Excel Development Bank

Premium savings account aimed at high-value customers seeking higher returns.

• Minimum balance NPR 25,000
• Interest paid quarterly (Ashwin, Poush, Chaitra, Ashad)
• Free Smart Banking & VISA card (first year)
• Free cheque book and ABBS
• Free ATM use at any BFI nationwide
• Up to 0.25% discount on new credit charges
• Eligibility: Nepalese citizens

General-purpose savings account with added advantages and low entry requirements.

• Minimum balance NPR 100
• No minimum balance required at opening
• Free account opening
• Complimentary debit card
• Free Smart Banking, cheque book and ABBS
• Can be opened singly, jointly or for a minor
• Eligibility: Nepalese citizens

Savings account for senior citizens offering higher returns at a low balance.

• Eligibility: senior citizens aged 50+
• Minimum balance NPR 100
• Interest paid quarterly
• Higher return at lower minimum balance
• Free cheque book on request
• ATM debit card and mobile banking available
• Dedicated senior-citizen counter at main branch

Special high-return savings scheme for retirees, seniors and salaried individuals.

• Minimum balance NPR 1,000
• Interest paid quarterly
• 50% discount on locker facility (first year)
• 50% discount on debit card (first year)
• Open to individuals, minors and non-profit institutions
• Eligibility: Nepalese citizens

Savings account designed for women.

Savings deposit account from Excel Development Bank.

Security-focused savings deposit account.

Savings account for salaried employees.

Children's savings account.

Savings account for students.

Term deposit across multiple tenures with higher fixed returns.

• Tenures from 3 months to 5 years
• Interest up to 4.81% p.a.
• Excel Remit FD interest up to 5.81% p.a.
• Online fixed deposit opening available

Recurring deposit scheme with fixed periodic contributions.

Non-interest current and call deposit accounts for businesses and corporates.

Term loan and overdraft for legitimate general purposes for individuals.

• Loan up to NPR 50 lakh
• Up to 50% of real-estate fair market value
• Available as term loan or overdraft
• Eligibility: Nepalese citizens with regular income

Financing for graduate, postgraduate and higher studies in Nepal or abroad.

• Up to NPR 3 million for Nepal/SAARC
• Up to NPR 5 million for other countries
• Applicant age 18-40 years
• Must have passed +2 level

Financing to purchase four-wheeler vehicles for private use.

• Financing 50-70% of purchase price
• Eligibility: Nepalese individuals/entities with regular income

Financing for vehicles used in commercial business operations.

• Up to 70% of purchase price for institutional vehicles
• Eligibility: Nepalese citizens/entities with regular income

Loans supporting environmentally positive and sustainable projects.

• Electric vehicles up to 60% of purchase price
• Focus: renewable energy, waste and emissions reduction

Financing for residential land, construction, renovation and refinancing.

• For land purchase, construction and renovation
• Reimbursement and bank-swap options

Financing to start or grow registered small and large enterprises.

• For retailers, wholesalers, dealers, industries, service sector
• Requires formal government registration

Financing for livestock, fish, plantation and cow farming activities.

• Covers working capital and capital expenditure
• Finances tools and tractors

Loan against pledge of gold or silver for urgent financial needs.

• Secured by gold/silver pledge
• Available at Chandragadhi, Mahanandachowk, Dharan, Itahari branches

Loan against NEPSE-listed shares, subject to NRB margin-lending directive.

• Collateral: NEPSE-listed shares only
• Subject to NRB margin-lending directive

VISA-branded debit card linked to the primary account for ATM and POS use.

• VISA Domestic Instant Debit Card
• Usable in Nepal, India and Bhutan
• EMV chip and contactless technology
• Works at ATMs and POS terminals
• Fees per bank's Standard Tariff Charges
• For personal account holders and sole proprietors

Official omni-channel mobile and web banking app for everyday transactions.

• Interbank and intrabank fund transfers
• Bill payments: electricity, water, internet, flights, govt revenue
• Mobile top-up and data packs
• Digital wallet load
• View account statements
• Available on iOS and Android

NepalPay and Fonepay QR payments to merchants via the mobile app.

• Scan merchant QR to pay
• Confirm with amount and transaction PIN
• Instant, secure, interoperable payments
• Works across multiple QR networks

NCHL-based platform for fund transfers, bill and revenue payments from the account.

• Linked account fund transfers and wallet loading
• Government revenue and utility bill payments
• Access via mobile app or connectIPS web portal
• Requires branch verification with ID documents

Digital KYC and online account opening service for regulatory compliance.

• Online identity and document verification
• Captures income source, occupation and account purpose
• Register up to five family members
• PEP and beneficial-ownership declarations
• Available across all branches

Remittance account for Nepalese working/living abroad and their families.

• Interest 3.50% p.a.
• Eligibility: Nepalese abroad and their spouse/family

Inbound money-transfer payout service through partner remittance providers.

Bank guarantee facility offered via the bank's online portal.

Applications Supported by Blocked Amount facility for share/IPO applications.

Dematerialised securities account service for shareholders.

Safe deposit locker service for customers.