Kumari Bank Green Savings: Eco Friendly Banking in Nepal

30th April 2026, Kathmandu

The Green Savings Deposit Account is an innovative banking product launched to bridge the gap between personal savings and ecological sustainability.

Kumari Bank Green Savings

This account is designed for individuals who want their money to do more than just earn interest; it allows them to contribute actively to a cleaner and greener future. By choosing this account, customers in Nepal can align their financial habits with global environmental conservation goals while enjoying a comprehensive suite of banking benefits.

What Makes a Savings Account Green?

A Green Savings Account functions differently than a traditional bank account by integrating environmental initiatives into its core operation. Typically, for every account opened, the bank ensures that one tree is planted, either through its own initiatives or through certified programs. Furthermore, the capital mobilized from these deposits is not used for traditional industrial lending. Instead, the funds are strategically invested in eco-friendly sectors including:

• Renewable Energy: Projects focused on solar, hydro, and wind power.
• Energy Efficiency: Initiatives that reduce carbon footprints and energy waste.
• Sustainable Agriculture: Farming practices that protect soil health and biodiversity.
• Community Programs: Local environmental projects aimed at conservation.

Key Features and Financial Benefits

Beyond its environmental impact, the Green Savings Deposit Account offers competitive features that make it a practical choice for everyday banking in Nepal. The account is accessible to a wide range of customers due to its low entry requirements and added security features.

The major benefits and features include:

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• Minimum Balance: A low requirement of NPR 1,000 to keep the account active.
• Accidental Insurance: Holders receive NPR 100,000 in Group Personal Accident (GPA) coverage.
• Digital Banking: Mobile banking and Omni-channel services are provided free of charge for the first two years.
• Locker Facility: Customers benefit from a 50% discount on the annual locker fee, with security deposits handled as per the standard schedule of charges.
• Investment Tools: Demat and Mero Share accounts are offered free for the first year to encourage stock market participation.
• Foneloan Facility: Eligible account holders can access quick digital loans through the bank’s mobile platform.

Requirements and Documentation

Opening a Green Savings Deposit Account is a straightforward process, requiring standard identification and contact verification. Prospective account holders should prepare the following documents to ensure a smooth application:

• A copy of a valid Citizenship Certificate or a current passport.
• The National ID (NID) card or the official NID number.
• A passport-sized photograph.
• A verified mobile number, which may require a screenshot for verification purposes for Nepali numbers.

While the account provides a full range of digital services, it is important to note that there is a restricted issuance policy for physical cheque books to further reduce paper waste.

Why Switch to Green Banking?

Choosing the Green Savings Deposit Account allows individuals to participate in a larger movement toward sustainability without sacrificing modern banking conveniences. It serves as a dual-purpose tool: it protects the account holder’s financial future through interest earnings and insurance, and it protects the planet’s future through reforestation and green investments. For the environmentally conscious citizen in Nepal, this account represents a forward-thinking solution that turns every deposit into a positive environmental footprint.

Conclusion: Banking for a Better Tomorrow

The Green Savings Deposit Account stands out as a unique financial product in the Nepali market. It successfully combines traditional banking perks—such as insurance coverage and digital discounts—with a tangible commitment to the environment. With its accessible minimum balance and strong focus on renewable energy investment, it is an ideal choice for anyone looking to make a difference while they save. As the world moves toward more sustainable models, banking with an ecological conscience is a small step that leads to a significant impact.

For More: Kumari Bank Green Savings