Civic Development Bank Limited (CDBL)

Update: The bank was acquired by Muktinath Bikash Bank Limited in 2015.

First development bank in Dhading district, Civic Development Bank Limited (CDBL) was established on 2066 BS with the aim of delivering comprehensive banking services to the esteemed customers by the collective efforts, experts, professors, professional bankers, pioneer of cooperative movement, engineers, advocates and other professionals with excellent track record and high social profile. The major concern of the bank is to contribute on rural development through diversified range of banking products and services.

With a belief on offering of quality service to the customers, generating maximum return to shareholders, providing competitive incentives to employees, ensuring compliance of prudential norms to regulators and serving community as well, CDBL’s efforts are focused to reach to unattended and unaware savers of the remote area of the region by advising them to get maximum benefits of their resources from the competitive financial market and to encourage potential investors and experts to invest into the productive and employment generating sectors by providing them financial support for implementing new business ideas and techniques.


The vision of the bank is to lend hand to the people of banking reach and provide them high tech and high touch service to achieve the corporate mission and become a market leader in the financial sector of the region and be a pioneer development bank of trust. The bank considers being recognized as an excellent development bank by offering innovative and comprehensive product range as its major mission. The main objective of the bank is to deliver financial services and maintain social responsibility through effective and use of human and technical resources and generate profit for the shareholders and its stakeholders.

To meet its objectives and mission, Civic Development Bank Limited has brought various products and services on offer such as Normal Saving Account, Special Saving Account, Shareholder Saving Account, Nari Saving Account, Bal Bachat, Education Saving Account, Karmik Saving Account, Remittance Saving Account, Employees Saving Account, Business Saving Account, Fixed Deposit and Sanchay Kosh Saving Account under its saving and deposit schemes and Agriculture Loan, Business Loan, Hire Purchase Loan, Personal Loan, Home Loan, Overdraft Loan, Deprived Sector Loan, Education Loan, Foreign Employment Loan, Service Industry Loan, Gold and Silver Loan, Medical Treatment Loan and Without Collatoral Loan. Besides these, other services provided by the bank includes free ABBS (Any Branch Banking Service), Indian currency exchange, NEA bill payment, Remittance, Micro-finance, daily collection, bank guarantee, utility payment, etc. The bank has two branch offices and an extension counter at Baireni, Arughat and Puchar Bazar.

The bank was acquired by Muktinath Bikash Bank Limited in 2015.