Karnali Development Bank
Surkhet Road, Nepalgunj, Banke, Nepal ·
Karnali Development Bank Limited (KDBL) is a Class-B national-level development bank, the first development bank established in the Mid & Far Western Region of Nepal, headquartered in Nepalgunj, Banke.
Rates at a glance
Deposit rates
| Product | Type | Tenor | Depositor | Rate p.a. |
|---|---|---|---|---|
| Fixed Deposit | Fixed | 1yr+ | individual | 8.50% |
| Fixed Deposit | Fixed | 6mo–9mo | individual | 8.00% |
| Fixed Deposit | Fixed | 1yr+ | institutional | 7.50% |
| Fixed Deposit | Fixed | 6mo–9mo | institutional | 7.00% |
| Normal Savings | Normal Savings | — | individual | 1.00% |
| Remittance Savings | Remittance | — | individual | 1.00% |
Loan rates
| Product | Effective rate | Base | Premium |
|---|---|---|---|
| Housing Loan | — | 9.31% | — |
| Hire Purchase / Auto Loan | 11.31%–14.31% | 9.31% | +2.00%–5.00% |
| Personal Loan | — | 9.31% | — |
| Education Loan | — | 9.31% | — |
| Trading Loan | — | 9.31% | — |
| Working Capital Loan | 11.31%–14.31% | 9.31% | +2.00%–5.00% |
| Term Loan / Industrial Loan | 11.31%–14.31% | 9.31% | +2.00%–5.00% |
| Personal / Business Overdraft | 11.31%–14.31% | 9.31% | +2.00%–5.00% |
| Gold / Silver Loan | 11.31%–14.31% | 9.31% | +2.00%–5.00% |
| Real Estate Loan | — | 9.31% | — |
| Foreign Employment Loan | — | 9.31% | — |
| Agriculture Loan | — | 9.31% | — |
| Deprived Sector Loan | — | 9.31% | — |
| Loan Against FD / NRB Bond | 11.31%–11.31% | 9.31% | +2.00%–2.00% |
| Hire Purchase | — | 9.31% | — |
| Term Loan | — | 9.31% | — |
| Working Capital | — | 9.31% | — |
| Industrial Loan | — | 9.31% | — |
| Personal Overdraft | — | 9.31% | — |
| Business Overdraft | — | 9.31% | — |
| Gold/Silver Loan | — | 9.31% | — |
| Loan Against FD/NRB Bond | — | 9.31% | — |
About Karnali
Karnali Development Bank Ltd was established on Falgun 6, 2060 BS under the Bank Act 2052 BS as the first development bank in the Mid & Far Western Region of Nepal, with the objective of extending banking services to rural and urban developing sectors. Its central office is in Nepalgunj and it operates through 19 branch offices (including the central office) across the Lumbini and Karnali regions, along with 5 ATMs and mobile banking. The bank provides modern banking services including online banking, ABBS, remittance, ECC, IPS, ConnectIPS, RTGS and QR services. Customer satisfaction is stated as its primary objective.
Source: kdblnepal.com
Contact
- Head office
- Surkhet Road, Nepalgunj, Banke, Nepal
- Phone
- 081-415040, 081-415074
- [email protected]
- Website
- https://kdblnepal.com
Products & Services
Deposits
14General Saving
Savings account for all adult citizens to save income.
- Eligibility: adult citizens
- Minimum balance NPR 500
- Free cheque book
- Free ATM card
- Statement on demand
- ABBS and mobile banking
Current Account
Account for institutional/business use only.
- For institutions and firms only
- Minimum balance NPR 5,000
- Free cheque book
- Statement on demand
- ABBS access
Child / Women Saving
Savings account targeted at children and women.
- Eligibility: children and women
- Minimum balance NPR 500
- Free cheque book
- ATM card
- Statement on demand
- ABBS and mobile banking
Senior Citizens Saving
Savings account for elderly citizens with a better interest rate.
- Eligibility: senior citizens
- Better interest rate
- Minimum balance NPR 500
- Free cheque book
- ATM card and mobile banking
- Statement on demand
Student Saving
Savings account designed for students.
- Minimum balance NPR 500
- Free cheque book
- ATM card
- Statement on demand
- ABBS and mobile banking
Karnali Naulo Bachat
Savings account offering a higher interest rate.
- Higher interest rate
- Minimum balance NPR 500
- Free cheque book
- ATM card
- Statement on demand
- ABBS and mobile banking
Karnali Sajilo Bachat
Easy-to-maintain savings account.
- Minimum balance NPR 500
- Free cheque book
- ATM card
- Statement on demand
- ABBS and mobile banking
Under Privileged Saving
Savings account for underprivileged customers.
- Minimum balance NPR 500
- Free cheque book
- ATM card
- Statement on demand
- ABBS and mobile banking
Karnali Sambridhi Deposit
Savings account for children and women to build savings habits.
- Eligibility: children and women
- Minimum balance NPR 2,000
- Free cheque book
- ATM card
- Statement on demand
- ABBS and mobile banking
Karnali Remit Saving
Savings account to secure earnings from foreign employment.
- For remittance recipients from abroad
- Free cheque book
- ConnectIPS access
- ATM card
- Statement on demand
- ABBS and mobile banking
Karnali Remit Fixed and Saving Deposit
Fixed/saving deposit for customers earning from foreign employment.
- Target: foreign-employment income earners
- Additional 1% interest vs regular deposits
- Combined fixed and saving deposit
- Aligned with NRB guidelines
Karnali Akshyakosh Fixed & Saving Deposit
Endowment deposit opened in memory of a senior citizen or family member for social responsibility.
- Endowment (Akshyakosh) saving and fixed options
- Opened in memory of a family member
- Open to existing and new customers
Loans
12Housing Loan
Loan to purchase or build a residential house.
- Purpose: purchase or build a house
- Up to 50% of valuation
- Tenure up to 15 years
- Interest: Base Rate + 2-5% premium
- Service charge up to 1%
- Monthly or quarterly installments
Education Loan
Loan for your or your children's higher education.
- Purpose: higher education
- Up to 50% of valuation
- Tenure 1 to 5 years
- Interest: Base Rate + 2-5% premium
- Service charge up to 1%
- Monthly or quarterly installments
Personal Loan
Loan for personal needs like debt consolidation, durables, education or medical.
- Purpose: personal consumption needs
- Up to 50% of valuation
- Tenure 1 to 5 years
- Interest: Base Rate + 2-5% premium
- Service charge up to 1%
- Monthly or quarterly installments
Agriculture Loan
Loan for equipment, livestock and crop production.
- Purpose: equipment, livestock, crops
- Up to 50% of valuation
- Tenure 1 to 5 years
- Interest: Base Rate + 2-5% premium
- Service charge up to 1%
- Monthly or quarterly installments
Foreign Employment Loan
Loan to fund visa, processing and travel costs for overseas employment.
- Purpose: visa, processing, travel costs
- Up to 50% of valuation
- Tenure 1 to 5 years
- Interest: Base Rate + 2-5% premium
- Service charge up to 1%
- Monthly or quarterly installments
Gold/Silver Loan
Short-term loan against gold or silver collateral.
- Short-term loan supplement
- Secured by gold/silver
- Interest: Base Rate + 2-5% premium
- Service charge up to 1%
- Monthly or quarterly installments
Hire Purchase Loan
Installment financing for vehicles or goods, with bank as owner until repaid.
- Purpose: vehicle/goods purchase
- Up to 50% of valuation
- Tenure 1 to 5 years
- Bank owns vehicle until fully repaid
- Interest: Base Rate + 2-5% premium
- Service charge up to 1%
Industrial Loan
Loan for corporations, factories and industries.
- Purpose: industry/enterprise development
- Up to 50% of valuation
- Tenure 1 to 5 years
- Interest: Base Rate + 2-5% premium
- Service charge up to 1%
- Monthly or quarterly installments
Deprived Loan
Loan designed for small borrowers and the deprived sector.
- For small/deprived-sector borrowers
- Up to 50% of valuation
- Tenure 1 to 5 years
- Interest: Base Rate + 2-4% premium
- Service charge up to 1%
- Monthly or quarterly installments
Business Overdraft
Overdraft providing extra business funds when needed.
- Up to 50% of valuation
- 1-year tenure
- Interest only on funds used
- Interest: Base Rate + 2-5% premium
- Service charge up to 1%
- Monthly interest payment
Digital & e-services
4ATM Debit/Credit Card
ATM card service available 24 hours for cash and transactions.
- Service available 24 hours
- Own ATMs at 5 locations
- Locations: Nepalgunj, Tulsipur, Ghorahi, Lamahi, Gulariya
Mobile Banking
Mobile banking app for alerts, balance enquiry and bill payments.
- Transaction alerts
- Balance inquiry and statement
- Mobile/telecom recharge (NTC, Ncell, Smart, UTL)
- Internet/ADSL and Dish Home bill payments
- Online shopping and offsite payments
ECC & IPS Service
Electronic Cheque Clearing and Interbank Payment System services.
- ECC service running 5+ years
- IPS service started Chaitra 2077
Remittance
1Remittance Service
Fast, secure domestic and international money transfer service.
- Partners: IME, Prabhu, Western Union, Kumari
- Partners: City Express, Himal, Everest, NIC Asia, eSewa
- Funds received within minutes
- No bank account required for senders
- Domestic transfers at competitive rates
- Remittance to fixed deposit integration
Digital & e-services
Deposit and loan rates effective Asar 2083, aggregated from the bank's published disclosures; card figures are indicative. Confirm with the bank before applying.