CASBA Charges of Nepali Banks
CASBA is the centralized application supported by block amount (CASBA). This is the system by which investors can buy the primary and right shares. CASBA system was introduced on 23rd Feb 2018. ( 2074 Falgun,11 ). Here we are going to give the information about the CASBA charges of Commercial Banks and other financial institutions.
While we are applying for IPO, ASBA service provider banks charge a certain amount of money from the bank account. But now the Security Board of Nepal (SEBON) has made the law about charging the maximum limit of asba charge. After this law, the service provider has to charge only NPR 5 maximum for the IPO application. There are some banks who had given free asba service to its customer. We have included all the details of the asba charge rates of all banks in Nepal.
Asba charges of Nepali banks click here (source investopaper)
What is C-ASBA Charge ?
CASBA Charge is the certain type of charge which is paid by investors to the CASBA provider bank and financial institutions against the CASBA service. Some financial institutions do not charge the CASBA fee.
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Upcoming IPO in Nepal
| S.N. | Bank | ASBA / CASBA Charges Per Application |
|---|---|---|
| 1 | Kumari Bank Limited | Free |
| 2 | Nabil Bank Limited | Free |
| 3 | NIC Asia Bank Limited | Free |
| 4 | Rastriya Banijya Bank Limited | Free |
| 5 | Sanima Bank Limited | Free |
| 6 | Nepal Bank Limited | Free |
| 7 | Siddhartha Bank Limited | NPR 5.00 |
| 8 | Agriculture Development Bank | NPR 5.00 |
| 9 | Bank of Kathmandu Limited | NPR 5.00 |
| 10 | Civil Bank Limited | NPR 5.00 |
| 11 | Machhapuchchhre Bank Limited | NPR 5.00 |
| 12 | Nepal Credit and Commerce Bank Limited | NPR 5.00 |
| 13 | Prabhu Bank Limited | NPR 5.00 |
| 14 | Sunrise Bank Limited | NPR 5.00 |
| 15 | Global IME Bank Limited | NPR 5.00 |
| 16 | Citizen Bank International Limited | NPR 5.00 |
| 17 | Everest Bank Limited | NPR 5.00 |
| 18 | Himalayan Bank Limited | NPR 5.00 |
| 19 | NMB Bank Limited | NPR 5.00 |
| 20 | Nepal Investment Bank Limited | NPR 5.00 |
| 21 | Prime Commercial Bank Limited | NPR 5.00 |
| 22 | Century Commercial Bank | NPR 5.00 |
| 23 | Laxmi Bank Limited | NPR 5.00 |
| 24 | Nepal SBI Bank Limited | NPR 5.00 |
| 25 | Mega Bank Limited | NPR 5.00 |
| 26 | Standard Chartered Bank Nepal Limited | NPR 5.00 |
C-ASBA charge of Development Banks & Finances in Nepal
| Symbol | Bank Name | Charge (in rupees) |
|---|---|---|
| ICFC | ICFC Finance | Rs. 5 |
| MNBBL | Muktinath Bikas Bank | Rs. 5 |
| MLBL | Mahalaxmi Bikas Bank | Rs. 5 |
| GBBL | Garima Bikas Bank | Free |
There is a total of 4 commercial banks and 1 development bank limited giving free CASBA service to their customer. The Name of the banks giving free CASBA Services are as follows
- Mega Bank Limited
- Nabil Bank Limited
- Nepal Credit and commerce bank limited
- NIC Asia Bank Limited
- Rastrya Banijya Bank Limited
- Garima Bikas Bank Limited
Mero Share
meroshare is the online platform by which investors can apply the primary shares and right shares easily and quickly. The web version and the mobile application are also available. The meroshare system is developed by CDS and Clearing Nepal limited and promoted by Nepal stock exchange (Nepse)
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