Kasthamandap Development Bank Ltd.

Introduction

Kasthamandap Development Bank Ltd. is established under the Bank and Financial Institution Act,2063 in Kathmandu Municipality of Kathmandu district as a national level development bank.The working area of the bank,as per the guidelines of the central Bank,will be whole Nepal.The bank will thus ,be effortful in performing it’s banking activities and services all over Nepal in a phase wise manner .The bank will come up with new banking outlook by providing modern banking services ,efficient customer services and wide coverage of banking activities within urban as well as rural areas all over the country.

Vision
The vision of Bank is to become an efficient and effective national level Development Bank of the county.

Mission
The mission of the bank is to deliver innovative and sound banking services for the economic development of the country and to contribute the financial sector stability in the country.

Goal
The goal of the bank is to be an illustrative and one of the best development bank serving maximum numbers of the people through delivery of adequate and innovative service in less complicated process and to earn profit for shareholoders through efficient delivery mechanism.

Ownership Structure

Promoter share 70%
General Public 30%

Capital Structure

Authorized Capital NRS. 640.00
Issued Capital NRS. 320.00
Paid –up capital NRS. 224.00

Deposit

Call Deposit

Current Deposit

Saving

Fixed

Loan Schemes

Business Loam

• term loan
• working capital
• consumer loan

Non funded Services

• Bank guarantee

Deposit

Fixed Deposit
- Minimum balance required 10,000.00

Interest Payment

Maturity

One Year

Two Years

Three Years

Quarterly

5.50%

6.00%

6.50%

Half-Yearly

5.75%

6.25%

6.75%

Yearly

6.00%

6.50%

7.00%

Type
Rate

Saving Deposit (NPR)

4 % - 6% pa*

Saving Deposit (US $)

2.5 % pa*

Call Account

3% - 4.5% pa*

* Conditions apply

Loan

Types Of Loans
Rate Of Interest (Per Annum)

Loan And Advances

9.5% - 10.5% pa*

Loan against Fixed Deposit

+2% pa*