Siddhartha Bank Limited Announces Branch Consolidation of Various Branches in Kathmandu and Pokhara

17th July 2026, Kathmandu

Siddhartha Bank Limited has officially announced the consolidation of several branch offices.

SBL Announces Branch Consolidation

This strategic reorganization is aimed at optimizing the bank network operations while enhancing service delivery for clients. The restructuring involves merging specific branches into larger nearby hubs to ensure better asset management and resource efficiency.

The bank has put measures in place to guarantee that the consolidation does not affect the financial security of its clients. All existing records, balances, and operational data are being transferred securely to the new designated branches. This move aligns with the long term growth strategy of the financial institution as it streamlines its presence in key urban markets across Nepal.

Official Timeline and Transition Date for Account Holders

The bank has synchronized this corporate restructuring to take place at the start of a new financial cycle. This timing allows for a smoother transition of digital data and physical assets between the affected locations.

The critical timeline information regarding this transition includes the following dates.

• The consolidation of the branch offices becomes officially effective from Shrawan 1 2083.
• The corresponding international calendar date for this operational shift is July 17 2026.
• All corporate communications and banking activities will shift to the unified branches from this date onward.

By setting a clear effective date, Siddhartha Bank Limited ensures that customers can plan their physical visits and financial planning accordingly without facing unexpected venue closures.

Seamless Transfer of Banking Accounts and Locker Facilities

A major priority during this consolidation process is the preservation of consumer convenience. The bank has confirmed that clients do not need to undergo complex procedures to keep their accounts active during the integration.

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The main transition arrangements implemented by the bank include the following measures.

• Automatic transfer of all customer bank accounts to the designated consolidated branches.
• Safe relocation of physical locker facilities to the corresponding merged branch locations.
• Availability of all standard banking services from the integrated branches without any interruption.
• Provision of regular account operations including deposits, withdrawals, and digital access under the new branch codes.

Because the system handles the migration internally, customers will experience a seamless transition where their funds and valuables remain fully accessible at the new venues.

Detailed List of Merged and Consolidated Branch Locations

The consolidation impacts several branch offices located inside the Kathmandu Valley as well as major branches in Pokhara. The bank has paired each closing branch with a nearby consolidated branch to minimize travel inconveniences for local clients.

The specific branch consolidations and transfers are structured as follows.

• The Kalopul Branch in Kathmandu is officially merged into the Chabahil Branch.
• The Kuleshwor Branch in Kathmandu is officially merged into the Kalimati Branch.
• The Naradevi Branch in Kathmandu is officially merged into the Putalisadak Branch.
• The Jawalakhel Branch in Lalitpur is officially merged into the B and B Hospital Branch.
• The Chipledhunga Branch in Pokhara is officially merged into the Pokhara Sabhagriha Branch.
• The Buddhachowk Branch in Pokhara is also officially merged into the Pokhara Sabhagriha Branch.
• The Bagar Branch in Pokhara is officially merged into the Parsyang Branch.

With these changes, the receiving branches are fully equipped with extra manpower and technological infrastructure to handle the increased customer volume efficiently.

Improving Operational Efficiency and Customer Service Standards

Siddhartha Bank Limited stated that the main intention behind this widespread consolidation is to significantly improve overall operational efficiency. Bringing smaller branches together into larger hubs allows the bank to manage its workforce better and offer stronger technological support to users.

The bank has reassured the public that customer service standards will remain a top priority throughout and after the transition period. Clients can continue using their existing checkbooks, debit cards, and mobile banking applications seamlessly. For any specific queries regarding account numbers or localized services, individuals are encouraged to visit their newly assigned consolidated branch offices.

For More: SBL Announces Branch Consolidation