How to Create a Bank Account Online in Nepal (Step-by-Step Guide)
This guide will walk you through the entire process, including requirements, step-by-step instructions, benefits, and common issues you may face while opening a bank account online in Nepal.
Why Open a Bank Account Online in Nepal?
Traditionally, opening a bank account in Nepal meant standing in long queues, filling out paper forms, and waiting for verification. With online banking, the process is much faster and more convenient. Here’s why online account opening is a great option:
✔️ Saves Time: No need to visit the bank physically.
✔️ 24/7 Accessibility: Apply anytime, from anywhere.
✔️ Paperless Process: Most documents can be submitted digitally.
✔️ Faster Approvals: Many banks process applications within a few hours to a few days.
Which Banks in Nepal Allow Online Account Opening?
As of 2025, many leading banks in Nepal offer online account opening. Some of the most popular ones include:
- Nabil Bank
- Global IME Bank
- NIC Asia Bank
- Prabhu Bank
- Kumari Bank
- Siddhartha Bank
- Machhapuchchhre Bank
- Sanima Bank
- Mega Bank
- Himalayan Bank
Each bank may have slightly different requirements, but the general process is similar across all banks.
Requirements for Opening a Bank Account Online in Nepal
Before you start your application, make sure you have the following:
1. Personal Documents
✅ Citizenship Certificate (For Nepalese citizens)
✅ Passport (for Foreigners)
✅ Driving License (Alternative to Citizenship in Some Cases)
2. Recent Passport-Size Photo
✅ Digital format (JPG, PNG, or PDF)
3. Signature Sample
✅ Take a clear photo of your handwritten signature on white paper.
4. PAN Card (Optional but Recommended)
✅ Needed if you plan to make transactions above Rs. 1,000,000.
5. Mobile Number & Email Address
✅ Must be active for verification codes and communication.
Step-by-Step Guide to Opening a Bank Account Online in Nepal
Here’s a simple process to follow:
Step 1: Visit the Bank’s Official Website
Go to the official website of the bank where you want to open an account. Most banks have a dedicated "Online Account Opening" section.
Example:
If you want to open an account with Nabil Bank, visit www.nabilbank.com.
Step 2: Select the Type of Account
Banks offer various account types, such as:
- Savings Account (for general users)
- Current Account (for businesses)
- Fixed Deposit Account (for higher interest rates)
Choose the one that best fits your needs.
Step 3: Fill Out the Online Application Form
You’ll need to enter:
- Full Name (as per Citizenship)
- Date of Birth
- Mobile Number & Email
- Address (Permanent & Temporary)
- Occupation & Income Source
Make sure all details match your official documents.
Step 4: Upload Required Documents
Most banks will ask you to upload scanned copies or clear photos of:
- Citizenship or Passport
- Passport-size photo
- Signature sample
- PAN Card (if required)
Step 5: Verify Your Mobile Number & Email
After submitting the form, you’ll receive an OTP (One-Time Password) on your phone and email. Enter the OTP to verify your details.
Step 6: Video KYC (Know Your Customer) Verification
Some banks require a short video call with a bank representative for identity verification. Be ready to show your original documents on the call.
Step 7: Initial Deposit (If Required)
Certain banks may ask for a small initial deposit. You can transfer this amount via:
- eSewa/Khalti/IME Pay
- Mobile Banking
- Cash Deposit at a Nearby Branch
Step 8: Account Activation & Receive Account Details
Once the bank verifies your details, they’ll send you:
✅ Account Number
✅ Mobile Banking Credentials
✅ ATM Card Request Option
Now, your bank account is active!
Common Issues & How to Solve Them
1. Application Rejected?
❌ Reason: Mismatched details in documents.
✅ Solution: Ensure your name, DOB, and address match exactly as in your Citizenship.
2. OTP Not Received?
❌ Reason: Network issues or wrong number.
✅ Solution: Check your phone number and request a new OTP.
3. Video KYC Failed?
❌ Reason: Poor lighting or unclear video.
✅ Solution: Use a well-lit room and stable internet.
4. No Response from the Bank?
❌ Reason: High application volume.
✅ Solution: Call or email the bank’s support team.
Frequently Asked Questions (FAQs)
1. Can I open a bank account online without visiting the bank?
Yes, but some banks may require a final visit for identity verification or ATM card collection.
2. How long does it take to open a bank account online?
Most banks process applications within 24 hours to 3 days.
3. Which bank is best for online account opening in Nepal?
- For fast processing: NIC Asia, Global IME
- For easy mobile banking: Nabil, Sanima
- For high interest rates: Prabhu Bank, Kumari Bank
4. Can I get an ATM card without visiting the bank?
Some banks deliver ATM cards to your home, while others require you to collect them from the nearest branch.
5. Is it safe to open a bank account online?
Yes, as long as you use the official website and verify your details correctly.
Final Thoughts: The Future of Online Banking in Nepal
With Nepal’s banking sector rapidly digitizing, online account opening is becoming the new norm. This process not only makes banking more accessible but also encourages more people to join the formal financial system.
If you're planning to open a bank account online, choose a reputed bank, double-check your details, and follow the steps outlined in this guide. Soon, managing your finances will be as easy as a few taps on your phone!
Would you like a comparison of different banks' online account opening features? Let me know in the comments!