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.
Last updated at 3rd March, 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|
|CCBL||Century Commercial Bank||Rs. 25|
|CZBIL||Citizen Bank||Rs. 20|
|EBL||Everest Bank||Rs. 20|
|GBIME||Global IME Bank||Free|
|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|
|PCBL||Prime Commercial Bank||Rs. 25|
|PRVU||Prabhu Bank||Re. 1|
|RBB||Rastriya Banijya Bank||Rs. 10|
|SBI||Nepal SBI Bank||Rs. 25|
|SCB||Standard Chartered Bank||Rs. 100|
|SRBL||Sunrise Bank||Rs. 25|
Note: Issues applied though Mero Share online application is free of cost for different Banks in Nepal.
Mero Share application is the online system developed by CDSC through which the shareholders can apply application for IPO/FPO/Rights issues once they are registered through C-ASBA.