Shangri-la Development Bank

A savings account for customers sensitive to minimum balance, openable with zero balance.

• Minimum balance NPR 0
• Interest up to 2.75% p.a., posted quarterly
• Eligibility: individual aged 18+
• Unlimited withdrawal/deposit
• Free cheque book issuance
• Free ABBS, ATM/mobile/internet banking

Account for employees whose salary is routed through the bank by their employer.

• Minimum balance NPR 500
• Interest up to 2.75% p.a., posted quarterly
• Eligibility: employees aged 18-65 of firms with current account
• Salary must be routed through the bank
• Free cheque book issuance
• Free ATM/mobile/internet banking for 1st year

High-interest savings account targeting the general public aged 18 and above.

• Minimum balance NPR 5,000
• Interest up to 2.75% p.a., posted quarterly
• Eligibility: individual aged 18+
• Free withdrawals at bank's own ATMs
• 2 free withdrawals/month at other ATMs
• Free e-banking package 1st year (Visa, M/E-banking, SMS)

Savings product for women aged 18+ including housewives, students and entrepreneurs.

• Minimum balance NPR 100
• Interest up to 2.75% p.a., posted quarterly
• Eligibility: women aged 18+
• Unlimited withdrawal/deposit
• Free cheque book issuance
• Free ABBS and ATM/M-banking/internet banking

Women's savings account for all age groups with monthly interest.

• Minimum balance NPR 100
• Interest up to 2.75% p.a., posted monthly
• Eligibility: women aged 18+
• Unlimited withdrawal
• 50% discount on annual locker fee 1st year

Interest-bearing savings account for retired and senior citizens aged 50 and above.

• Minimum balance NPR 500
• Interest up to 2.75% p.a., posted monthly
• Eligibility: senior citizens aged 50+
• Unlimited withdrawal

Savings account for parents to open on behalf of minor children under 18.

• Minimum balance NPR 100
• Interest up to 2.75% p.a., posted quarterly
• Eligibility: minors below 18 years
• Unlimited withdrawal/deposit
• Free cheque book and on-demand statement

Savings deposit account designed for students with modern banking facilities.

• Minimum balance NPR 0
• Interest up to 2.75% p.a., posted quarterly
• Eligibility: students
• Unlimited withdrawal/deposit

Interest-bearing account for Nepalese in foreign employment and remittance-receiving families.

• Minimum balance NPR 100
• Interest up to 4.00% p.a.
• Eligibility: individual aged 18+
• For foreign-employment workers and their families
• Receives remittance through various channels

Savings account for individuals above 18 with free first-year mobile banking.

• Minimum balance NPR 500
• Interest up to 2.75% p.a.
• Eligibility: individual above 18 years
• Free M-banking and SMS alert 1st year
• Unlimited withdrawal
• Free ABBS

Savings product for all age groups attracted to low minimum-balance accounts.

• Minimum balance NPR 1,000
• Interest up to 2.75% p.a., posted quarterly
• Eligibility: all age groups
• Unlimited withdrawal/deposit

High-interest savings product for all age groups with additional benefits.

• Minimum balance NPR 5,000
• Interest up to 2.75% p.a.
• Eligibility: all age groups
• No age bar
• Higher interest with additional account benefits

Savings account with quarterly interest posting.

• Minimum balance NPR 500
• Interest up to 2.75% p.a., posted quarterly
• Eligibility: individual aged 18+
• Unlimited withdrawal

Term deposit for customers with regular income to deposit fixed amounts periodically.

• Minimum balance NPR 100
• Interest up to 2.75% p.a., posted quarterly
• Fixed amount deposited daily/weekly/monthly
• Unlimited withdrawal/deposit
• Eligibility: individual aged 18+

Term deposit with negotiable rates for durations from 3 months to longer terms.

• 3 months to 1 year: 2.75%
• Above 1-2 years: 2.90%; 2-3 years: 3.00%
• Above 3-4 years: 3.15%; 4-5 years: 3.25%
• Above 5 years: 4.66%
• Remittance FD: +1% additional
• Auto-renewal at maturity; rates effective 2083 Ashad 1
• Eligible: Nepali individuals, firms/companies (not BFIs)

Loan to finance land, building, apartment, renovation or construction for residential use.

• Loan NPR 500,000 to NPR 15,000,000
• Tenure up to 25 years
• Repaid via EMI or EQI
• Collateral: land or land & building
• Eligibility: employed/self-employed with stable income

Loan to purchase private/family vehicles with flexible terms.

• Loan NPR 400,000 to NPR 20,000,000
• Tenure up to 10 years
• Eligibility: employed professionals, firms/companies
• Collateral and income documents required

Loan to purchase commercial vehicles or heavy equipment for commercial use.

• Loan NPR 500,000 to NPR 100,000,000
• Tenure up to 5 years
• Repaid via EMI or EQI
• Eligibility: employed professionals, firms/companies
• For commercial vehicles and heavy equipment

Loan financing higher study in Nepal or abroad for the client's child.

• Tenure up to 5 years
• Up to 70% of collateral distress value
• Collateral required, valued by bank's valuator
• Applicant aged 21-60 years
• Decision within 48 hours of complete documents

Loan to finance travel abroad for foreign employment, against fixed-asset collateral.

• Tenure up to 2 years (max 15 years per page)
• Up to 70% of collateral distress value
• Fixed-asset collateral required
• Applicant aged 21-60 years
• Decision within 48 hours; valid visa required

Personal loan against the security/lien of gold.

• Up to 80% of gold market value
• Tenure 1 year
• Applicant aged 21-60 years
• Decision within 2 hours of complete documents
• Requires original purchase bill of gold

Loan against ordinary shares of NEPSE-listed companies on the bank's approved list.

• Tenure up to 1 year
• Against shares of NEPSE-listed approved companies
• Eligibility: individuals, firms, companies
• Loan application and income documents required

Non-revolving term loan repaid in installments of principal and interest.

• Up to NPR 5,000,000 under Personal Overdraft Loan
• Tenure 1 to 15 years
• Repaid in installments (principal + interest)
• Eligibility: employed/self-employed with stable income
• Limits subject to collateral sufficiency

Government-subsidized concessional loan product.

• Tenure up to 5 years
• Concessional/subsidized loan facility

Microfinance loan to uplift underprivileged groups, available even without collateral.

• Tenure up to 5 years
• Available even without collateral
• For starting small businesses
• Also finances low-cost housing

Visa-network ATM debit card offering 24/7 card banking access.

• 24/7 service over Visa network
• Accepted at 30 bank ATMs
• Issuance fee NPR 1,000 (one-time) or NPR 300 yearly
• Free cash withdrawal at own ATMs
• NPR 15 withdrawal at other Visa ATMs
• Card replacement NPR 300

Mobile and web banking app (Shangri-la BankXP) for Android and iOS.

• Available on Android and iOS
• Both mobile and web-based application
• PIN-secured with confidential credentials
• OTP-based security alerts

Cardless cash withdrawal from Shangri-la ATMs via the mobile banking app.

• Withdraw cash without physical Visa card
• For mobile banking users
• At Shangri-la ATM machines

QR-code based payments and fund transfers through the mobile banking app.

• Make payments and receive funds via QR scan
• Contactless payment experience
• Reduces need to carry cash or cards
• Operated through mobile banking app

Internet banking portal for account access and transactions.

• Online account access via bankxp portal
• Part of complete e-banking package
• Includes SMS alert service

Domestic and international money transfer through a network of 30+ outlets and partners.

• Network of more than 30 outlets
• Receive money worldwide via remittance partners
• Fast and reliable money transfer

Bank cheque drawn on its own or correspondent branches to pay a named person.

• Issued against payment or account balance
• Drawn on correspondent banks nationwide
• For remittance purposes

Cheque drawn by the bank on itself for transferring money within the nation.

• Drawn by bank on itself on request
• Beneficiary can collect, clear or deposit it
• Transfers money between cities

Real-time access to an account from any branch of the bank.

• All branches inter-connected in real time
• Deposit, withdraw and enquire from any branch
• Account accessible across all branches

Safe-deposit locker facility in varying sizes accessible during banking hours.

• Small and larger locker sizes available
• Private and discreet access area
• Accessible during banking hours

Service for collecting school/institution fees.

Centralized Application Supported by Blocked Amount for share/IPO applications.