Nepal Community Development Bank to provide free ASBA service

As authorized by the Security Board of Nepal (SEBON), Nepal Community Development Bank Limited (NCDB) has been providing ASBA (Applications Supported by Blocked Amount) service to its customers. Previously, the development bank has been charging its customers for each application. The charge has been waived and now the ASBA service is accessible from all 10 branches and extension counters free of cost. Customers having account in NCDB can now apply for public issues (IPO/FPO) for free of cost from all 10 branches and extension counters of NCDB.