19th August 2025, Kathmandu
Citizens Bank International Limited offers a variety of savings deposit accounts, each designed to meet the specific needs of different customer segments.
Citizens Bank Savings Accounts
These products combine security, convenience, and a range of rewarding benefits, including digital banking services, insurance coverage, and loan facilities. The three primary savings accounts are the Citizens Smart Bachat Khata (CSBK) for digital-savvy individuals, the Citizens Samrakshit Bachat Khata for those seeking savings with added protection, and the Citizens Talab Bachat Khata for working professionals.
Citizens Smart Bachat Khata (CSBK): The Digital-First Account
The Citizens Smart Bachat Khata (CSBK) is a zero-balance savings account crafted for the modern, tech-savvy generation. This account is built on the principles of digital and eco-friendly banking, allowing customers to manage their finances almost entirely through digital platforms. The zero minimum balance requirement makes it highly accessible for students and young professionals who may not have a large amount of capital to deposit initially.
The CSBK is packed with complimentary digital services for the first year, including free mobile banking, internet banking, and a Visa debit card. It also offers free activation of 3-D Secure for secure e-commerce transactions, a critical feature for online shoppers. The account provides free ‘Any Branch Banking Service’ (ABBS) for transactions up to NPR 200,000, and a free De-Mat account for the first year, making it a gateway to stock market investments. Customers also receive a 50% discount on all digital products annually after the first year, ensuring continued access to digital conveniences at a lower cost. A unique benefit is the cashback on the first top-up, which offers 50% back, up to NPR 100, encouraging digital transactions from the start. These features collectively make the CSBK an ideal choice for millennials who prioritize self-service and digital-first banking.
Citizens Samrakshit Bachat Khata: Savings with Security
The Citizens Samrakshit Bachat Khata is a savings account designed for individuals who seek a secure way to save their money while enjoying added benefits. It requires a modest minimum balance of NPR 1,000. The account comes with a range of free services that enhance its value proposition, including a free cheque book, Visa debit card, mobile banking, and internet banking.
A key differentiator of this account is the array of discounts it provides. Account holders get a 50% discount on annual locker fees for the first year, and the same discount on commissions for balance certificates, drafts, and swift issuance. This account is well-suited for customers who frequently use traditional banking services and want to save money on transaction fees. The product strengthens the bank’s savings deposit base by appealing to a segment that values both convenience and cost savings.
Citizens Talab Bachat Khata (CTBK): The Professional’s Choice
The Citizens Talab Bachat Khata (CTBK) is a zero-balance account specifically designed for working professionals and for corporate salary management. This account simplifies the payroll process for companies and provides a host of benefits for employees. Like the CSBK, it has a minimum balance of NPR 0, making it a great option for companies of all sizes to manage their payroll.
What sets CTBK apart is its combination of banking and insurance benefits. It offers medical insurance of up to NPR 25,000 for 24-hour hospitalization and accidental death insurance of up to NPR 300,000. These insurance features provide a crucial safety net for employees and their families. In addition to insurance, the account provides free cheque book issuance, free digital banking services, and free cash withdrawals from other banks’ ATMs for up to two transactions per month. A particularly attractive feature for professionals is the option to apply for a professional loan of up to NPR 1,500,000 for a tenure of five years, which includes a revolving overdraft facility of up to NPR 500,000. This makes CTBK a comprehensive financial solution for professionals, combining daily banking, security, and access to credit for personal or professional needs. ⚕️
Conclusion
Citizens Bank has successfully diversified its savings deposit products to cater to a wide range of customer needs. The Citizens Smart Bachat Khata empowers digitally native customers with its zero-balance policy and a suite of free digital services. The Citizens Samrakshit Bachat Khata provides traditional banking users with a secure savings option coupled with discounts on banking services. Finally, the Citizens Talab Bachat Khata serves working professionals by offering a blend of convenient banking, valuable insurance benefits, and access to professional loans. Together, these accounts showcase Citizens Bank’s commitment to providing flexible, secure, and rewarding banking solutions for every segment of the Nepali population, encouraging financial inclusion and smart savings habits.
For More: Citizens Bank Savings Account