C-ASBA service charge for Banks in Nepal

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

C-ASBA will ensure centralized posting and verification of bank account numbers and DMAT account numbers ease monitoring of double application for issue managers and share registrars, cancellation of application upon double applications and prepare a final report for securities allocation.

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

List of Banks in Nepal with C-ASBA application charges (per application)

Last updated at April 2, 2021; for current updated data visit your respective Bank’s website for standard charge sheet.

SymbolBank NameCharge (in rupees)
ADBLAgricultural Devleopment BankRs. 10
BOKLBank Of KathmanduFree
CBLCivil BankRs. 10
CCBLCentury Commercial BankFree
CZBILCitizen BankRs. 20
EBLEverest BankRs. 20
GBIMEGlobal IME BankFree
HBLHimalayan BankFree
KBLKumari BankRs. 20
LBLLaxmi BankRs. 25
MBLMachhapuchhre BankRs. 10
MEGAMega BankFree
NABILNabil BankFree
NBBNepal Bangladesh BankFree
NBLNepal BankRs. 25
NCCBNepal Credit And Commercial BankFree
NIBNepal Investment BankRs. 20
NICANIC Asia BankFree
NMBNMB BankRs. 20
PCBLPrime Commercial BankRs. 25
PRVUPrabhu BankRs. 10
RBBRastriya Banijya BankFree
SANIMASanima BankFree
SBINepal SBI BankRs. 25
SBLSiddhartha BankFree
SCBStandard Chartered BankRs. 100
SRBLSunrise BankRs. 10
SymbolOthersCharge (in rupees)
MNBBLMuktinath Bikas BankRs. 10
MLBLMahalaxmi Bikas BankRs. 10
GBBLGarima Bikas BankFree
ICFCICFC FinanceRs. 25

Application Supported by Blocked Amount (ASBA) is a process for applying to public/rights issues submitted by investors by blocking the application money in their bank account while subscribing to the issue.

C-ASBA will ensure centralized posting and verification of bank account numbers and DMAT account numbers ease monitoring of double application for issue managers and share registrars, cancellation of application upon double applications and prepare a final report for securities allocation.

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 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.