Everest Bank

Basic interest-bearing savings account in NPR for citizens or USD for foreigners.

• Minimum balance NPR 500
• Highly attractive interest rate
• Interest on daily closing balance
• Free ATM card and cheque book
• Multi-branch, internet and SMS banking
• USD account for foreigners with passport and job letter

Premium high-balance savings account bundled with insurance and free services.

• Minimum balance NPR 5 lakh
• Medical insurance NPR 1 lakh
• Accidental death insurance NPR 5 lakh
• Free debit and credit card for 2 years
• Free internet and mobile banking 2 years
• Locker rent-free first year, margin waiver 5 years
• Hospital discounts in Nepal, India and abroad

Hybrid savings account with automatic sweep-in/sweep-out to fixed deposit.

• Minimum balance NPR 5,000
• Sweep-in to FD above NPR 50,000 in 25,000 steps
• Sweep-out from FD using LIFO when needed
• Accidental death insurance up to NPR 5 lakh
• Free debit and credit card first year
• Free mobile banking and SMS alerts first year
• 75% locker discount first year

Savings account targeted at women and housewives.

• Minimum balance NPR 5,000 in valley, 2,500 outside
• Highly attractive interest rate
• Free cheque book
• Debit card issuance/renewal at NPR 50
• Free internet banking and bill pay
• 25% discount on small locker rent
• Eligibility: women and housewives

Children's savings account operated by parents or guardians.

• Minimum balance NPR 5,000 in valley, 2,500 outside
• Highly attractive interest rate
• Free debit card issuance and renewal
• Free internet, SMS and mobile banking
• Cheque book and statement on demand
• Operated by guardian until child is adult

Low-balance savings account to encourage small savings by students.

• Minimum balance NPR 100
• Highly attractive interest rate
• Free cheque book
• Free internet and SMS banking
• Statement on demand
• Target: college students

Non-interest current account with unlimited transactions for businesses.

• Non-interest bearing
• Unlimited deposits and withdrawals
• Free cheque books
• Free monthly statement
• ATM card and any-branch banking
• Internet banking for single signatory

Term deposit account offered in several variants for fixed-tenure savings.

• Variants: Normal FD, Cumulative Deposit, Unfixed FD, Everest Pizza Deposit
• Online apply for fixed deposit available
• FD calculator tool provided
• Rates published in Rates & Fees section

Regular monthly installment savings scheme.

• Schemes: Sadichha Recurring Deposit, Sunaulo Bhawishya Yojana

Financing for residential construction, purchase, renovation or land.

• Need-based amount, no fixed ceiling
• Tenure up to 35 years or age 65
• Total margin including land at least 25%
• Covers construction, purchase, repair, renovation, land
• EMI capped at 70% of disposable income
• Applicant under 60 years

Loan to buy cars, vans, jeeps and utility vehicles for personal use.

• Financing up to 60% loan-to-value
• Minimum 40% down payment
• Tenure up to 7 years
• Amount up to 30x net monthly income
• Income at least double the installment
• Vehicle registered with the bank as security

Need-based financing for higher studies in Nepal or abroad.

• Need-based, disbursed year-wise
• Covers tuition, books, exam fees, lodging
• Eligibility: Nepali citizen aged 16-30 (40 for PG)
• Minimum 50% marks in previous qualification
• Repayment up to 10 years
• Repayment starts 1 year after course completion
• 100% collateral or FD, 0% margin on tuition

Working-capital and term financing for small and medium businesses.

• Loan up to NPR 1,000 lakh
• Working capital and capital expenditure
• Working capital revolving 1 year
• Term loan tenure up to 10 years
• Collateral: stock/debtor hypothecation or fixed assets
• Includes overdraft, LC and bank guarantees

Chip-and-PIN Visa credit card valid in Nepal and India.

• Credit limit NPR 50,000 to 5 lakh
• Valid in Nepal and India
• Interest-free period 15-45 days
• Monthly interest rate 2%
• Daily ATM withdrawal up to NPR 50,000
• Eligibility: Nepali citizen 21+, income NPR 25,000
• Annual fee NPR 750

Debit cards for ATM and POS use in Nepal and India.

• Visa and SCT-UPI co-brand options
• Usable at ATM and POS in Nepal and India
• Daily ATM limit NPR 50,000
• POS limit up to NPR 200,000
• Free at EBL ATMs
• Issuance NPR 1,500 or NPR 400 yearly

Reloadable USD Visa card for travel outside Nepal and India.

• US Dollar currency
• Usable worldwide except Nepal and India
• Monthly load up to USD 5,000
• Daily ATM withdrawal up to USD 1,000
• Validity 4 years
• Visa network

App-based mobile banking with 24-hour account access.

• View all accounts in one screen
• Own, third-party and interbank transfers
• Utility, insurance and school fee payments
• Mobile top-up for NTC, Ncell, SmartCell
• QR code payments
• Biometric login and instant alerts
• Available on Android, iOS and AppGallery

Online banking platform for retail and NRN customers via netebl.com.

• Self and third-party fund transfers within EBL
• Interbank transfer via IPS 24/7
• Utility payments via eSewa and Khalti
• Account statement and transaction history
• Set own transaction limits and login time
• Future-dated transactions and beneficiary management

Scan-to-pay service letting customers pay merchants from their account.

• Scan merchant QR, enter amount, confirm with PIN
• Reaches 50+ banks and 16M+ users
• Instant credit to merchant account
• In-store, online and P2P transfers
• Merchant current account minimum balance NPR 0

Service to receive money sent to Nepal from abroad via partner exchange houses.

• Partners across UAE, Qatar, Bahrain, Kuwait, Malaysia
• Global tie-ups: Western Union, MoneyGram, Xoom, Transfast
• Account credit to recipient
• Cash pickup at partner locations
• Payout across nationwide branch network

Transfer of foreign currency from Nepal to India and worldwide.

• Demand drafts on PNB branches for India
• Speed remittance and RTGS to India
• USD drafts via Standard Chartered New York
• EUR drafts via Standard Chartered Frankfurt
• Purposes: business, education, miscellaneous
• Subject to central bank guidelines