Shangri-la Development Bank
Baluwatar-4, Kathmandu, Nepal ·
Shangri-la Development Bank is one of Nepal's largest national-level (Class-B) development banks, headquartered in Baluwatar, Kathmandu, serving customers through 109 branches and 30 ATMs across the country.
Rates at a glance
Deposit rates
| Product | Type | Tenor | Depositor | Rate p.a. |
|---|---|---|---|---|
| Fixed Deposit | Fixed | 5yr+ | individual | 4.66% |
| Remittance Savings | Remittance | — | individual | 4.00% |
| Fixed Deposit | Fixed | 4yr–5yr | individual | 3.25% |
| Fixed Deposit | Fixed | 3yr–4yr | individual | 3.15% |
| Fixed Deposit | Fixed | 2yr–3yr | individual | 3.00% |
| Fixed Deposit | Fixed | 1yr–2yr | individual | 2.90% |
| Fixed Deposit | Fixed | 3mo–1yr | individual | 2.75% |
| Fixed Deposit | Fixed | 6mo+ | institutional | 2.75% |
| Normal Savings | Normal Savings | — | individual | 2.75% |
Loan rates
| Product | Effective rate | Base | Premium |
|---|---|---|---|
| Shangri-la Home Loan | — | 5.64% | — |
| Shangri-la Auto Loan | — | 5.64% | — |
| Shangri-la Vehicle Loan | — | 5.64% | — |
| Shangri-la Hire Purchase Loan | — | 5.64% | — |
| Shangri-la Education Loan | — | 5.64% | — |
| Shangri-la Gold Loan | — | 5.64% | — |
| Shangri-la Personal Overdraft | — | 5.64% | — |
| Shangri-la Personal Term Loan | — | 5.64% | — |
| Shangri-la Personal Demand Loan | — | 5.64% | — |
| Shangri-la Term Loan | — | 5.64% | — |
| Shangri-la Share/Security Loan | — | 5.64% | — |
| Shangri-la Deprived Sector/ MicroFinance Loan | — | 5.64% | — |
| Shangri-la Subsidized Loan | — | 5.64% | — |
| Shangri-la Foreign Employment Loan | — | 5.64% | — |
| Fixed Rate Personal Term Loan (up to 7 years) | 10.99% (fixed) | 5.64% | — |
| Home Loan | — | 5.64% | — |
| Vehicle / Auto Loan | — | 5.64% | — |
| Education Loan | — | 5.64% | — |
| Gold/Silver Loan | — | 5.64% | — |
| Personal/Business Overdraft | — | 5.64% | — |
| Personal Fixed-Rate Term Loan (up to 7 years) | 10.99% (fixed) | 5.64% | — |
| SME / Commercial Term Loan | — | 5.64% | — |
| Business / Working Capital Loan | — | 5.64% | — |
| Agriculture Loan | — | 5.64% | — |
| Deprived Sector Lending (microfinance, seasonal, housing) | — | 5.64% | — |
About Shangri-la
Shangri-la Development Bank Limited is a national-level development bank licensed by Nepal Rastra Bank, established in 2061 BS (2004 AD) and trading on the Nepal Stock Exchange under the symbol SADBL. It grew through mergers (including with Bageshwari Development Bank) into one of Nepal's larger development banks, operating a network of around 112 branches and 30 ATMs across the country. The bank provides personal and business banking, savings and fixed deposits, home/auto/education/gold and SME loans, card services, mobile and online banking, and remittance services. Its head office is located at Baluwatar-4, Kathmandu.
Source: www.shangrilabank.com
Contact
- Head office
- Baluwatar-4, Kathmandu, Nepal
- Phone
- 01-4421861/62/63, 4422864
- [email protected]
- Website
- https://shangrilabank.com
Products & Services
Deposits
15Shangri-la Normal Saving Account
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
Shangri-la Salary Saving Account
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
Mero Shangri-la Bachat Khata
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)
Shangri-la Pewa Bachat Khata
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
Shangri-la Naari Bachat Khata
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
Shangri-la Jestha Nagarik Bachat Khata
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
Bal Bhabishya Bachat
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
Shangri-la Bidhharthi Bachat Khata
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
Shangri-la Sunaulo Remittance Khata
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
Shangri-la Green Saving Account
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
Shangri-la Super Premium Bachat
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
Shangri-la Naulo Bachat Khata
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
Shangri-la Gurkha Saving Account
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
Recurring Account
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+
Shangri-la Fixed Deposits
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)
Loans
10Shangri-la Home Loan
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
Shangri-la Auto Loan
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
Shangri-la Hire Purchase Loan
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
Shangri-la Education Loan
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
Shangri-la Foreign Employment Loan
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
Shangri-la Gold Loan
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
Shangri-la Share/Security Loan
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
Shangri-la Personal Term Loan
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
Shangri-la Subsidized Loan
Government-subsidized concessional loan product.
- Tenure up to 5 years
- Concessional/subsidized loan facility
Shangri-la Deprived Sector / Microfinance Loan
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
Cards
1Shangri-la VISA Debit Card
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
Digital & e-services
4Shangri-la Smart (Mobile Banking)
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
Card Less Transaction
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 Banking
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
eBanking (Internet Banking)
Internet banking portal for account access and transactions.
- Online account access via bankxp portal
- Part of complete e-banking package
- Includes SMS alert service
Remittance
4Remittance Services
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
Demand Draft (DD)
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
Manager's Cheque
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
Anywhere Branching Service (ABBS)
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
Other
3Locker
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
Fee Collection (School Fee Collection)
Service for collecting school/institution fees.
C-ASBA
Centralized Application Supported by Blocked Amount for share/IPO applications.
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.