Innovative Development Bank Limited

Registered on 20/12/2065 (BS), Innovative Development Bank Limited has obtained a ‘B’ class financial institution license from Nepal Rastra Bank. The bank registered as per the Bank and Financial Institution Act 2063 BS started its operation from 13th November 2009 (AD). Promoted by renowned and established businessmen, industrialists, bankers, doctors, engineers, lawyers, intellectuals, retired civil servant, etc. the bank is headed by a team of professionals having extensive banking experience and exposure. With its central office and initial services coverage area in Siddharthanagar Municipality of Rupandehi, the working area of the bank is Rupandehi, Nawalparasi and Chitwan district.


The bank with the mission and vision of becoming a national level development bank establishing as a leader in the regional level with its effective, efficient and modern banking services was established with the Authorized Capital of NPR 100 million and Paid Up NPR 100 million. The bank, in order to fulfill its mission and vision has come up with various products and services. Under its saving and deposit schemes, it has various attractive sub schemes such as Innovative Special Saving, Premium Saving, Senior Citizen and Pensioner Saving, Women Saving, Staff Saving, Farmer Saving, Shareholder Saving, Shareholder Family Saving, Share Investment Saving, Student Saving, Student Saving, Children Saving, Bal Sunaulo Bhawisya Saving, Remittance Saving, Innovative Opening Saving, Dampatya Saving and Call Deposit. The loan schemes that the bank offers are Industrial Loan, Agriculture Loan, Business Loan, Hire Purchase Loan, Housing Loan, Land Purchase and Development Loan, Foreign Employment Loan, Education Loan, Overdraft Loan, Deprived Sector Loan, Others Loan and Loan against Fixed Deposit.

The bank with the plans to extend its banking activities and services in the working area in a phase wise manner also provides other services such as Remittance, ATM and Debit Cards, Inter Bank Payment System and Bank Guarantee. Innovative Development Bank Limited, in order to facilitate its customers with convenient Remittance services has collaborated with different money transfer services.

The bank, for the convenience of its valued clients and customers, has established seven branch offices at various locations and plans to further extend its branch offices at different places. Presently, its branch offices are situated at Amuwa – Rupandehi, Butwal, Chormara – Nawalparasi, Belchowk – Narayangarh, Majhgawa – Rupandehi, Beltari – Nawalparasi with its central office at Siddharthnagar, Rupandehi.

For further details, contact:

Innovative Development Bank Limited
Siddharthnagar – 5, Rupandehi, Bhairahawa
P.O. Box: 47
Tel: +977-71-526301/2
Fax: +977-710526303