EBL Virtual Credit Card Nepal: Get 45 Days Interest-Free Digital Credit Up to NPR 5 Lakh
4th June 2025, Kathmandu
In a major step toward digital transformation, Everest Bank Limited (EBL) has launched the EBL Virtual Credit Card, a completely digital card that customers can access and manage through the EBL mobile banking app.
EBL Virtual Credit Card Nepal
The service began on Jestha 20(3rd June), and is designed to provide customers with instant and secure access to credit without needing a physical card.
Fully Digital And Mobile-Based
EBL Virtual Credit Card is a 100% digital product. Customers can generate and use this card directly from their mobile banking application. There is no need for paperwork or physical card delivery.
The card supports QR payments, PhonePay, and online transactions. Additionally, users can manage the card, such as checking limits, transactions, and repayment, within the app itself.
Flexible Credit Limit
The bank offers a minimum credit limit of NPR 50,000 and a maximum of NPR 500,000. The amount approved depends on the customer’s banking profile and eligibility.
Customers can use this limit to make purchases, pay bills, and perform other digital transactions. This service supports both daily needs and planned spending.
Interest-Free Credit For 45 Days
One of the key benefits of the EBL Virtual Credit Card is its interest-free period of up to 45 days. Customers can use the card for purchases and only pay later, without any interest, if repayment is made within that period.
This feature provides short-term credit support and promotes smart, budget-friendly financial planning.
Easy And Flexible Repayment Options
EBL gives users the freedom to choose their repayment style. Customers can repay as low as 10% of the outstanding amount, or go up to 100%, depending on their preference.
This flexibility supports different types of earners—whether salaried, self-employed, or freelancers—by helping them manage cash flow effectively.
Quick Setup With Minimum Requirements
To get started, customers only need to meet basic eligibility standards. There’s no lengthy documentation process. Once the credit card is activated within the app, it’s ready to use instantly.
This ease of access aligns with modern banking needs and encourages more people to shift to digital finance tools.
Safe And Secure Transactions
Security remains a priority. Everest Bank ensures all virtual credit card transactions are protected with two-factor authentication and real-time alerts. Sensitive card details are only available to the user through secure login.
By eliminating the physical card, the risk of loss or theft is also reduced. Additionally, users get more control over the card through instant lock/unlock and real-time monitoring features.
Aligned With Nepal’s Digital Goals
The launch of the EBL Virtual Credit Card supports Nepal Rastra Bank’s vision to promote cashless banking. Everest Bank continues to introduce smart banking services that match evolving customer needs.
By offering this digital credit card, the bank takes a strong step in promoting contactless transactions and reducing reliance on physical banking processes.
Positive Customer Response
Initial feedback has been promising. Users have appreciated the instant approval, no physical card requirement, and flexibility in repayments. Many customers, especially tech-savvy users and young professionals, see it as a tool that makes their financial life easier and smarter.
Simple Application Process
Interested users can log into the EBL mobile banking app, click on the virtual credit card section, and apply. Based on the customer’s history with the bank, the card is issued digitally and immediately.
There’s no need to visit a branch or wait for a card delivery. The entire process takes only a few minutes.
Conclusion
With the introduction of the EBL Virtual Credit Card, Everest Bank has taken a big leap in digital banking. It combines ease of use, speed, security, and flexibility—all from your smartphone.
As Nepal moves further into a digital era, such innovations are not just helpful—they are essential. EBL’s digital vision, supported by this product, reflects a future where banking is smarter, safer, and more accessible to all.
For more: EBL Virtual Credit Card Nepal
