Opening a bank account in Nepal in 2026 is easier than ever, thanks to the country’s growing digital banking infrastructure and streamlined KYC (Know Your Customer) process. Whether you are a student, employee, or entrepreneur, having a bank account is essential for safe transactions, online payments, and receiving funds.

Step 1: Choose the Right Bank

There are more than 25 commercial banks in Nepal, including Nabil Bank, Global IME Bank, NIC Asia Bank, and Prabhu Bank. Before you choose, compare their services like online banking features, mobile app ratings, account maintenance fees, and available offers for new customers.

Step 2: Prepare Required Documents

To open a personal bank account, you’ll need to provide these documents:

  • Citizenship Certificate (for Nepali citizens) or Passport (for foreigners)
  • Recent passport-size photographs
  • Proof of Address (like utility bill or rental agreement)
  • SIM Card registered in your name
  • National ID (NID) card issued by the Government of Nepal

Having a SIM card and NID card registered in your name is now mandatory, as banks verify your identity through your phone number and the national database.

Step 3: Visit the Nearest Branch or Apply Online

Most banks allow both offline and online applications. If you visit the branch, fill out the account opening form, attach your documents, and provide your signature. For online applications, go to the bank’s official website or app, fill in your details, and upload scanned copies of your documents.

Step 4: Complete KYC Verification

After submitting your application, the bank will verify your details. They may call you or send an OTP to your registered SIM for verification. Once approved, you will receive your account number and can start using digital banking services.

Step 5: Activate Mobile and Internet Banking

After account approval, activate your bank’s mobile app for quick transfers, bill payments, and online transactions. Make sure to set a strong password and enable biometric login for extra security.

Conclusion

By following these simple steps, you can open a bank account in Nepal in 2026 without hassle. Always ensure your SIM card and NID are registered in your name, as they are now key for identity verification and secure banking. Digital banking is growing fast—so getting started now will help you stay ahead.