Muktinath Bank Introduces VISA Debit Card with Contactless and Cross-Border Features

10th November 2025, Kathmandu

Muktinath Bikas Bank has reinforced its position as a dynamic financial institution by introducing the advanced Muktinath VISA Debit Card. This new card is not merely a tool for cash withdrawal; it represents a major step forward in delivering a secure, convenient, and truly cashless payment experience that extends far beyond Nepal’s borders.

Muktinath’s VISA Debit Card

Built with cutting-edge technology, this card is issued against both personal savings and current accounts, offering users seamless access to their funds at millions of ATMs and merchant outlets worldwide that display the VISA logo, with a special focus on the crucial travel corridor between Nepal and India.

The Core Advantage: Contactless and Cross-Border Utility

The Muktinath VISA Debit Card’s design is focused on maximum convenience and high security in the age of rapid digital transactions. Its defining features solve critical pain points for the modern Nepali consumer and traveler.

Tap & Pay for Enhanced Speed and Security

Embracing global payment trends, the card is Tap & Pay Enabled, providing contactless payment functionality. This feature allows customers to complete transactions quickly and securely at compatible Point-of-Sale (POS) terminals with a simple tap of the card. This not only speeds up the checkout process but also adds a layer of security by minimizing physical handling and contact with the terminal.

Unmatched Regional Accessibility

A significant feature for Nepalese customers is the card’s widespread acceptance across the entire VISA member bank network in both Nepal and India. This cross-border facility is invaluable for business, pilgrimage, and leisure travel, ensuring that customers have reliable, 24/7 access to their money without the risk and inconvenience associated with carrying large amounts of physical cash. The card’s ability to be upgraded for domestic online payments further cements its utility as the single go-to payment instrument for all daily transactions. Furthermore, every transaction is backed by Real-Time SMS Alerts, ensuring customers are instantly notified of all activity, a critical tool for fraud prevention and financial monitoring.

Financial Transparency and Transaction Parameters

Muktinath Bank emphasizes transparency by clearly defining the fees and transaction limits associated with the card. This clarity is essential for customers to manage their finances effectively both at home and abroad.

Domestic and Cross-Border Fee Structure

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For daily banking within Nepal, the bank strongly encourages the use of its own network: both Balance Inquiry and Cash Withdrawal at Muktinath Bank ATMs are entirely free. To promote interoperability within the Nepali banking system, withdrawals at other bank ATMs incur a nominal fee of NPR 15 only after the first five free transactions per month, making it a highly economical choice for local use.

For cross-border use in India, specific fees apply for international service processing: Balance Inquiry is INR 50, and Cash Withdrawal is NPR 250 per transaction. It is important for travelers to note that additional charges may also be levied by the respective Indian bank that owns the ATM, necessitating transactional awareness while abroad. The card is designed to remain a sustainable tool, boasting a long validity of 5 years from issuance.

Security-Driven Transaction Limits

The bank implements a structured system of transaction limits to manage security risks while ensuring practical access to funds. The maximum amount allowed per single ATM transaction in Nepal is NPR 20,000, with a total daily ATM limit of NPR 50,000, and a generous monthly ATM limit of NPR 300,000. POS transactions allow up to NPR 50,000 per transaction, with a daily limit of NPR 300,000 and a monthly limit of NPR 600,000 within Nepal.

For use in India, the limits are calibrated to the local currency and risk profile: the per-transaction and daily ATM withdrawal limit is INR 10,000, with a total monthly ATM limit of INR 100,000. POS transactions in India allow up to NPR 50,000 per transaction, with a daily limit of NPR 100,000 and a monthly limit of NPR 160,000. These limits collectively ensure the card remains functional for necessary financial activities while providing a robust safeguard against potential loss or theft.

Upholding Security: The Customer’s Role

Muktinath Bank emphasizes that the security of the card and funds is a shared responsibility, providing clear and actionable Security Guidelines for every user. These practices are essential in maximizing the card’s security features.

Customers are strongly advised to always check their surroundings before using an ATM and to shield their PIN while entering it to prevent unauthorized viewing. Immediate action is critical if anything appears suspicious—customers must cancel transactions and leave immediately. To prevent personal compromise, users must memorize their PIN and never write it down, particularly on the card itself, and should always avoid using personal data like birthdays or phone numbers for the PIN. Furthermore, retaining ATM receipts until they are verified against monthly statements provides an essential safeguard for dispute resolution, and any lost or stolen cards must be reported immediately to the bank to minimize risk of fraudulent activity.

By combining cutting-edge contactless technology with robust security protocols and transparent cross-border functionality, the Muktinath VISA Debit Card stands as a powerful, modern financial tool, solidifying Muktinath Bikas Bank’s commitment to client-centric digital service delivery.

For More: Muktinath’s VISA Debit Card