Garima Bikas Bank’s Diverse Product Portfolio

29th August 2025, Kathmandu

Garima Bikas Bank offers a wide variety of financial products and services designed to cater to the diverse needs of its customer base, from basic savings accounts to advanced digital solutions.

Garima Bank’s Digital Products

The bank’s focus is on providing convenience, security, and competitive benefits across all its offerings. The online account opening feature provides a seamless entry point for new customers, allowing them to choose from a range of specialized savings accounts.

Comprehensive Savings Account Options

Garima Bikas Bank has a product for almost every type of saver. The bank provides multiple savings account types, each with specific features:

General Savings: The standard account with a minimum balance of NPR 500 and a competitive interest rate of 2.75%, paid quarterly.

Public Saving Account: A basic account with a low minimum balance of NPR 100, making it accessible to a wider population.

Senior Citizen Saving Account: This account is tailored for senior citizens, requiring only a NPR 100 minimum balance, with the standard 2.75% interest rate, paid quarterly.

Foreign Employment IPO Savings Account: A highly specialized account with a higher interest rate of 5.75% and a minimum balance of NPR 1,000. This account is particularly attractive for individuals working abroad who wish to invest in initial public offerings (IPOs) in Nepal’s stock market.

Garima 5 in 1 Bachat Khata: This innovative account offers a slightly higher interest rate of 3.75% with a minimum balance of NPR 1,000, with the added benefit of monthly interest payments, providing quicker returns.

Super Savings: This account requires a higher minimum balance of NPR 5,000 but maintains the standard 2.75% interest rate, paid quarterly.

Garima Nari Savings: Designed specifically for women, this account offers a low minimum balance of just NPR 100, promoting financial inclusion for a key demographic.

This diverse range of savings accounts shows the bank’s commitment to creating products that fit the unique financial needs of different customer segments.

Card Services: Flexibility and Security

Garima Bikas Bank offers both credit and debit card products that are integrated with global payment networks like VISA, providing customers with convenience both at home and abroad.

Garima VISA Credit Card

The Garima VISA Credit Card operates on a “Buy Now, Pay Later” principle, offering a crucial service for modern consumers. It provides an interest-free credit period of up to 45 days from the previous billing date, giving customers significant financial flexibility. Key features and benefits include:

• Fees: A joining fee of NPR 1,000 and an annual fee of NPR 1,000.
• Credit Limit: A minimum credit limit of NPR 15,000 and a maximum of NPR 500,000, or 1.5 times the gross monthly salary (whichever is lower).
• Security: Enhanced security with 3D Secure for online transactions and contactless payment for amounts up to NPR 5,000 without a PIN.
• Accessibility: The card is accepted nationwide and in India and Bhutan.
• Integration: It can be linked to the MOCO App for utility payments, including air tickets, mobile top-ups, and electricity bills.

The card also features a simple documentation process, fast delivery within 7 working days, easy EMI conversion, and various rewards and cashback offers.

Garima VISA Debit Card

This card is designed for smart, secure, and convenient banking. It offers dual functionality for ATM and POS transactions and online payments. Its primary security feature is 3D Secure (Verified by VISA), which requires an OTP or a unique code for every online purchase, thereby preventing fraud even if card details are stolen.

The card provides instant SMS alerts for all transactions and supports contactless payments and SCT-UPI Integration for transactions in Nepal and India. The daily transaction limit is NPR 100,000, and the monthly limit is NPR 400,000 in Nepal. In India, the per-transaction limit is INR 10,000. The bank also provides a list of important security tips, reminding customers to keep their cards secure and never share their PIN.

Digital Innovations for the Modern Banker

Garima Bikas Bank has made significant strides in digital banking, offering a suite of services that make banking more accessible and convenient.

Garima Digi Batuwa

This is the bank’s flagship digital banking platform, accessible via a mobile app on Android and iOS and a web portal. It offers a comprehensive set of services, including balance inquiry, interbank fund transfers, and a wide array of utility payments, such as electricity, water, internet, and traffic fines. It even allows for travel ticketing for airplanes, buses, and cable cars.

The platform has different transaction limits based on the access method:

• Mobile App: Per transaction limit of NPR 100,000, a daily limit of NPR 300,000, and a monthly limit of NPR 3,000,000.
• Web Banking: Higher limits, with NPR 500,000 per transaction, a daily limit of NPR 2,000,000, and a monthly limit of NPR 3,000,000.

For customers abroad, the bank has a special provision where they can submit a signed application and a copy of their passport to access the service, with OTPs sent to their registered email addresses for security.

Garima Smart Teller

Garima Smart Teller is an innovative solution that enables customers to withdraw cash from a bank branch without a cheque or a debit card. This unique service enhances security and convenience, allowing for a safer, faster, and more convenient banking experience. The transaction limits are NPR 100,000 per transaction, NPR 300,000 per day, and NPR 1,500,000 per month, with a maximum of 20 transactions per day.

Garima Voice Box

The Garima Voice Box is a forward-thinking product aimed at merchants. It is a soundbox that provides real-time audio confirmation for QR payments. This device addresses the critical need for instant payment verification in a fast-paced retail environment. Its key features include multilingual audio alerts in languages like English, Hindi, Newari, Bhojpuri, and Maithili, which helps it cater to a diverse customer base. It accepts both Fonepay and NepalPay QR payments, has a long-lasting battery, and supports 4G SIM connectivity. The device, available for a monthly rental fee of NPR 350, boosts customer trust by instantly confirming successful payments, aligning with its slogan: “Never miss a payment, never miss a customer.”

Conclusion

Garima Bikas Bank has successfully created a robust and multi-faceted financial ecosystem that caters to a wide spectrum of customer needs. From its diversified savings account offerings to its secure and flexible card products, and especially its innovative suite of digital services like Garima Digi Batuwa, Smart Teller, and Voice Box, the bank is positioning itself as a leader in both traditional and digital banking. By combining competitive interest rates with cutting-edge technology and enhanced security features, Garima Bikas Bank is not just providing banking services; it is crafting a comprehensive and secure financial experience for its customers. The information provided confirms the bank’s commitment to convenience, security, and innovation, ensuring it remains relevant and competitive in Nepal’s evolving financial landscape.

For More: Garima Bank’s Digital Products