Investors can buy primary and rights shares online with the C-ASBA process which has been implemented on February 23, 2018 (Falgun 11, 2074) in Nepal. C-ASBA is an advanced form of ASBA interface which is claimed to be more user friendly.

Update August 22, 2022: SEBON revises the IPO assurance fees; the maximum fees for filling up IPO is reduced to Rs. 5.

— SEBON / ShareSansar / Merolagani

Here are the list of various Banks in Nepal with their C-ASBA service charges per application.

C-ASBA charge of Commercial Banks in Nepal

Symbol	Bank Name	Charge (in rupees)
SCB	Standard Chartered Bank	Rs. 100 Rs. 5
CCBL	Century Commercial Bank	Rs. 25 Rs. 5
LBL	Laxmi Bank	Rs. 25 Rs. 5
MEGA	Mega Bank	Rs. 25 Rs. 5
SBI	Nepal SBI Bank	Rs. 25 Rs. 5
CZBIL	Citizen Bank	Rs. 20 Rs. 5
CBL	Civil Bank	Rs. 20 Rs. 5
EBL	Everest Bank	Rs. 20 Rs. 5
HBL	Himalayan Bank	Rs. 20 Rs. 5
KBL	Kumari Bank	Rs. 20 Rs. 5
NIB	Nepal Investment Bank	Rs. 20 Rs. 5
NMB	NMB Bank	Rs. 20 Rs. 5
SANIMA	Sanima Bank	Rs. 20 Rs. 5
GBIME	Global IME Bank	Rs. 15 Rs. 5
ADBL	Agricultural Development Bank	Rs. 10 Rs. 5
BOKL	Bank of Kathmandu	Rs. 10 Rs. 5
MBL	Machhapuchchhre Bank	Rs. 10 Rs. 5
NBB	Nepal Bangladesh Bank	Rs. 10 Rs. 5
NCCB	Nepal Credit and Commerce Bank	Rs. 10 Rs. 5
PRVU	Prabhu Bank	Rs. 10 Rs. 5
PCBL	Prime Commercial Bank	Rs. 10 Rs. 5
SRBL	Sunrise Bank	Rs. 10 Rs. 5
NABIL	Nabil Bank	Free
NBL	Nepal Bank	Rs. 10 Free
NICA	NIC Asia Bank	Free
RBB	Rastriya Banijya Bank	Free
SBL	Siddhartha Bank	Rs. 10 Free

C-ASBA charge of Development Banks & Finances in Nepal

Symbol	Bank Name	Charge (in rupees)
ICFC	ICFC Finance	Rs. 25 Rs. 5
KSBBL	Kamana Sewa Bikas Bank	Rs. 20 Rs. 5
GBBL	Garima Bikas Bank	Rs. 10 Rs. 5
LBBL	Lumbini Bikas Bank	Rs. 10 Rs. 5
MLBL	Mahalaxmi Bikas Bank	Rs. 10 Rs. 5
MNBBL	Muktinath Bikas Bank	Rs. 10 Rs. 5
MFIL	Manjushree Finance	Free

Note:

• The banks update the asba charges from time to time. Hence, the above amount may differ at current time.
• Above mention amount are per application.

Mero Share

Mero Share application is the on-line system developed by CDSC through which the shareholders can apply application for IPO/FPO/Rights issues once they are registered through C-ASBA.

C-ASBA

C-ASBA means “Centralised Application Supported by Blocked Amount”. ASBA is an application containing an authorization to block the application money in the bank account (Saving Account and Current Account without Overdraft facility), for subscribing to an issue (IPO/FPO/Rights). If an investor is applying through ASBA, his/her application money shall be debited from the bank account only if his/her application is selected for allotment after the basis of allotment is finalized.

C-ASBA is provided by (almost every) Banks in Nepal from all over its branches inside and outside Kathmandu. To avail the facility, just fill up the C-ASBA registration form and submit to (your) any nearest (Bank) branches.

C-ASBA Registration Number

CRN is short form of C-ASBA Registration Number. It connect your bank account number with Demat Number. Due to which bank can easily block the amount of money you have applied for share application. Hence, CRN number of every individual is unique.

Advantages in applying through C-ASBA

Applying through ASBA facility has the following advantages:

• The investor need not pay the application money by cheque rather the investor submits ASBA which accompanies an authorization to block the bank account to the extent of the application money.
• The investor does not have to bother about refunds, as in ASBA only that much money to the extent required for allotment of securities, is taken from the bank account only when his application is selected for allotment after the basis of allotment is finalized.
• The investor continues to earn interest on the application money as the same remains in the bank account, which is not the case in other modes of payment.
• The application form is simpler.
• The investor deals with the known intermediary i.e. its own bank.