C-ASBA charge free bank in Nepal 2078 (2021)

Here are the list of C-ASBA charge free bank in Nepal. You don’t have to pay  charge while applying ipo through meroshare from these banks. CASBA charges are different  according to banks internal rule and regulation. Many banks charge high CASBA charges whereas some BFIs provide free services to the clients. So, here you can get new data about the C-ASBA Charge of Nepali Banks. C-ASBA Charge is different for commercial banks, development banks, and finance companies.You can visit your respective Bank’s website for a standard C-ASBA charge.

C-ASBA Charge of  Bank in Nepal:

The rate of C-ASBA charge per application while applying ipo are as follows:

  • CASBA Charge of Agricultural Development Bank (ADBL) is Rs. 10
  • CASBA Charge of Bank of Kathmandu (BOKL) is  Rs. 10
  • CASBA Charge of Nepal Bangladesh Bank Limited (NBBL) is Rs. 10
  • CASBA Charge of Civil Bank (CBL) is  Rs. 10
  • CASBA Charge of Machhapuchhre Bank Limited (MBL) is  Rs. 10
  • CASBA Charge of Sunrise Bank Limited (SRBL) is Rs. 10
  • CASBA Charge of Prabhu Bank (PRVU) is Rs. 10
  • CASBA Charge of Nepal Investment Bank (NIBL) is  Rs. 20
  • CASBA Charge of Himalayan Bank (HBL) is  Rs. 20
  • CASBA Charge of NMB Bank (NMB) is Rs. 20
  • CASBA Charge of Citizen Bank International (CZBIL) is Rs. 20
  • CASBA Charge of Everest Bank (EBL) is  Rs. 20
  • CASBA Charge of Kumari Bank (KBL) is Rs. 20
  • CASBA Charge of Laxmi Bank (LBL) is Rs. 25
  • CASBA Charge of Nepal Bank (NBL) is Rs. 25/Year
  • CASBA Charge of Prime Commercial Bank (PCBL) is Rs. 25
  • CASBA Charge of Nepal SBI Bank (SBI) is  Rs. 25
  • CASBA Charge of Century Commercial Bank (CCBL) is Rs. 25
  • CASBA Charge of Standard Chartered Bank (SCB) is Rs. 100

Development Banks With Free C-ASBA Charge:

These are some bank where CASBA charge is free:

  • Global IME Bank (GBIME)
  • Mega Bank (MEGA)
  • Nabil Bank (NABIL)
  • Nepal Credit Commercial Bank (NCCB)
  • NIC Asia Bank (NICA)
  • Rastriya Banijya Bank (RBB)
  • Sanima Bank (SANIMA)
  • Siddhartha Bank (SBL)
  • Garima Bikas Bank (GBBL)
c-asba-charge-free-bank-in-nepal
C-ASBA charge in bank

C-ASBA Charge of Development Bank & Finance:

  • CASBA Charge of Muktinath Bikas Bank (MNBBL) is Rs. 10
  • CASBA Charge of Mahalaxmi Bikas Bank (MLBL) is Rs. 10
  • CASBA Charge of ICFC Finance (ICFC) is Rs. 25
  • CASBA Charge of Garima Bikas Bank (GBBL) is Free

What is ASBA?

The full form of ASBA is  Application Supported by Blocked Amount. In this service, Bank blocks money on the specified Bank account as per customers’ requirements. Such an amount will remain blocked on the customer account until the date of allotment of IPO/ FPO.
After allotment, the amount for the allotted quantity of securities gets deducted. And the rest of the amount gets released as usable balance. With the ASBA service, investors applying for publicly issued securities can directly invest from their own Bank account.

What is C-ASBA Charge? 

CDS and Clearing limited implemented an advanced form of ASBA system called C-ASBA. C-ASBA system came into implementation from Falgun 11, 2074. SEBON also started the ASBA process which helps individuals to apply for shares. People can buy IPO, FPO, Right Shares, Mutual Funds, Debenture online through the Mero Share service with the help of this system.
To use the C-ASBA service, one must obtain C-ASBA Registration Number. Otherwise, it wouldn’t be possible to apply for IPO from their own Bank account
C-ASBA is one type of centralized system which links all the BFI’s. It is providing ASBA related services to the customers. This system link investors’s data with the Beneficiary Owner’s ID (BOID).

What is C-ASBA Registration Number (CRN)?

CRN is one kinds of unique number which connects BOID (Demat Number) and the Bank Account of share Investors. After getting the BOID you can get CRN from respective bank . Now, Investers can apply for the publicly issues securities such as IPO, FPO, Right Shares, Mutual Funds,Debentures. Without CRN peoples cannot in sharemarket.

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