About Us

Development Banking Sector remained dominated by government owned bank for more than five decades. With the liberalization of economy private sector started to promote development banks obtaining license from Nepal Rastra Bank, the central Bank of Nepal. Excel Development Bank Limited is licensed by Nepal Rastra Bank under banking and financial Regulation Act 2061.The bank is promoted by a group of experienced and highly motivated individuals from all walks on life. The promoters include; professional bankers, Entrepreneurs, Educationalists and Technocrats.

The bank’s central office is located in Birtamode, Jhapa, the far eastern part of Nepal. At present the banks working area is in Illam, Jhapa, Morang, Sunsari and Panchthar districts. The bank is committed to deliver its services to the customers through easy banking procedures. Since the bank is located in the rural area, it indicates to serve the need of common people by providing simple yet modern banking facilities. It is transparent in its approach and workings.

The bank gives true value of the depositor’s money by providing a competitive interest rate. Furthermore, it encourages the entrepreneurs to increase their capacity in productive sectors. The bank aims to be engine of development with its reliable and trustworthy banking services-Excel Development Bank Ltd. strives to achieve excellence in the banking sector through its customer friendly approach. – Read More






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Banking Hours

Normal Season
From Magh 16 to Kartik 15
Winter Season
From Kartik 16 to Magh 15
Sunday 10:00AM – 5:00PM Sunday 10:00AM – 4:00PM
Monday 10:00AM – 5:00PM Monday 10:00AM – 4:00PM
Tuesday 10:00AM – 5:00PM Tuesday 10:00AM – 4:00PM
Wednesday 10:00AM – 5:00PM Wednesday 10:00AM – 4:00PM
Thursday 10:00AM – 5:00PM Thursday 10:00AM – 4:00PM
Friday 10:00AM – 4:00PM Friday 10:00AM – 3:00PM
Saturday Closed (until next notice) Saturday Closed (until next notice)
Public Holiday  Closed (until next notice) Public Holiday  Closed (until next notice)

Why Choose Us?

  • Continued Counter from 10:00am to 5:00pm
  • Fast and reliable services
  • Easy Loan Processing
  • Maximum Return in Saving Accounts
  • Insured Deposit Accounts
  • VISA Debit Cards with EMV Chips, which can be used within Nepal, India, and Bhutan.
  • Free Cash Withdrawn all over Nepal within the VISA Network.
  • Low Card Issuance Fee.
  • Electronic Cheque Clearing (ECC) and Interbank Payment System (IPS)
  • Mobile Banking: SMS Alert System, Utility Payments, eSewa, Recharge, and Many More.
  • Safe Deposit Locker
  • Own ATM machine open from 6:00 am to 9:00 pm (in Birtamode)
  • Almost all Remittance Services.
  • Free ABBS.
  • 7 Days Banking (in certain branches)