Best Salary Account Rates for Date in Nepal

The Mahalaxmi Karmachari Bachat Khata is a specialized Savings Account designed for corporate institutions to manage employee salaries efficiently through Mahalaxmi Bikas Bank. This product ensures seamless payroll processing while offering exclusive banking benefits.

Product Features

• Minimum Balance: NPR 100/-
• Interest Payment: Quarterly
• VISA Debit Card: Free for the First Year
• Mobile Banking: 50% Discount on Registration
• Interest Rate: As per Bank’s Published Rate

Facilities

• Any Branch Banking Service (ABBS)
• Free Cheque Book
• VISA ATM Access
• Mobile Banking
• Free Bill Payment System for Nepal Telecom

Requirements

• PP-Sized Photo
• Copy of Citizenship Certificate

This payroll account provides employees with a structured savings platform and added banking benefits, ensuring seamless transactions and financial convenience.

The Staff Salary Account is designed for salaried employees working in any institution, serving as a secure and efficient banking channel for receiving monthly salaries.

Features/Benefits

• No Minimum Balance Required
• Free VISA Debit Card for the first year (annual renewal charges apply thereafter)
• Free Digital Banking Services (First Year):
  • NBL Smart Mobile Banking
  • Internet Banking
  • Demat Account Opening
  • C-ASBA & Mero Share Registration
• Accidental Insurance Coverage: Rs. 5 Lakhs

Documents Required

• Personal Identification: Passport/Citizenship
• Recent Passport-Size Photographs of the account holder
• Additional Identification Document (for KYC purposes):
  • Utility bill (electricity/telephone)
  • PAN card
  • Driving license
  • Voter identity card, etc.
• Nominee Declaration: Personal identification and passport-size photograph
• Employment Verification: Copy of valid employee identity card or recommendation letter from the concerned office

This salary account ensures convenient salary management while providing additional banking and financial benefits for employees.

The Karmachari Bachat Khata is a specialized Savings Account offered by Nepal Investment Mega Bank Limited (NIMB), designed for both government and private employees. This account aims to encourage regular saving habits while providing attractive interest rates and a range of exclusive banking services.

Features

• No Minimum Balance Requirement
• Free Cheque Book upon request
• Free Subscription to NIMB Smart Mobile Banking App
• VISA & MasterCard Debit Cards Available (VISA Debit Card is Free)
• Free DEMAT Facility for the first year
• Credit Card Facility Available (Free Credit Card)
• NIMB Smart Loan Facility up to NPR 5 Lakhs
• Easy Payroll Management for Organizations
• Safe Deposit Locker: 25% Discount on the annual rental fee for the first year
• Online Bill Payments & E-Commerce Transactions (Free Registration Fee)
• NIMB Virtual Dollar Prepaid Card: 50% Discount on Issuance Fee (Requires PAN Document)
• NIMB Travel Card: 50% Discount on Issuance Fee (Requires Passport, Visa & Travel Documents)
• NIMB Smart Portal:
  • View Account Balance & Statement from the date of account opening
  • Online Transactions & Fund Transfers within NIMB
  • Real-time Fund Transfers to other banks via Connect IPS
• Attractive Discounts at Partner Merchants
• Investment & Financial Services:
  • Apply for IPO, SIP, Portfolio Management Service (PMS)
  • Retail Loan Applications Available
  • Fixed Deposit Option

Documents Required

• Citizenship Certificate
• Two Recent Passport-Size Photos
• Valid Employee ID Card
• Official Letter from the Employer requesting the bank to open payroll accounts

Account Opening Procedures

Branch Visit

Customers can visit the nearest NIMB branch for account opening. For branch locations, visit: NIMB Branch Locations

Steps to Open an Account

1. Customer Service Assistance:
   • Fill out the Account Opening Form & KYC Form
   • Provide necessary personal details (Name, Mobile Number, Signature, etc.)
   • Select required banking services (Debit Card, Account Statement, etc.)
2. Terms & Conditions:
   • Read and sign the bank’s terms & conditions for account operation
3. Know Your Customer (KYC) Form:
   • Provide Permanent & Present Address, Identification Details, and Occupation
   • Declare any other bank accounts, political exposure (PEPs), or past convictions (if applicable)
   • Disclose current residential status

This savings account provides a secure and convenient banking solution for employees, ensuring seamless payroll processing, financial flexibility, and investment opportunities.

The Karmachari Bachat Khata is a savings scheme offered by Nepal SBI Bank (NSBL) exclusively for salaried employees. This account provides attractive benefits to encourage savings and enhance financial security.

Features & Benefits

• Discounts & Waivers:
  • 40% discount on safe deposit locker rental charges
  • 50% discount on remittance commission
• Banking Services:
  • Mobile & SMS Banking
  • Internet Banking Access
• Insurance Facility

Interest Rate

• As of February 13, 2025, the interest rate for Karmachari Bachat Khata is 3.22%.

Other Savings Schemes by Nepal SBI Bank

• NSBL Baal Bachat Khata
• Varistha Nagarik Bachat
• Nari Bachat Khata

About Nepal SBI Bank

Nepal SBI Bank (NSBL) is a leading commercial bank in Nepal, part of the State Bank of India (SBI) group. The bank provides various financial services, including:

• Mobile Banking
• Internet Banking
• Card Services

Bank Headquarters

• Location: Kamaladi, Kathmandu, Nepal.

The Karmachari Bachat Khata is an excellent choice for salaried employees looking for a secure, feature-rich savings account with exclusive discounts and benefits.

The Sarbashrestha Payroll Bachat Khata General is a corporate salary account designed for the employees of institutions, offering effective salary management and exclusive banking benefits.

Minimum Balance

• No Minimum Balance Required

Features

• Mobile Banking: Free for the first year
• Debit Card: Free for the first year
• Digital & Transaction Banking Services:
  • Free Debit Card for one year
  • Free Mobile Banking for one year
• Payments at Merchant Outlets:
  • Easy payments at over 1,000+ merchant outlets

Required Documents

• Passport-size Photo
• Original Citizenship, Voter ID, or Driving License

How to Open an Account?

• Visit the bank branch with the required documents and complete the account opening process.

This payroll account is perfect for institutions looking to efficiently manage employee salaries while providing them with additional digital banking services and convenient payment options.