NIMB KetaKeti Bachat Khata: Nepal’s Best Child Savings Account for Minors
31st May 2025, Kathmandu
Saving money is a tradition in most Nepali households. Parents teach their children the value of money from an early age. They encourage them to save for the future. This practice builds discipline, responsibility, and confidence in financial matters.
NIMB KetaKeti Bachat Khata
Nepal Investment Mega Bank Limited (NIMB) understands the importance of this culture. That’s why it introduced the KetaKeti Bachat Khata, a savings account created especially for children under the age of 18. This account supports parents in starting their child’s financial journey early. It is more than just a bank account—it’s an investment in their future.
Why Do Children Need A Savings Account?
A child’s savings account provides a secure place to store money. But more than that, it teaches the importance of saving, patience, and long-term planning. When parents help children manage their accounts, they are preparing them for adult financial responsibilities.
With a KetaKeti Bachat Khata, your child will be able to:
Earn interest on their savings, which will help the balance grow passively over time. This encourages children to save more.
Set goals for the future, such as saving for education, hobbies, or emergencies. Having a specific goal builds motivation and focus.
Develop saving habits from a young age, which can shape how they handle money as adults. Starting early is key to building a responsible and financially aware generation.
Who Can Open the Account?
This account is designed specifically for Nepali children under 18 years old, also known as nabalik as per Nepali law. Whether your child is a teenager or a newborn, you can open this account in their name. Parents or legal guardians are required to manage the account until the child becomes legally eligible.
Key Features And Benefits Of KetaKeti Bachat Khata
NIMB has packed this product with features that support children and their families at every step. Let’s explore these in detail:
Minimal Initial Deposit Requirement
You only need NPR 100 to open this account. This makes it accessible to every household, regardless of income level.
Bank’s Matching Contribution
To encourage early financial planning, NIMB will also deposit NPR 100 into the account, as long as the parents declare this is the child’s first bank account.
Complimentary Cheque Book on Request
Though not commonly used by children, having access to a free cheque book gives them a sense of ownership and introduces them to traditional banking tools.
Access to NIMB Smart Mobile Banking
The account can be linked to the NIMB Smart app, making it easier for parents to manage the account digitally. You can check balances, view statements, and transfer funds instantly.
Debit Cards for Children
The bank offers VISA and MasterCard debit cards for account holders. These cards help introduce children to the world of digital payments under the supervision of their guardians.
DEMAT Account Facility
This account allows the addition of a DEMAT account, helping parents introduce their children to the capital market and future investment options.
Video Account Opening Service
For your convenience, you can open this account through a video call from home. No branch visit is needed. This service saves time and is ideal for busy parents or families in remote locations.
NIMB Travel Card
If your child is traveling abroad (excluding India and Bhutan), you can apply for a Travel Card. This card is safe, easy to use, and accepted internationally.
E-Banking Facilities
You can access your child’s account anytime through NIMB’s e-Banking portal. You’ll be able to check balances, download statements, and even transfer funds between banks using ConnectIPS.
Safe Deposit Locker Access
Parents can also enjoy locker facilities at discounted rates. This adds value by offering a secure way to store valuable items for the child or family.
Dynamic Interest Rates
The account earns competitive interest based on market conditions, helping savings grow steadily over time.
Attractive Merchant Offers
Account holders receive exclusive discounts at partner merchants, making day-to-day spending more rewarding for the family.
Option for Fixed Deposit
Parents can convert a part of their child’s savings into a Fixed Deposit for higher returns. This is a great way to plan for long-term financial needs like education.
How To Open An Account: Two Simple Ways
NIMB has made the account opening process smooth and user-friendly. You can choose either method:
Visit the Nearest Branch
Walk into any NIMB branch and ask for assistance with opening a KetaKeti Bachat Khata. The Customer Service Department (CSD) will help you fill out the form and complete the KYC process.
Documents required include:
Child’s birth certificate
Two passport-sized photos of the child
Guardian’s citizenship copy
Two passport-sized photos of the guardian
Fill in details like the child’s name, type of account, guardian’s contact information, nominee, and any extra services you want, like debit cards or cheque books.
Open Through Video Call
Go to the NIMB website or mobile app and select “Video Assistant”. Fill in the required information and verify via OTP. Then, schedule a video call with a bank representative.
Make sure you’re in a well-lit room, with a good internet connection and valid documents ready. After the video KYC is completed, the bank will send your account details to your email.
NIMB: Your Partner In Raising Financially Smart Kids
Nepal Investment Mega Bank is known for modern, customer-friendly services. With KetaKeti Bachat Khata, NIMB proves its commitment to building a more financially aware generation. It offers tools that combine traditional savings values with today’s digital convenience.
This account supports children in understanding money, saving habits, and even investing. It is truly a long-term financial solution for Nepali families.
Final Words: Nani Dekhiko Bani, Bhabishyako Lagi
KetaKeti Bachat Khata is more than just a children’s bank account. It’s a platform to build smart saving habits that last a lifetime. It empowers children to be responsible, future-focused, and financially secure.
With easy access, meaningful features, and NIMB’s reliable support, parents can start shaping their child’s financial success today.
For more: NIMB KetaKeti Bachat Khata
