1st June 2025, Kathmandu
For many Nepalese working overseas, sending money home is a vital responsibility. But simply sending money isn’t enough. You need a secure, efficient, and rewarding way to manage your earnings and support your family. That’s where the Prithvi Remittance Savings Account by Nepal Investment Mega Bank (NIMB) comes in.
NIMB Prithvi Remittance Savings Account
This account is specially designed for migrant workers and their families. It helps you save, grow your money, access digital services, and manage your finances from anywhere in the world.
Why Choose a Remittance Savings Account?
Choosing the right bank account is critical when you work abroad. A remittance savings account like Prithvi offers financial security, convenience, and long-term benefits.
Safe and Secure Money Management
When you save money in a bank, you reduce the risk of theft, damage, or misplacement. The Prithvi account ensures your income is stored safely under regulated conditions. It’s far more secure than keeping cash at home or using informal channels.
Earn Passive Income from Interest
With the Prithvi account, your deposited money earns interest over time. You don’t need to invest effort daily. Your money grows passively, helping you build wealth without taking high risks. The interest rate is attractive and competitive, ensuring you get better value for every rupee saved.
Support Your Family with Ease
Migrant workers often send money home to support loved ones. A remittance account ensures fast, direct, and reliable fund transfers. Your family can withdraw the money or use digital tools to manage expenses. It reduces delays, confusion, and transaction costs.
Reach Financial Goals Faster
Whether you’re saving for a home, children’s education, or a future business in Nepal, the Prithvi account helps you set financial goals. It’s easier to track progress and save consistently when your money is in a dedicated savings account.
Key Features of the Prithvi Remittance Savings Account
The Prithvi Remittance Savings Account is packed with features that make banking simpler and smarter for Nepalese abroad.
No Minimum Balance Requirement
You don’t need to keep a minimum balance to maintain the account. This is great for workers who want flexibility. Whether you save a little or a lot, you can keep the account active and functional.
Free Cheque Book on Request
If you prefer traditional banking, NIMB provides a free cheque book. You can use it for rent payments, business transactions, or keeping physical records. It adds another layer of flexibility for those who still value paper-based banking.
Full Access to Mobile Banking
NIMB Smart is the bank’s mobile app. It gives you complete control over your finances through your phone. You can:
Check your balance
Pay bills
Transfer money to other accounts
View your account history
Whether you’re in Qatar, Dubai, Malaysia, or at home in Nepal, banking is always just a few taps away.
Visa and MasterCard Debit Cards
The Prithvi account comes with debit cards powered by Visa or MasterCard. These cards are widely accepted, both in Nepal and abroad. You can use them to:
Withdraw cash from ATMs
Shop online or in stores
Book travel tickets
It simplifies transactions without needing to carry large amounts of cash.
One-Year Free DEMAT Facility
Are you interested in investing in Nepal’s stock market? The Prithvi account includes a free DEMAT account for one year. You can buy and sell shares digitally. It’s a great way to grow your savings while participating in Nepal’s growing financial sector.
Easy and Flexible Account Opening Methods
You can open your Prithvi Remittance Savings Account in several convenient ways—no matter where you are.
Open at a Bank Branch
Visit any NIMB branch in Nepal. The Customer Service Department (CSD) will help you fill out the required forms. You will need:
Personal details like name, address, and phone number
A signature or thumbprint
Nominee declaration (optional)
Introducer information (if required)
Status regarding other banks, convictions, or blacklisting
Preferred banking services like ATM, statement, or e-banking
The process is smooth and guided by helpful staff.
Apply Online
If you can’t visit a branch, use the NIMB online application portal. Just enter your information, choose the Prithvi account, and submit your documents. It saves time and helps you apply from anywhere in the world.
Video Account Opening
This is one of NIMB’s most innovative services. You can open an account through a video conference with a bank representative. You need:
A quiet room with a plain background
A smartphone or laptop with a camera and a microphone
Stable internet
A white paper and a black pen
After the session, your account details will be emailed to you. It’s that simple.
Extra Services That Add Value
The Prithvi account goes beyond the basics. It offers premium features that benefit both the account holder and their family.
Free E-Commerce Registration
Buy goods online or pay for services with ease. With free e-commerce registration, you can shop digitally without extra costs or paperwork.
Virtual Dollar Prepaid Card
If you need to pay for courses, software, or services abroad, apply for a Virtual Dollar Prepaid Card. All you need is a PAN card. It’s ideal for students, freelancers, and digital entrepreneurs.
NIMB Travel Card
For those traveling outside Nepal (except India and Bhutan), NIMB offers a Travel Card. You need your passport, visa, and travel documents. The card ensures you can pay securely during your trips without currency exchange hassles.
e-Banking and ConnectIPS
Use e-banking to transfer funds within NIMB or across other banks using ConnectIPS. You can check balances, download statements, and make payments with a few clicks.
Special Discounts
Enjoy exclusive merchant discounts when you shop at partner outlets using your NIMB card. It helps you save while spending.
Competitive Interest Rates
Though interest rates may change, NIMB offers one of the most competitive rates in the market. Your savings grow steadily, giving you real returns over time.
Who Should Open A Prithvi Remittance Savings Account?
This account is perfect for:
Nepalese planning to work abroad
Current foreign employees sending money home
Family members receiving remittances
It ensures a smooth and secure flow of money between you and your loved ones in Nepal.
Required Documents
To open your account, make sure you have:
For workers:
Nepalese Citizenship Certificate
Two passport-size photos
Valid visa and work permit
For recipients:
Citizenship Certificate
Two passport-size photos
Recent remittance receipt
These documents help verify your identity and ensure compliance with regulations.
Final Thoughts: Let Your Money Work For You
The Prithvi Remittance Savings Account from NIMB is more than a bank account. It’s a complete financial toolkit. It gives you safety, convenience, smart tools, and real growth. Whether you are abroad or in Nepal, managing your money becomes easy and efficient.
With no minimum balance, modern features, and flexible account opening, there’s no better time to start. Open your Prithvi account today and invest in your future—and your family’s.
For more: NIMB Prithvi Remittance Savings Account