KATHMANDU: Nabil Bank has introduced innovative and impactful savings account ‘Nabil Digo Bachat Khata,’ savings account in Nepal with an aim to promote sustainable development and reduce carbon emissions.
This initiative aligns with Nepal’s ambitious target of achieving net-zero carbon emissions by 2045 and contributes directly to global sustainability efforts. Through this innovative savings account, Nabil Bank will allocate additional 0.5% per annum of the total deposit amount under this account toward initiatives aimed at reducing carbon emissions.
According to the bank, the allocated amount will be spent on programs aimed at reducing and controlling carbon emissions, such as reforestation and tree plantation, promotion of renewable energy, waste management initiatives, clean energy and clean water projects, and other initiatives aligned with the Sustainable Development Goals (SDGs). As part of its sustainability-driven approach, Nabil Digo Bachat Khata offers several unique features. Customers who maintain a semi-annual average balance of Rs. 50,000 will have a tree planted in their name as a one-time commemorative gesture.
The bank believes that this initiative will make a direct contribution toward carbon emission reduction, environmental conservation, and achieving the SDGs. The required minimum balance to open this account is Rs. 10,000. This account is targeted toward individuals of all age groups, Non-Resident Nepalis (NRNs), and non-profit organizations who wish to gain financial benefits while also contributing to environmental protection.
To further encourage digital banking, customers maintaining the required minimum balance will receive free lifetime access to digital banking platforms such as Nabil Bank’s nBank and nBank Web, fostering a paperless banking culture.
Beyond its sustainability benefits, Nabil Digo Bachat Khata also offers exclusive financial privileges. Account holders will receive free debit and credit cards for the first year, enjoy a 25% discount on annual locker charges, and be eligible for insurance facilities upon meeting the necessary criteria. These additional benefits make this savings product both financially rewarding and environmentally responsible.
Nabil Bank, a pioneer in responsible banking, continues to integrate sustainability into its operations while delivering innovative financial solutions. With the launch of Nabil Digo Bachat Khata, customers are not only saving for their financial future but also making a positive impact on the planet.
Nabil Bank Limited is a pioneer bank in Nepal’s banking sector, committed to offering innovative and customer-focused financial solutions. It has been providing services to over 2.4 million customers through a network of 268 branches and 320 ATMs across the country. For the past 40 years, Nabil Bank has played a significant role in introducing innovative banking services in Nepal. The bank has focused its operations on delivering high-quality services to customers while spearheading the era of modern banking in the country.
