Corporate Development Bank
Adarshnagar, Main Road, Birgunj-13, Parsa, Madhesh Province, Nepal ·
Corporate Development Bank Limited (CORBL) is a Nepal Rastra Bank-licensed Class-B development bank based in Birgunj, serving the Madhesh Province with deposit and lending services.
Rates at a glance
Deposit rates
| Product | Type | Tenor | Depositor | Rate p.a. |
|---|---|---|---|---|
| Fixed Deposit | Fixed | 10mo–10mo | institutional | 8.05% |
| Fixed Deposit | Fixed | 6mo–2yr | institutional | 7.90% |
| Fixed Deposit | Fixed | 3mo–2yr | institutional | 7.80% |
| Fixed Deposit | Fixed | 5yr+ | institutional | 7.75% |
| Fixed Deposit | Fixed | 3yr+ | individual | 6.00% |
| Fixed Deposit | Fixed | 2yr–3yr | individual | 5.75% |
| Fixed Deposit | Fixed | 1yr–2yr | individual | 5.25% |
| Fixed Deposit | Fixed | 1yr–1yr | individual | 5.00% |
| Fixed Deposit | Fixed | 6mo–6mo | individual | 4.50% |
| Fixed Deposit | Fixed | 3mo–3mo | individual | 4.25% |
| Normal Savings | Normal Savings | — | individual | 3.10% |
Loan rates
| Product | Effective rate | Base | Premium |
|---|---|---|---|
| Term Loan | 9.00% (fixed) | 8.59% | — |
About Corporate
Corporate Development Bank Limited was incorporated in 2007 (2064 BS) and commenced commercial operations on 7 November 2007 from Birgunj, established by a group of bankers, professionals, industrialists, businessmen and retired civil servants. It is a "B" class development bank licensed by Nepal Rastra Bank, listed on NEPSE under the symbol CORBL with a paid-up capital of NPR 525 million. The bank operates a small branch network of six offices concentrated in Parsa, Sarlahi and Mahottari districts of Madhesh Province, focusing on deposit mobilization and lending to local businesses, education and industry.
Source: www.corporatebank.com.np
Contact
- Head office
- Adarshnagar, Main Road, Birgunj-13, Parsa, Madhesh Province, Nepal
- Phone
- 051-531031
- [email protected]
- Website
- https://corporatebank.com.np
Products & Services
Deposits
22Corporate Saving Deposit
A general savings account to encourage regular banking habits.
- Minimum balance NPR 1,000
- Interest calculated on daily balance
- Interest posted quarterly
Corporate Higher Saving Deposit
A savings account targeted at customers with larger balances.
- Minimum balance NPR 5,000
- Interest on daily balance
- Interest posted quarterly
Corporate Super Saving Deposit
A higher-return savings account for significant savers needing fund flexibility.
- Minimum balance NPR 100,000
- Higher interest rate
- Interest on daily balance
- Interest posted quarterly
Corporate Nari Bachat Deposit
A savings account for women and homemakers.
- Minimum balance NPR 1,000
- Interest on daily balance
- Interest posted quarterly
- Targeted at women customers
Corporate Bal Bachat Deposit
A children's savings account for babies and school students.
- Minimum balance NPR 1,000
- Interest on daily balance
- Interest posted quarterly
- For children and school students
Corporate Student Saving
A low-balance savings account for college students.
- Minimum balance NPR 500
- Interest on daily balance
- Interest posted quarterly
- For college students
Corporate Fast Track Deposit
A savings account for businesspeople with high cash turnover.
- Minimum balance NPR 10,000
- Interest on daily balance
- Interest posted quarterly
Corporate Patron Deposit
A long-term savings account offering liquidity flexibility.
- Minimum balance NPR 15,000
- Interest on daily balance
- Interest posted quarterly
Corporate Senior Saving Deposit
A savings account for senior citizens.
- Minimum balance NPR 1,000
- Interest on daily balance
- Interest posted monthly
- For senior citizens
Corporate Golden Saving Deposit
A higher-return savings account for larger balances.
- Minimum balance NPR 50,000
- Higher interest rate
- Interest on daily balance
- Interest posted quarterly
Corporate Social Security Account Deposit
A zero-balance account for recipients of government social security allowance.
- Zero minimum balance
- Interest on daily balance
- For government social security allowance recipients
Corporate Staff Saving Deposit
A zero-balance savings account for bank employees.
- Zero minimum balance
- Interest on daily balance
- Interest posted quarterly
- Bank employees only
Corporate Provident Fund
A provident fund deposit for bank staff.
- Minimum balance NPR 1,000
- Interest on daily balance
- Interest posted quarterly
- Bank staff only
Corporate General Fixed Deposit
A standard fixed deposit for long-term funds.
- Minimum deposit NPR 10,000
- Interest posted quarterly or monthly
- For long-term deposits
Corporate 3 Years Recurring Account
A recurring deposit requiring continuous deposits for 3 years.
- Minimum deposit NPR 1,000
- 3-year term of continuous deposits
- Interest accrues at maturity
Corporate 5 Years Recurring Account
A recurring deposit requiring continuous deposits for 5 years.
- Minimum deposit NPR 1,000
- 5-year term of continuous deposits
- Interest accrues at maturity
Corporate Above 5 Years Recurring Account
A recurring deposit for terms exceeding 5 years.
- Minimum deposit NPR 100,000
- Term exceeds 5 years
- Interest posted monthly or quarterly
Corporate Fifty Fixed
A fixed deposit allowing partial withdrawal of up to half the deposit by cheque.
- Minimum deposit NPR 100,000
- Minimum 1-year term
- Up to 50% of deposit withdrawable by cheque
- Interest posted quarterly
Corporate Super Fixed Deposit
A high-return long-term fixed deposit.
- Minimum deposit NPR 100,000
- Interest posted quarterly or monthly
Premium Fixed Deposit
A fixed deposit for larger amounts with medium-term tenures.
- Minimum deposit NPR 500,000
- Term 6 to 24 months
- Interest posted quarterly or monthly
Special Fixed Deposit
A 10-month high-rate fixed deposit for large deposits.
- Minimum deposit NPR 1,000,000
- 10-month term
- Individual rate 5.50% p.a.
- Institutional rate 4.25% p.a.
Fixed Deposit Rates (by tenure)
Published fixed-deposit interest rates by tenure, effective 1 Ashad 2083.
- 3-month: 4.25% individual
- 6-month: 4.50% individual / 3.25% institutional
- 1-year: 5.00% / 3.75%
- 1-2 year: 5.25% / 4.00%
- 2-3 year: 5.75% / 4.75%
- Above 3 year: 6.00% / 5.00%
Loans
11Business Loan
A loan for commencing, enhancing or upgrading a business.
- For business start-up, expansion and upgrade
Industrial Loan
A loan for establishing or enlarging industry and buying plant and machinery.
- For industry establishment and enlargement
- Finances plant and machinery purchase
Home/Land Loan
A loan for construction, renovation and purchase of personal or commercial land.
- For construction and renovation
- Purchase of personal or commercial land
Vehicle Loan
A loan for personal and commercial vehicles.
- Covers cars, buses, trucks and tractors
- Personal and commercial vehicles
Education Loan
A loan for higher studies in Nepal and overseas.
- For higher studies inland and overseas
Personal Overdraft
An overdraft facility for individuals to meet personal needs.
- Multiple deposits and withdrawals up to the limit
- For individual personal needs
Team Loan
A loan product announced as coming soon.
- Coming soon
Auto Loan
A loan product announced as coming soon.
- Coming soon
Deprived Sector Loan
A loan product announced as coming soon.
- Coming soon
Loan Against Fixed Deposit
A loan product announced as coming soon.
- Coming soon
Margin Loan
A loan product announced as coming soon.
- Coming soon
Digital & e-services
5Mobile Banking App
The bank's mobile banking application.
- Available on Android and iOS
SMS Banking
An SMS alert service for account and loan events.
- Transaction alerts
- Fixed deposit maturity notifications
- Loan installment due and expiry alerts
- Event announcements and greetings
Connect IPS E-Payment
An electronic payment platform for transfers and bill payments.
- Government payments
- Online fund transfer
- Credit card bill payments
- Mobile wallet top-up and broker payments
- Available via web and mobile app
NCHL-IPS
An interbank fund transfer system for credits and collections.
- Account-to-account direct credit
- Direct debit collection
- Standing instruction support
NCHL-ECC (Electronic Cheque Clearing)
An image-based MICR cheque clearing and settlement service.
- Image-based MICR cheque processing
- Regular and Express options
- Faster fund access and lower cost
Other
1Safe Deposit Locker
A safe locker facility to safeguard valuable belongings.
- Various locker sizes available
- Up to 50% discount on annual fee
- Dual key and lock system
- No separate deposit margin required
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.