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Banks are open, but insurance companies are not during Nepal lockdown

Kathmandu, March 24

Commercial and development banks of the country are open though the country has gone on lockdown in its bid to control the coronavirus infection in the country.

The regulatory agency, Nepal Rastra Bank, says the banks have been told to open a few particular branches and inform the public about the business. As the government has allowed the public to purchase essential goods such as foodstuffs and medicines, they require money, hence the banking service can also be deemed essential, according to Dev Kumar Dhakal, the chief of the NRB Bank and Financial Institution Regulation Department.

Meanwhile, insurance companies are not in operation though the insurance service is also listed as an essential service. The sector’s regulator, the Insurance Board, has told the companies not to charge interests if the clients fail to pay their premium during this period.


Published on March 24th, Tuesday, 2020 1:59 PM


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14 Comments
  • Thupten Gyalpo Lama says: | April 20 2020 11:24am

    Even if a bank is open how do we get to the bank when we are not allowed to use our vehicle. We live far out in Buddhanilkanth and cant get to the bank on foot. My bank BOKL Is in Naxal and the only way to get there is to drive to cash a cheque to draw money to purchase essential items. My office account does not provide us with ATM cards so ATM option is not available.

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  • Min chhetri says: | April 20 2020 8:51am

    plz let us know which is the time when himalayan bank and mega bank opens? In this lockdown period..? From pokhara**

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  • Min chhetri says: | April 20 2020 8:50am

    plz let us know which is the time when himalayan bank and mega bank opens? In this lockdown period..?

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  • sujita says: | April 10 2020 8:26pm

    Which Global IME branches are open in KTM during lockdown?
    Also what are the opening hours?
    does every branches of Global ime bak opens in this lockdown?

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  • Ana Rai says: | April 09 2020 2:26pm

    Which branch of Global ime will be open tomorrow i.e. 10th April?

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  • Ana Rai says: | April 09 2020 2:25pm

    Which brach will be open tomorrow i.e. 10th april?

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  • Rajeev shrestha says: | April 08 2020 12:58pm

    If bank will not open in this time than how can we survive in this condition there is two way dead ,so u have to think about that ,region is not a corona its about our body if our body cant effort than how can we fight with corona

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  • Arpan rai says: | April 06 2020 2:25am

    I need to know the banks that is still operational during lockdown? I live around tinkune. And if ime are also operational then please let me know, sir , madam,? And opening hours also.

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  • Priya says: | April 03 2020 12:18am

    Is Nepal Sbi bank open in butwal? Please let me know I urgently need to do remittance for my family who is living in hotel as they are stuck due to lock down

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  • Avinaya bajracharaya says: | April 01 2020 7:25am

    How we can send money to our family if they are not in the ktm city
    Should be bank need to open because there are so many people in Nepal depends on transaction money from there husband then the don’t have food no money no gas how they can survive

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  • Sandra Fiedeldy says: | March 31 2020 5:56pm

    Which Global IME branches are open in KTM during lockdown?
    Also what are the opening hours?

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  • Kishore says: | March 30 2020 10:50am

    Will cheque clearing wil continue during lockdown time?

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  • Rajesh Raut says: | March 29 2020 12:22pm

    When open Bank i need money

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  • Bikas says: | March 25 2020 1:20am

    thank you for the info .

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