank | NABIL | Free |
| NIC Asia Bank | NICA | Free |
| Rastriya Banijya Bank | RBB | Free |
| Sanima Bank | SANIMA | Free |
| Nepal Bank Limited | NBL | Free |
| Siddhartha Bank | SBL | Free |
CASBA Charge of Development Bank & Finance
| Banks | Code | Fee |
|---|---|---|
| Muktinath Bikas Bank | MNBBL | Rs. 5 |
| Mahalaxmi Bikas Bank | MLBL | Rs. 5 |
| ICFC Finance | ICFC | Rs. 5 |
| Garima Bikas Bank | GBBL | Free |
| Lumbini Bikas Bank | LBBL | Rs. 5 |
| Kamana Sewa Bikas Bank | KSBBL | Rs. 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
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.
Also Read:
- 7 Mistakes To Avoid While Applying For IPO
- CASBA Charge of Nepali Banks
- Everything You Need to Know About Collateral
- Salary of CEOs of Commercial Banks in Nepal
- Broker Commission in Nepal