Nepal Bank review
Updated October 13, 2026 · VaultCue Editorial Team
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Our verdict
Nepal Bank Limited provides Pioneer savings accounts, NRN savings and fixed deposits, safe deposit lockers and smart mobile banking for everyday money management. For customers who value historic continuity in Nepalese banking since 1937, it offers familiar deposit choice with branch and app access.
Key facts
- Best for
- Customers valuing historic Nepalese banking continuity
- Currencies
- 22↗
- Transfer fee
- SWIFT transfer (NPR/INR, account holder) 0.10% or minimum NPR 300 plus Swift charge NPR 300; inward remittance credit to customer account free↗
- Legal entity
- Nepal Bank Limited↗
- Headquarters
- Nepal↗
- Founded
- 1937↗
- Support channels
- Phone, Email↗
- Audience
- Expats, Business
- Features
- Joint account
- Official website
- nepalbank.com.np
Savings
Money transfer
- Delivery time
- Real-time; beneficiary can receive instantly at any NBL branch↗
- Payout methods
- Bank, Cash-pickup↗
- Fee to send 1,000
- NPR 100↗
Facts checked September 26, 2026, 7 sources
Apps and profiles
- Get the app
- Google Play
- Elsewhere
- WikidataWikipediaXyoutube.com
Pros and cons
Pros
- Traces formal banking in Nepal to establishment in 1937 under national legislation.
- Runs Pioneer savings alongside everyday deposit and locker services.
- Offers dedicated savings and fixed options for non-resident Nepalese customers.
- Provides smart mobile banking supporting everyday account management.
Cons
- Everyday range centres on savings and fixed deposits rather than wider choice.
- Locker availability rests on selected branches rather than the whole network.
Who it suits
- Customers wanting a historic Nepalese bank for savings
- Customers valuing mobile banking alongside branch services
- Customers needing secure storage alongside deposit accounts
Who should look elsewhere
- Customers wanting services beyond savings, deposits and lockers
Who runs it
Nepal Bank Limited stands as the institution behind the brand and marked the formal beginning of banking in Nepal. It was established on November 15, 1937 under Nepal Bank Act 1937. Ownership was divided between government and private shareholders at incorporation. The company runs Pioneer savings accounts, savings deposits, fixed deposits, safe deposit locker branches and digital banking services. Its identity remains linked to its position as the first bank of the country.
Safety and regulation
Longevity and statutory origin shape the safety context for Nepal Bank Limited. Creation under Nepal Bank Act 1937 gave the bank a formal legal foundation from the start. Shared ownership between government and private shareholders has defined its governance since incorporation. Continuous operation since 1937 provides a long public record of institutional presence. Customers who compare everyday accounts can weigh this historic foundation alongside account features when deciding where to keep everyday balances.
How Nepal Bank compares
Where Nepal Bank is available
- Available
- Nepal
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What savings accounts does Nepal Bank offer?+
The bank runs Pioneer savings accounts alongside savings deposits and fixed deposits for everyday needs. The range focuses on familiar deposit choice rather than complex structures. Customers can pair those accounts with mobile and branch access.
Who runs Nepal Bank?+
Nepal Bank Limited operates as the first bank of Nepal and marked the formal beginning of banking in the country. Ownership was divided between government and private shareholders at incorporation. It continues under the same historic institutional identity.
When was Nepal Bank established?+
The bank was established on November 15, 1937 under Nepal Bank Act 1937. That date marks the formal start of banking in Nepal. It retains recognition as the first bank of the country.
How does digital banking work at Nepal Bank?+
Digital banking centres on a dedicated smart mobile banking app for everyday account management. Customers can use the app alongside in-person branch services. Safe deposit locker branches add another in-person option for specific storage needs.
Which company operates Nepal Bank?+
Nepal Bank is operated by Nepal Bank Limited. (Source, checked September 26, 2026)
Where is Nepal Bank based?+
Nepal Bank is based in Nepal. (Source, checked September 26, 2026)
When was Nepal Bank founded?+
Nepal Bank was founded in 1937. (Source, checked September 26, 2026)
How can I contact Nepal Bank support?+
Nepal Bank offers support through Phone, Email. (Source, checked September 26, 2026)
Sources
- nepalbank.com.np checked September 26, 2026
Backs: Audience, Features
“Such account can be opened and operated by NRN ... located in abroad ... Minimum Rs.50,000.00 must be remitted in this account within six months from the date of account opening to be eligible for...”
- nepalbank.com.np/personal/forex checked September 26, 2026
Backs: Currencies
“Exchange rate of Thursday, Sep 24, 2026 17:15 - 1 US Dollar USD ... 22 Omani Riyal OMR (forex table of 22 currencies quoted against NPR)”
- nepalbank.com.np/personal/interest-rate/interest-rates-on... checked September 26, 2026
Backs: Access terms, Headline rate, Rate type
“Effective From Aswin 01, 2083 (September 17, 2026)”
- nepalbank.com.np/personal/nbl-in-brief checked September 26, 2026
Backs: Founded, Legal entity
“Nepal Bank Limited was established as FIRST bank of Nepal on Kartik 30, 1994 (November 15, 1937 A.D.) under Nepal Bank Act 1937”
- nepalbank.com.np/personal/products/saving-account/normal-... checked September 26, 2026
Backs: Account kind, Minimum deposit
“This account has been designed to promote saving habit of all individuals.”
- nepalbank.com.np/personal/service-charge/customer-service checked September 26, 2026
Backs: Headquarters, Support channels
“Contact Information Kathmandu-22, Dharmapath, New Road”
- nepalbank.com.np/personal/service-charge/remittance checked September 26, 2026
Backs: Transfer fee, Fee to send 1,000
“SWIFT Transfer NPR/INR Trade/Service Payment Account Holder 0.10% or Minimum NPR300+ Swift charge NPR 300; Credit to Customer account (NPR) Free”
- nepalbank.com.np/remittance-services checked September 26, 2026
Backs: Delivery time, Payout methods
“Customers can send money from their nearest NBL branch to any location within Nepal on a real-time basis ... The beneficiary can receive the money instantly from any NBL branch”
Compiled from 8 source pages, checked October 13, 2026. We did not open an account.
Not confirmed yet: Monthly fee, Licence type, Deposit protection, Currency conversion fee.