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 November 17, 2020; for current updated data visit your respective Bank’s website for standard charge sheet.
|Symbol||Bank Name||Charge (in rupees)|
|ADBL||Agricultural Devleopment Bank||Rs. 10|
|BOKL||Bank Of Kathmandu||Free|
|CBL||Civil Bank||Rs. 10|
|CCBL||Century Commercial Bank||Free|
|CZBIL||Citizen Bank||Rs. 20|
|EBL||Everest Bank||Rs. 20|
|GBIME||Global IME Bank||Free|
|KBL||Kumari Bank||Rs. 20|
|LBL||Laxmi Bank||Rs. 25|
|MBL||Machhapuchhre Bank||Rs. 10|
|NBB||Nepal Bangladesh Bank||Free|
|NBL||Nepal Bank||Rs. 25|
|NCCB||Nepal Credit And Commercial Bank||Free|
|NIB||Nepal Investment Bank||Rs. 20|
|NICA||NIC Asia Bank||Free|
|NMB||NMB Bank||Rs. 20|
|PCBL||Prime Commercial Bank||Rs. 25|
|PRVU||Prabhu Bank||Re. 1|
|RBB||Rastriya Banijya Bank||Free|
|SBI||Nepal SBI Bank||Rs. 25|
|SCB||Standard Chartered Bank||Rs. 100|
|SRBL||Sunrise Bank||Rs. 10|
|Symbol||Others||Charge (in rupees)|
|MNBBL||Muktinath Bikas Bank||Rs. 10|
|MLBL||Mahalaxmi Bikas Bank||Rs. 10|
|GBBL||Garima Bikas Bank||Free|
|ICFC||ICFC Finance||Rs. 25|