Muktinath Development Bank Excellence Scholarship Notice
30th January 2026, Kathmandu
Muktinath Development Bank Limited, one of Nepal’s leading national level development banks, has officially opened applications for its prestigious Muktinath Excellence Scholarship for the academic year 2082 2083. This initiative, which has been a cornerstone of the bank’s Corporate Social Responsibility (CSR) activities for several years, specifically targets talented students entering Class 11.
Muktinath Development Bank Excellence Scholarship
By focusing on low income, underprivileged, and marginalized families residing outside the Kathmandu Valley and major metropolitan hubs, the bank is actively promoting educational equity and rural human capital development. This scholarship announcement coincides with the bank’s steady second quarter financial performance, which reflects its commitment to both social impact and financial stability.
The Muktinath Excellence Scholarship: Eligibility and Benefits
The primary objective of the scholarship is to alleviate the financial burden on academically capable students who might otherwise struggle to afford higher secondary education. For the current cycle, the bank has refined its geographic focus to ensure the support reaches those in sub metropolitan cities, municipalities, and rural municipalities. Under this program, one eligible student from each qualifying branch operating area will be selected to receive financial assistance.
Scholarship Amount: Each selected student will receive up to 15,000 rupees per year.
Coverage: The funds are designated to cover institutional fees and essential academic materials.
Faculty Flexibility: Students may be enrolled in any faculty or stream of study, provided they are full time students in a higher secondary institution within their home district.
Selection Process: If applications exceed the quota, selection will be made based on poverty levels and underprivileged status, coordinated between bank branch managers and local government representatives.
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Interested students must submit their applications by Magh 20, 2082. Required documents include a passport size photograph, copies of the SEE marksheet and character certificate, a parent’s citizenship certificate, and a recommendation letter from their current educational institution. Forms are available free of cost at the respective branch offices.
Revenue Performance and Core Banking Growth
On the financial front, the Muktinath Development Bank financial results for the second quarter of 2082 2083 showcase the bank’s resilience in a shifting economic landscape. The bank’s core revenue continues to be driven by its net interest income, which has benefited from a lower cost of funds. As of late 2082, the bank’s base rate has seen a notable decline, mirroring the broader industry trend. This reduction allows the bank to offer more competitive lending rates to its core customer base in the agriculture, small business, and personal loan sectors.
In addition to interest income, the bank has seen a steady rise in non interest income through service fees and digital transaction charges. The Muktinath Smart Banking app has become a key tool for driving transaction volumes, as the bank encourages its rural customer base to adopt digital payment methods. These diversified revenue streams are essential for maintaining the bank’s profitability margins as the interest spread remains under regulatory scrutiny.
Asset Quality and Risk Management
Maintaining a healthy loan portfolio is a critical focus for the management during the current fiscal year. Like many of its peers, Muktinath Development Bank has faced challenges with asset quality due to the slow recovery in certain economic sectors. The non performing loan (NPL) ratio is being closely monitored, with the bank employing proactive recovery strategies and maintaining adequate impairment provisions. These provisions, while impacting short term net profit, ensure that the bank’s balance sheet remains robust and capable of absorbing potential credit shocks.
Operating efficiency also remains a priority. The bank operates one of the largest branch networks among development banks in Nepal, with over 150 branches spanning diverse geographic regions. While this extensive network incurs significant personnel and administrative costs, it also provides the bank with a unique advantage in low cost deposit mobilization from rural areas, which helps keep the overall cost of funds lower than many urban focused competitors.
Capital Strength and Shareholder Metrics
The capital position of Muktinath Development Bank remains a point of strength for investors. The bank’s paid up capital and reserve funds are well above the minimum requirements set by the Nepal Rastra Bank. This solid capital adequacy ratio (CAR) provides a buffer for further credit expansion in the second half of the fiscal year. Shareholder indicators, including the annualized earnings per share (EPS) and net worth per share, continue to reflect the bank’s status as a stable “blue chip” option within the development bank category on the Nepal Stock Exchange (NEPSE).
In conclusion, the dual focus of Muktinath Development Bank on social responsibility through its scholarship program and financial stability through disciplined banking practices highlights its holistic approach to growth. By supporting the next generation of students in rural Nepal, the bank is investing in the long term economic health of the communities it serves. As the 2082 2083 fiscal year progresses, investors and stakeholders will be looking for continued improvements in asset quality and further expansion of the bank’s digital ecosystem.
