NMB Janmabhumi Bachat Khata-IPO is primarily aimed at remitters who actively engage in IPO investments. This product streamlines the IPO application process, offering a hassle-free experience for investing in their home country. This enhancement brings added value to their hard-earned money while also making the investment process more efficient.
Nepalese individuals working abroad (remitters) and their immediate family members.
• Completely filled Personal Account Opening Form
• Copy of Citizenship Certificate
• One passport size photograph
• Declaration Form/ Manjurinama for no remit account in other banks and to credit only remit transactions.
• Valid work permit issued by GoN.
• Other normal savings account to be opened simultaneously. Declaration letter from other bank for remittance account closure (In case of Remittance Account fund transfer from other banks).
Documentation for Deposit:
• Swift Remittance Documents/ Proof
• Receipt of international remittance with account number mentioned mandatorily (soft copy allowed). Bank statement support required.
• For remittance amount received directly through NMB Sulav Remit, details/proof shall be generated from the remittance system itself by respective branch.