Nepal Investment Bank introduces online ASBA facility

Nepal Investment Bank Limited (NIB) has introduced online ASBA facility to its customers. Under this facility, customers of NIB having accounts in the bank can submit applications for public issues (IPO/FPO) using internet banking service provided by the bank. As per the notice published by the bank, customers will be able to apply using ASBA system from the bank’s online banking system using their login ID and password. Interested investors can also open bank accounts at any branch of NIB and avail this service. After the applicant submits the form online, a copy of the receipt will instantly be provided for the applicant for printing, and another copy will also be sent to the applicant’s email address.