NMB Bank

What NMB Bank does

NMB Bank Ltd. is a Nepal-based commercial bank founded in 2008 and listed on the Nepal Stock Exchange (NEPSE: NMB), operating from its Kathmandu headquarters through 198 branches, 176 ATMs, and 9 extension counters nationwide with 1,001–5,000 employees. It serves retail consumers, small merchants, farmers, women, youth, senior citizens, energy-sector pensioners, and corporate and institutional clients, and runs three wholly-owned subsidiaries—NMB Capital (capital services), NMB Microfinance (microfinance), and N.M.B. Securities (securities)—forming a mid-sized diversified financial services group.

The bank's core technology is an omnichannel digital banking platform (NMB Omnichannel) spanning mobile, internet, and SMS-based banking, complemented by QR code payment acceptance, Visa debit/credit card issuance with 3D Secure authentication, a DEMAT account integrated with MeroShare, and Flywire-enabled international payments. A key recent capability is its participation in the Nepal-India cross-border UPI-NPI linkage launched in June 2026 through Nepal Clearing House Limited (NCHL) and NPCI International, enabling real-time person-to-person remittances via Virtual Payment Address technology. Specialized digital lending products include NMB Kheti Karja (collateral-free farmer loans disbursed via agri-tech platforms) and NMB Sajilo QR Karja (working-capital loans for QR-merchant customers), layered on top of traditional home, education, land-purchase, loan-against-property, and electric-vehicle loans.

Revenue is generated primarily through net interest spread on the loan book, transaction and service charges (ATM, inter-bank transfers, remittances), and recurring digital-banking fees, supplemented by card interchange, DEMAT, locker, and payroll-account economics. The bank pursues a hybrid retail-plus-corporate segmentation with demographic-tailored savings accounts (Mahila Bachat, Karmath Yuva, Jestha Nagarik, Ujyalo Pension/Pariwar, Pradesh Bachat, Digital Eco Saving), and has attracted $40 million in cumulative BII climate-finance debt in 2018 and 2022 for renewable-energy lending toward a 50 MW hydropower target, followed by a $180 million IFC-led syndicated facility in May 2026 with BII and Norfund to fund further balance-sheet expansion.

Name

NMB Bank

Legal name

NMB Bank Ltd.

Website

https://nmb.com.np

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

NMB Bank is a NEPSE-listed Nepalese commercial bank operating 198 branches, 176 ATMs, and three subsidiaries (capital, microfinance, securities) to deliver retail, agricultural, SME, corporate, and cross-border Nepal-India remittance banking services through an omnichannel digital platform.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (52211)

SIC

National Commercial Banks (6021)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industry

Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE)

Keywords

• Commercial banking
• Retail banking
• Digital banking
• Cross-border remittance
• Savings accounts

Headquarters

HQ city

Kathmandu

HQ country

Nepal

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain, Others

Revenue model

1. Interest Income from Loans: Traditional banking revenue from interest spread on various loan products including home loans, education loans, agricultural loans, and commercial lending
2. Transaction Fees and Service Charges: Fees from ATM withdrawals, inter-bank transfers, remittance services, and various banking service charges
3. Digital Banking Services: Revenue from digital banking services including mobile banking, internet banking, and QR payment merchant services

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

NMB Bank is a Nepal-based commercial bank that provides retail and corporate banking services including savings and deposit accounts, personal and business loans, digital banking (mobile, internet, omnichannel), QR-based payments, debit/credit cards, DEMAT, locker services, and cross-border remittance. The bank distributes these offerings through 198 branches, 176 ATMs, and 9 extension counters nationwide, complemented by a digital banking platform accessible via mobile and desktop.

Product overview

NMB Bank is a leading commercial bank in Nepal offering a comprehensive digital banking platform with multiple integrated products and services. The portfolio includes: (1) Digital Banking Core Platform: NMB Omnichannel (unified mobile/desktop interface), NMB e-banking, Mobile Banking, and QR Code payments; (2) Loan Products: Home Loans, Education Loans, Land Purchase Loans, Loan Against Property, Electric Auto Loans, NMB Kheti Karja (agri-tech farmer loans), NMB Sajilo QR Karja (merchant QR loans), Ballooning/Reverse Ballooning Home Loans, NMB Merchant Loan (MLoan), and Loans Against Fixed Deposits; (3) Savings Products: NMB Jeevan Chakra, NMB Ujyalo Pension Bachat Khata (energy sector pensioners), NMB Ujyalo Pariwar Bachat Khata (pensioner families), NMB Mahila Bachat Khata (women), NMB Karmath Yuva Savings (youth 16-40), NMB Student Savings Account, NMB Digital Saving Account (eco-friendly), Pradesh Bachat Khata (provincial identity), NMB Premium Super Talab Khata (payroll), NMB General Payroll Account, NMB Jestha Nagarik Bachat Khata (senior citizens 58+), and NMB Amulya Bachat Khata; (4) Card Services: Visa Debit/Credit Cards with 3D Secure, Dollar Cards; (5) Value-Added Services: DEMAT, Locker Service, Flywire international payments, and EMI Calculator. The bank operates 198 branches, 176 ATMs, and 9 extension counters nationwide, and has launched India-Nepal cross-border remittance services through UPI-NPI linkage.

Differentiator

Problem solved

Functional benefit

Brands

• NMB Omnichannel: Omnichannel banking platform allowing customers to access banking services and transact online with uniform interface in both mobile and desktop devices
• NMB e-banking
• NMB Mobile Banking
• NMB 3D Secure
• NMB M-Loan
• Flywire
• NMB QR Code
• NMB Jeevan Chakra
• NMB Electric Auto Loan
• NMB Kheti Karja
• NMB Sajilo QR Karja
• NMB Ujyalo Pension Bachat
• NMB Ujyalo Pariwar Bachat Khata
• NMB Go-Green Savings Account
• NMB Digital Saving Account
• NMB Mahila Bachat Khata
• NMB Karmath Yuva Savings
• NMB Student Savings Account
• NMB Jestha Nagarik Bachat Khata
• NMB Premium Super Talab Khata
• NMB General Payroll Account
• NMB Amulya Bachat Khata
• Pradesh Bachat Khata
• NMB Sulav Ghar Karja
• NMB DEMAT
• NMB Locker Service

Products and services

• NMB Omnichannel Integrated banking platform that allows customers to access banking services and transact online with a uniform interface across both mobile and desktop devices.
• NMB e-banking Internet banking service for online transactions and account management, including retail and corporate variants.
• NMB Mobile Banking Mobile banking service that facilitates round-the-clock access to a range of banking services through mobile application or SMS keywords.
• QR Code Payment Contactless payment method that allows customers to perform payments by scanning a QR code from a mobile app at merchant locations.
• India-Nepal Cross-Border Remittance Service (UPI-NPI Linkage) Real-time person-to-person cross-border payment and remittance service between Nepal and India using Virtual Payment Address technology, in partnership with NCHL and NPCI International, eliminating delays of conventional remittance channels.
• NMB Visa Debit/Credit Card Banking cards enabling cardholders to access more than 400,000 ATMs and 2.5 million Point of Sale (POS) terminals across India and Nepal via the Visa network.
• NMB 3D Secure 3D secure service for NMB Bank's debit/credit cardholders to perform authenticated and secure online transactions.
• DEMAT Account DEMAT account providing a safe and secure way to hold stocks with online investment tracking through MeroShare integration.
• Flywire International Payments Global payment and receivables solution offered via NMB Bank for clients needing to make large-sum cross-border payments borderlessly.
• Locker Service Safe Deposit Locker service for keeping jewellery, important documents, and other valuables securely at NMB Bank branches.
• Home Loan Housing loan for purchasing or constructing homes offered to retail customers with flexible repayment options.
• Education Loan Loan product designed to support students and their families in financing educational expenses.
• NMB Electric Auto Loan Loan product for financing the purchase of electric vehicles, supporting Nepal's transition to environmentally friendly transportation.
• NMB Kheti Karja Collateral-free, paperless digital loan for individual farmers verified by agri-tech platforms, ranging NPR 10,000 to 200,000 with 3-24 month tenure and EMI repayment.
• NMB Sajilo QR Karja Collateral-free, quick, paperless digital loan for business firms using NMB Bank's QR code payments, with loan amounts from NPR 10,000 to 200,000 and 3-24 month tenure.
• NMB Merchant Loan (MLoan) Digital merchant loan platform accessible at mloan.nmb.com.np for checking eligibility and applying for loans via mobile number and PAN verification.
• NMB Ujyalo Pension Bachat Khata Savings account for pensioners from energy-sector entities, with bundled insurance facilities including accidental death and permanent total disability coverage.
• NMB Ujyalo Pariwar Bachat Khata Savings product for family members of energy-sector pensioners, with insurance coverage for up to 5 family members including accidental death, critical illness, and medical insurance.
• NMB Mahila Bachat Khata Women's savings account encouraging savings and financial independence, with minimum balance of NPR 500 and daily-balance, quarterly interest posting.
• NMB Karmath Yuva Savings Account Savings account designed for the youth segment aged 16-40 years, with minimum balance of NPR 500.
• NMB Student Savings Account Savings account for all Nepalese individuals including students, with features including DEMAT facility, credit card, and locker access.
• NMB Digital Saving Account Paperless, eco-conscious savings product for digitally-aware people, offering a digitally empowered banking experience via NMB's digital onboarding platform.
• NMB Premium Super Talab Khata Deposit product for salaried employees of organizations with features including zero balance, accidental insurance coverage up to NPR 10 lakhs, medical insurance up to NPR 1 lakh, and no ATM charges.
• NMB General Payroll Account Deposit product designed for salaried employees of organizations and institutions, providing high return on savings balances.
• NMB Jestha Nagarik Bachat Khata Savings account tailored for senior citizens aged 58 and above, with facilities including NMB Delight Card and mobile banking.
• NMB Amulya Bachat Khata Digital savings account for all Nepalese individuals, opened with a minimum balance of NPR 500.
• Pradesh Bachat Khata Special savings account celebrating Nepal's seven provinces, designed to deliver a regional banking experience with digital features and investment benefits.
• NMB Jeevan Chakra Individual savings account product offered by NMB Bank as part of its consumer deposit portfolio.
• Loan Against Fixed Deposit Loan product that allows customers to borrow against their fixed deposits held with NMB Bank.
• Loan Against Property (LAP) Flexible loan product with features like longer tenure, attractive interest rates, and simple processing to accommodate immediate financial needs, secured against property.
• Land Purchase Loan Credit facility for purchasing plots of land, specially designed for individuals who wish to purchase land for future residential purposes.
• Ballooning & Reverse Ballooning Home Loan Housing loan variants: Ballooning Housing Loan allows EMI payment on part of the loan with bulk yearly settlement, while Reverse Ballooning allows EMI to diminish over 5-10 years as chosen by the customer.

Quantifiable outcome

• 50 MW of new clean energy projects to be financed through climate finance facilities

Named customers3 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Nepal Clearing House Limited (NCHL)coreTechnology or Integration · 8 June 2026NMB Bank partnered with Nepal Clearing House Limited to launch real-time person-to-person cross-border payment and remittance service between Nepal and India. The service uses Virtual Payment Address technology, eliminating delays associated with conventional remittance channels. This enables instant transfers between the two countries through connected banking applications.
• Global Alliance for Banking on Values (GABV)minorOthersNMB Bank is a member of the Global Alliance for Banking on Values, a network of banks committed to sustainable banking practices.
• NPCI InternationalcoreTechnology or IntegrationNPCI International enables the technical integration between Nepal's National Payments Interface (NPI) and India's Unified Payments Interface (UPI), facilitating cross-border digital payments. Eight Nepali banks including NMB are connected to this platform.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Siddhartha Bank: Nepali commercial bank with branch network, digital banking, and consumer loan products. Directly comparable in operating model and target segments to NMB.
• Everest Bank: Nepal-based commercial bank providing retail, corporate, and digital banking services. Comparable in scale, branch network, and product suite to NMB.
• Nabil Bank: One of Nepal's largest commercial banks offering full-service retail and corporate banking, digital channels, and branch network. Most direct competitor to NMB in mass-market deposit banking and lending.
• Nepal SBI Bank: Nepali commercial bank with India (SBI) backing, strong remittance corridor presence, and full-service retail/corporate banking. Direct competitor especially in cross-border payments.
• NIC Asia Bank: Nepali commercial bank with similar nationwide branch coverage, digital banking platform, and consumer lending products. Competes directly with NMB in retail and SME segments.
• Prime Commercial Bank: Nepal-based commercial bank with comparable branch network, digital banking, and consumer loan products. Operates in the same competitive set as NMB.
• Himalayan Bank: Nepali commercial bank with similar branch and digital infrastructure, retail and corporate lending. Comparable peer across the customer lifecycle.
• Citizens Bank International: Nepali commercial bank offering retail and corporate banking, digital banking, and remittance services. Direct competitor in mass-market banking.
• Laxmi Sunrise Bank: Merged Nepali commercial bank providing retail, SME, and digital banking. Similar in product breadth, geographic footprint, and customer segments to NMB.

Emerging players

• eSewa (F1Soft International): Nepal's largest digital wallet and payment platform. Competes with NMB's QR and mobile banking proposition, particularly in merchant payments and digital lending.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/nmbbank
• Xx.com/nmb_bank
• LinkedInlinkedin.com/company/nmb-bank-ltd.

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NMB Bank