If you are applying for Initial Public Offerings (IPO), you might have already know about certain fee that is deducted as the CASBA charge from your bank account. This ASBA or CASBA charge is not regulated, so varies according to the banks. It is not same in all the banks, only a few banks provide free CASBA charge, many charge Rs. 10 to Rs. 20 while some have CASBA charge up to Rs. 100 per application. In Nepal many people refer ASBA/CASBA charge as the IPO charge, since it is charged while applying for IPO.
Read How to Check IPO Result from Mero Share, IPO Result.
The following table outlines ASBA/CASBA charge of commercial banks for every application for in Nepal.
Bank Name | ASBA / CASBA Charge |
---|---|
Nabil Bank Limited | NRs. 0 (Free) |
NIC Asia Bank Limited | NRs. 0 (Free) |
Rastriya Banijya Bank Limited | NRs. 0 (Free) |
Agriculture Development Bank | NRs. 10 |
Bank of Kathmandu Limited | NRs. 10 |
Civil Bank Limited | NRs. 10 |
Machhapuchchhre Bank Limited | NRs. 10 |
Nepal Bank Limited | NRs. 10 |
Nepal Credit and Commerce Bank Limited | NRs. 10 |
Prabhu Bank Limited | NRs. 10 |
Prime Commercial Bank Limited | NRs. 10 |
Siddharth Bank Limited | NRs. 10 |
Sunrise Bank Limited | NRs. 10 |
Global IME Bank Limited | NRs. 15 |
Citizen Bank International Limited | NRs. 20 |
Everest Bank Limited | NRs. 20 |
Himalayan Bank Limited | NRs. 20 |
Kumari Bank Limited | NRs. 20 |
Nepal Investment Bank Limited | NRs. 20 |
NMB Bank Limited | NRs. 20 |
Sanima Bank Limited | NRs. 20 |
Century Commercial Bank | NRs. 25 |
Laxmi Bank Limited | NRs. 25 |
Mega Bank Limited | NRs. 25 |
Nepal SBI Bank Limited | NRs. 25 |
Standard Chartered Bank Nepal Limited | NRs. 100 |