Siddhartha Bank Branch Adjustment Notice Major Changes in Kathmandu and Pokhara

6th April 2026, Kathmandu

In a major move to modernize its physical infrastructure, Siddhartha Bank Limited has officially released a branch adjustment notice outlining significant changes to its network across key cities in Nepal.

Siddhartha Bank Branch Adjustment

This strategic decision reflects the bank’s commitment to optimizing operations, enhancing digital banking efficiency, and improving overall customer service delivery in 2026.

As the banking landscape in Nepal shifts toward mobile and internet-based transactions, the necessity for high-density physical branches in metropolitan areas has evolved. Siddhartha Bank is leading this transition by consolidating resources to create more robust and capable service hubs.

Why Siddhartha Bank is Adjusting Branches

The Siddhartha Bank Branch Adjustment is driven by the rapid adoption of digital banking services. With more customers using the Siddhartha MBank app for daily transactions, the need for multiple physical branches in close proximity has significantly decreased.

The primary objectives of this restructuring include:

Streamline Operations: Consolidating administrative tasks into larger hub branches.

Improve Service Efficiency: Reducing wait times by pooling staff and resources.

Reduce Redundancy: Eliminating overlapping service areas in metropolitan centers.

Enhance Customer Experience: Providing better infrastructure and modern facilities at merged locations.

This restructuring ensures that while the physical footprint is optimized, the quality of banking services remains high and accessible.

Branch Mergers in Kathmandu Valley

In Kathmandu, several branches are being merged to create more efficient service points. These adjustments are specifically targeted at areas where multiple branches were operating within a very short distance of each other.

Key Kathmandu Branch Adjustments:

• Kalopul Branch: Merged into the Chabahil Branch.
• Kupandol Branch: Merged into the Kalimati Branch.
• New Road Gate Branch: Merged into the New Road Branch.
• Nardevi Branch: Merged into the Putalisadak Branch.

These mergers allow the bank to provide better parking, larger lobby spaces, and more specialized relationship managers at the unified locations.

Branch Adjustments in Lalitpur and Pokhara

Similar restructuring efforts have been implemented in other major urban centers to centralize banking operations while maintaining accessibility.

Lalitpur Adjustments:
Jawalakhel Branch: Successfully merged into the B and B Branch.

Pokhara Adjustments:
Chipledhunga Branch: Merged into the Pokhara Samuha Branch.

Bagar Branch: Merged into the Prithvi Chowk Branch.

Buddachowk Branch: Also merged into the Pokhara Samuha Branch.

In Pokhara, these changes aim to create a “Super Branch” model at Pokhara Samuha and Prithvi Chowk, offering a full suite of corporate and retail banking services under one roof.

Effective Date of the Branch Adjustment

All branch mergers and unified operations are officially set to take effect from Shrawan 1, 2083. From this date onward, the physical premises of the outgoing branches will close, and customers will be permanently redirected to receive services from the designated merged branches.

Impact on Siddhartha Bank Customers

Siddhartha Bank has issued a firm assurance to all account holders regarding the transition. The bank has designed a “Zero-Friction” move to ensure that:

Automatic Transfer: All accounts, including savings, current, and fixed deposits, will be automatically moved to the new branch records.

Uninterrupted Access: Cheque books, ATM cards, and mobile banking credentials will remain valid and fully functional.

No Action Required: Account holders do not need to visit the bank or submit new KYC documents for this transition.

Service Continuity: Loan customers can continue their repayments and interactions at the new merged locations without any change in terms.

Internal Asset Sale Opportunity

Along with the Siddhartha Bank Branch Adjustment, the bank has also announced a public sale of internal furniture and infrastructure from the closing premises. This includes office desks, chairs, counters, and other non-banking hardware.

Interested individuals, firms, or educational institutions can submit their purchase proposals to the bank’s central office located in Naxal, Kathmandu. This initiative allows the bank to efficiently manage surplus assets while offering cost-effective equipment opportunities for local businesses.

Commitment to Modern Banking in Nepal

The strategy behind the Siddhartha Bank Branch Adjustment highlights the bank’s forward-thinking approach. By focusing on digital transformation and efficient branch management, Siddhartha Bank aims to stay ahead of changing customer behaviors. The bank continues to invest heavily in its digital infrastructure to ensure that “Banking at your Fingertips” becomes a reality for every Nepali citizen.

Conclusion

The Siddhartha Bank Branch Adjustment Notice marks a pivotal step toward the modernization of banking operations in Nepal. With strategic mergers in Kathmandu, Lalitpur, and Pokhara, the bank is enhancing its operational efficiency while maintaining the highest levels of customer convenience.

As the bank moves toward a more unified and digital-centric model on Shrawan 1, 2083, customers can expect improved service quality and a more seamless banking experience. Siddhartha Bank remains dedicated to being a reliable partner in the financial journey of its clients, adapting constantly to the needs of the digital era.

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