NRB mandates use of National ID for opening bank accounts

KATHMANDU: Nepal Rastra Bank (NRB) has directed all banks and financial institutions (BFIs) to facilitate the opening of bank accounts using the National ID number. This directive aligns with the government notification published in the Nepal Gazette on 24 June 2024, announcing the mandatory use of National ID numbers for opening bank accounts starting from January 14, 2025.

This initiative aims to incorporate the National ID card into banking and financial services. The Department of National ID and Civil Registration has implemented measures to ensure easy access to National ID cards, which can be obtained at district administration offices. Additionally, temporary offices in the Kathmandu Valley have been set up for National ID card distribution.

To streamline this process, citizens can check their National ID number and application status via the Citizen Portal.