December 18, 2017

How to do mobile banking in Nepal via. Android device?

Hello and welcome again to this week’s Sunday How-to. This week we’re going to discuss about something that is quite different from before – mobile banking. Even within it, we’re going to specialize in Android device since Android device have the highest market adoption as well as market share. Today’s post will also explore some apps available in the play store related to some important banks of Nepal.

Mobile Banking Cover

First of all, what is mobile banking? Wikipedia defines it as follows:

Mobile banking is a system that allows customers of a financial institution to conduct a number of financial transactions through a mobile device such as a mobile phone.

The chief method of mobile banking in Nepal is SMS banking. Basically you SMS a given number with a command and the system performs a task.

[AdSense-A]

With advent of app driven ecosystem, the banks have pushed their mobile banking application to app stores in various ecosystems. With the development in technology sector and proliferation of smartphones, these services become integral part of mobile banking.

Lets go ahead and explore some of these apps. (Click to download app)

  1. Rastriya Banijya Bank
  2. Nabil Bank
  3. Machhapuchhre Bank Limited
  4. Nepal Investment Bank Limited
  5. Kist Bank
  6. Nepal SBI Bank
  7. Kumari Bank
  8. Citizen’s Bank
  9. Global Bank
  10. Nepal Bangaladesh Bank
  11. Bank of Asia
  12. NCC Bank
  13. Everest Bank
  14. Business Universal Development Bank Limited
  15. Om Finance
  16. Sunrise Bank
  17. NMB Bank
  18. Siddhartha Bank

[AdSense-C]

Most of the above bank allow general activities like balance inquiry, balance transfer, purchase of recharge card and bill payment, statement request, link to eSewa etc.

Besides these apps, many banks provide the SMS banking service via. native SMS. The syntax for SMS banking some banks is given below.

  1. Nepal Bank Limited
  2. Nepal Investment Bank Limited
  3. Rastriya Banijya Bank
  4. Himalayan Bank Limited
  5. NMB Nepal
  6. Nepal SBI Bank
  7. Nepal Bangladesh Bank
  8. Nabil Bank
  9. Laxmi Bank
  10. Everest Bank
  11. Kumari Bank
  12. Bank of Kathmandu
  13. Machhapuchhre Bank Limited
  14. Prime Bank
  15. Lumbini Bank

Unfortunately, the lists on banks in Nepal is so long that we can’t cover all. Check out the site of your bank to see if the support SMS banking. The basics of how this works is that you have to

[AdSense-B]

  • Register your phone number to your bank.
  • Get a PIN number for your account.
  • Get the set of codes to perform different commands.
  • Get a number particular to your bank to which you will send SMS.

After you send the SMS correctly, a SMS alert will be sent back with required information or as confirmation of your activity.Screenshot 1

The cost differes according to activity and carrier. Generally, each SMS costs same as a normal SMS in the carrier which is deducted from phone bill while any value added service will be deducted from bank account (Eg. mobile balance top-up).

Don’t forget to leave a comment if you have any enquiries.

About Anuj Sharma 10 Articles
I am a tech enthusiast, coder, graphic designer and student of agriculture.
  • Cool stuffs man! E-sewa is really innovative approach for online banking and stuffs. 🙂

    • They are just like a startup as of yet and have lot of features to add. However, they are steps ahead of competitors in terms of services in a market in which most have failed to gain a momentum in. Big props for them.