NMB Bank

May 28, 2021

Open Account in NMB Bank Only in Five Minutes Via FB Messenger

Mina Aryal Banking & Insurance, News FB Messenger, NMB Bank, Open Account in NMB Bank

28th May 2021, Kathmandu

Nepal Merchant Bank Nepal is a commercial bank in Nepal. The headquarter is located in Kathmandu. The bank is licensed by the central bank of Nepal, the Nepal Rastra Bank. NMB Bank has 63 branches across the nation which provide retail and commercial banking services. The bank was founded in May 2008.

Nepal Merchant Banking and Financial limited has received the prestigious award “BANK OF THE YEAR” for the third time in four years.

The main aim for opening accounts in banks are bank offer convenience, and they are safe for saving our money. Due to the current scenario created by the Covid-19 epidemic government and provinces have announced lockdowns and prohibitory nationwide. There is a fear of going out. Most of the sectors have gone online.

Technology has made us so easy and convenient. Now, you need not worry about lockdowns and prohibitory for opening an account in a bank. NMB Bank has bought the facility of creating a bank account with the help of Facebook chat.

People from small ages to old ages use Facebook these days. So, yes, it is a Facebook chat, only making some conversation in Facebook chat with representatives from NMB Bank, you can create your bank account just in five minutes.

For opening the bank account in NMB bank, the instructions are given below:

1.Click on this link: http://m.me/nmbbank

You can type “Hello” and send. You can also click “Get Started.”
They will ask you, “Do You have a saving account with NMB Bank?” with the following options.

Yes

No – Open Account

Open FD

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If you didn’t respond to chat fast, they would say, “We did not get any response from you, Please type ‘Hello’ or click on ‘Main Menu’ button to move to the main menu.”
Type Hello
Then for the above question, select “No- open account.”
You will get messages like, “To complete this process you will be requiring your national ID for NID number, your other ID like passport, voter ID or driving license for address proof, kindly keep them handy, once ready press Yes.”

8.After pressing “Yes,” you will be prompted to enter your first name.

Also, enter your last name.
Then the bank will reply, “Please share your Nepali personal mobile number, we will send you important notifications related to your account on this number.”
You will get “Please share your personal email ID, we will send you important notifications related to your account on this ID.” then.
Then, Please provide your nation ID number; ensure you enter the full number as provided on the national ID, e.g., 023-123-1234.
After that, Please enter your date of birth as printed on your national ID and other identity proof documents like passport, voter id, or driving license, e.g., yyyy-mm-dd.
Enter your grandfather’s name.
After that, Please enter your full address as printed on your address proof documents like NID, Passport, Voter ID, or Driving License; we will require this id for verification.
Now, take or upload a selfie, ensure your full face is captured; the photo should be clear and sharp; please avoid clicking any objects in the background.
After sending a photo, Please take or upload a photo of the front side of your ID and upload; the same ID will be used to verify the details provided by you earlier.
Remember, if you make some delay, you will be taken to the initial step.
Then, “Please take or upload a photo of the back side of your ID and upload, the same ID will be used for verification of the details provided by you earlier.”
Click on “I agree to the terms and conditions of NMB Bank Limited Nepal, I undertake that all the information and proofs provided by me are correct.”
You will get the message, “We have sent the OTP to your mobile number xxxxxx****. Please enter OTP

Now you need to wait for some time. They are processing your request.

Now, your bank account is ready.

You will get the message:

Welcome to NMB Bank; your savings account no. is 001012455160****. After that, you will receive a verification call from NMB bank within the next 24 Hrs. on business days. Once the verification is done, your account will be activated. For support, you can also call us at 166-001-252-52, 01-4246160 or email us at [email protected]; please note that no one from NMB Bank will ever call you to ask for your PIN, Password, Balance, Account Details, etc.

May 18, 2021

NMB Bank Brings The Facility To Renew KYC Online in Nepal

Mina Aryal Banking & Insurance, News KYC Online in Nepal, NMB Bank

18th May 2021, Kathmandu

Due to the devasting scenario brought by the Covid-19 pandemic, the Government and Provinces have announced the bans and lockdowns. All the sectors have gone online for their transactions.

NMB Bank has introduced an online KYC service. The bank has brought the facility for the customers to update their customer identity details through the internet wherever they are.

The bank has informed that the customers who have opened a new account online through NMB digital platforms (omnichannel/social network) can also easily complete / update their KYC details using this digital service.

For KYC you have to go to this link: NMB KYC

April 29, 2021

NMB Bank Issued a Contactless Card, Easy to Pay Bus Fares

Mina Aryal Banking & Insurance, News NMB Bank, NMB Bank Contactless Card, NMB Contactless Card

29th April 2021, Kathmandu

Nepal Merchant Banking and Financial limited is a commercial bank in Nepal, licensed by the Central bank of Nepal with 163 branches across the nation which has received the prestigious award “BANK OF THE YEAR” for the third time in four years.

NMB Bank has issued a contactless card to pay bus fares. Considering the current situation and the need for security, the bank has issued a contactless card.

The bank, which has been providing various banking services including accounts through Omni Channel, has agreed to cooperate with Fintech International to provide security from COVID as well as to build a cashless society.

The bus fare will be calculated automatically based on the distance covered by the passenger from the card and the fare can be paid through a contactless card.

Similar payment systems are being used in cities around the world. The bank has started this service with the objective of making it easier for the customers to pay the bus fare in the current adverse conditions.

At present, this facility is being provided in 20 buses of Joint Transport and Fisheries Capital and the bank is making efforts to provide this facility in collaboration with various other bus operators.

This initiation will lead the society towards a cashless society and will also be really helpful for the citizens as well as the bus operators. It is even a preventive measure considering the current situation of COVID.

March 24, 2021

NMB Bank Visa International Card Available in Nepal

Mina Aryal Banking & Insurance, News NMB Bank, NMB Bank Visa International Card, NMB Dollar Card, Visa International Card

24 March 2021, Kathmandu

Until now, the only way to pay for products and services was with foreign cards. There was no provision for legitimately spending from Nepal. But now NRB has allowed commercial banks and development banks to issue prepaid cards with a maximum value of $500.

The NMB Visa International card is a reliable travel companion. It allows you to spend money all over the world at the current exchange rate. Now there’s no need to carry cash. Instead, you can use plastic money with PIN-based CHIP technology to secure your money. You can save yourself from the exchange’s secret fees.

In addition to handling foreign currency for your travels, you can also perform online transactions for Hotel Booking and Ride-Sharing Services such as (Uber, Lyft, Airbnb, Booking.com, Agoda).

Users may exchange $500 or other equivalent foreign currency at the same time or repeatedly for a period of up to one year. Now users can buy foreign products and will be able to pay online.

For more information please visit your nearest branch, call us at 16600125252 or email us at [email protected].

December 8, 2020

NMB Bank Awarded ‘Bank Of The Year 2020’

Mina Aryal Banking & Insurance, News Bank Of The Year, NMB Bank

8th December 2020, Kathmandu

The Banker is an international financial affairs publication owned by The Financial Times Ltd. It has awarded NMB Bank with the prestigious “Bank of the Year-2020” award among banks in Nepal. NMB Bank took the title of Bank of the Year in Nepal thanks to its efforts in embracing sustainable banking and its strong merger and acquisition activities.

The Banker magazine writes ” This year COVID19 pandemic has brought the world to a halt making an incredibly tough year. The difficult operating environment makes this year’s winners even more deserving. Not only the banks have successfully managed the pressures of running their operations remotely. But also have taken care of their staff and customers, responding rapidly to their needs and stepping up support in these hard and demanding times.”

This is not the first time NMB bank has won this award, it has won the award for the 3rd time in the last 4 years. According to the bank’s press release, this award is an appreciation to all people working and connected with the bank. It added the efforts during Covid-19 to provide proper and safe services to the public and keep the company running by applying various methods. Also adopting digital ways has all contributed to the Bank’s success.

Why NMB Bank ‘Bank of the Year 2020’?

The Bank has achieved international membership. As it has driven to promote Sustainable Value-Based Banking in allegiance to its membership of the Global Alliance for Banking. Also, it is a committee member of Partnership for Carbon Accounting Financials (PCAF) joining a league of international banks like Morgan Stanley and ABN Amro amongst others
In late 2019, the NMB bank signed a memorandum of understanding for the acquisition of Kanchan Development Bank, which has a strong presence in western Nepal. A focus on sustainability due to which the bank has strengthened its domestic presence. NMB also began joint operations with Om Development Bank, which has a strong presence in the country’s economic centers.
By the digital onboarding which was launched at the beginning of 2020. New customers now have the opportunity to open accounts via social applications. The facility was provided to increase new account openings at the time of the Corona pandemic.
NMB Bank has promoted renewable energy by launching the Green Fixed Deposit product. Funds ranging from one to five years, savers can have their funds matched to a portfolio of renewable energy projects. A tree is planted on each account holder’s name.
NMB the Bank is able to assist in FDI at critical times. Thus it makes the bank the most preferred Nepalese Bank for international institutions for extension of credit lines.

Next Step for NMB Bank

The bank has had remarkable growth which can be seen in its balance sheet size and its balanced network expansion that covers urban-semi urban and rural corners of the country

The bank will focus more on enhancing the client’s digital touchpoints and automating internal processes. By the help of digital means, the bank aims to contribute towards a paperless environment and crownless environment in the branches.

NMB is planning to introduce an AI-based credit approval system to enhance the user experience.

The bank will also keep an eye on the full implementation of environmental and social management systems (ESMS) to increase productivity through technology and manage costs through automation.

The magazine also said that it received hundreds of entries this year. These entries made clear that the investment of banks in their digital transformation efforts have truly paid off. It will continue to reap rewards in the coming days. In terms of improving customer experience, lowering the cost to serve, and driving the financial inclusion agenda.