Siddhartha Bank Announces Lifetime Free Credit Card Offer on Its 23rd Anniversary
26th December 2025, Kathmandu
In a significant move to mark its twenty third year of operation, Siddhartha Bank has launched a highly attractive credit card promotion for its customer base. The announcement, made on Thursday Poush 10 2082, introduces a Lifetime Free Credit Card scheme designed to reward loyal patrons and attract new users to the bank’s digital ecosystem.
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This anniversary offer is a strategic effort to lower the barrier to entry for credit products in Nepal, where annual fees can sometimes deter potential users. By removing the initial costs and providing a clear path to permanent fee waivers, Siddhartha Bank is positioning itself as a consumer-friendly leader in the competitive retail banking sector.
DURATION AND ELIGIBILITY OF THE ANNIVERSARY OFFER
The Lifetime Free Credit Card offer is a limited time opportunity, valid for exactly 30 days. The promotion officially began on December 25, 2025, and is scheduled to conclude on January 23, 2026. During this one month window, customers applying for the bank’s Standard Credit Card will benefit from a complete waiver of the standard issuance fee. Furthermore, the first year’s annual fee, which is typically charged at the time of card activation or at the end of the first year, will also be entirely waived. This allows customers to experience the benefits of credit card ownership without any immediate financial commitment.
UNDERSTANDING THE CONDITIONS FOR LIFETIME FREE STATUS
To qualify for the Lifetime Free facility in the long term, Siddhartha Bank has implemented a simple, activity-based condition. While the first year is free with no strings attached, the waiver of the annual fee from the second year onwards depends on the cardholder’s usage. Specifically, a customer must complete at least three transactions using the credit card in each preceding year. For instance, if a card is issued in December 2025, the user must perform at least three transactions between January 2026 and December 2026 to ensure the annual fee for the second year is waived. This cycle continues annually, making the card effectively free for life as long as it remains active with minimal usage.
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STRATEGIC GOALS FOR DIGITAL TRANSACTION GROWTH
The bank has explicitly stated that the primary objective of this scheme is twofold: providing additional value to its customers and promoting the adoption of digital transactions across Nepal. By encouraging cardholders to make at least three transactions a year, the bank is nudging its customers away from cash-based payments and toward electronic points of sale or online gateways. This aligns with the broader national vision of a “Digital Nepal,” where financial transparency and efficiency are enhanced through electronic records of spending. For the bank, increased card usage also leads to higher engagement and a better understanding of customer spending patterns.
CUSTOMER SUPPORT AND THE SIDDHARTHA CARE CENTER
Recognizing that new credit card users may have questions regarding the application process or the specific terms of the anniversary offer, Siddhartha Bank has highlighted its dedicated support system. Customers can reach out to “Siddhartha Care,” the bank’s 24-hour customer service center, for real-time assistance. This service center is accessible through various communication channels, including phone and digital messaging, ensuring that help is available whenever a customer needs it. Providing robust support is a key part of the bank’s strategy to maintain high satisfaction levels as it expands its credit card portfolio during this high-volume promotion period.
EVOLUTION OF SIDDHARTHA BANK OVER 23 YEARS
Reaching the 23rd anniversary milestone is a testament to Siddhartha Bank’s resilience and growth in the Nepalese financial market. Since its inception, the bank has evolved from a traditional commercial institution into a modern, technology-driven bank with a nationwide presence. Over the years, it has introduced various innovative products, ranging from specialized savings accounts to sophisticated corporate lending solutions. The current credit card offer is a reflection of this evolutionary journey, demonstrating the bank’s ability to adapt to modern consumer needs while celebrating its heritage of two decades of service to the nation.
CONCLUSION AND CALL TO ACTION FOR CUSTOMERS
In conclusion, the Siddhartha Bank Lifetime Free Credit Card offer is a significant value proposition for anyone looking to enter the world of digital credit. By combining a zero-cost entry with a very low threshold for ongoing fee waivers, the bank has created a compelling reason for customers to choose their services. As the promotion runs until January 23, 2026, interested individuals are encouraged to visit their nearest branch or apply through digital channels to take advantage of this anniversary gift. This initiative not only benefits individual users but also contributes to the modernization of the financial landscape in Nepal.
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