As Nepal eagerly awaits the arrival of New Year 2081, Garima Bikas Bank Limited (GBBL) delights its customers with a special cashback scheme, promising enticing rewards for debit and credit card users. With the aim of promoting cashless transactions and enhancing customer satisfaction, GBBL introduces a generous cashback offer of 20.81%, allowing users to earn up to Rs. 200 in cashback.
This exclusive scheme, scheduled to run from Baishakh 1 to Baishakh 3, 2081, offers customers the opportunity to maximize their savings while enjoying the convenience of digital banking. By incentivizing cashless payments, GBBL aims to foster a culture of financial inclusion and encourage the adoption of modern banking practices among Nepali consumers.
In addition to the cashback scheme, Garima Bikas Bank introduces credit card installment services, further enhancing the shopping experience for its valued customers. With flexible installment options, shoppers can now make purchases conveniently and manage their expenses effectively, reflecting GBBL’s commitment to delivering innovative and customer-centric financial solutions.
Headquartered in Lazimpat, Kathmandu, Garima Bikas Bank has established itself as a trusted provider of simple, secure, and high-quality financial services. Through its extensive network comprising 123 branch offices, 1 extension counter, and 51 ATMs nationwide, including 22 in the Kathmandu Valley, GBBL ensures accessibility and convenience for customers across the country.
Investment Management Nepal (IMN) P. Ltd. stands tall as one of Nepal’s most renowned and respected stock brokerage firms. From its inception, IMN has been steadfastly offering share buying and selling services to its loyal clientele, operating within the regulatory framework with offices in Kathmandu and Pokhara.
IMN has set itself apart in the course of its business journey by consistently delivering excellent service, swift response times, and punctual completion of tasks. With a robust commitment to serving both individual and corporate clients, IMN plays an integral role in facilitating seamless share transactions.
At IMN, our greatest asset is our dedicated workforce, ever-ready to meet the diverse needs of our clients. Our team is equipped with the knowledge, experience, and dedication required to ensure that our clients receive the highest quality service. We are unwavering in our commitment to providing the best possible service, reflecting our dedication to the success and satisfaction of our valued clients.
Dakshinkali Investment & Securities Pvt. Ltd. (DISPLTD) proudly holds its status as a distinguished member of the Nepal Stock Exchange, and it operates as a licensed and regulated stock brokerage company under the vigilant oversight of the Securities Board of Nepal. Since its establishment, DISPLTD has played an active and pivotal role in the trading of stocks of all firms listed with the Nepal Stock Exchange Ltd within the secondary capital market. This sustained involvement underscores our commitment to facilitating seamless transactions and investment opportunities for our valued clientele.
At DISPLTD, we have consistently excelled in meeting the varied needs of our customers by tailoring our brokerage services to their specific requirements. We firmly believe that no two investors are alike, and thus, our approach is both flexible and customer-centric. Whether you are an individual investor seeking to navigate the intricacies of the stock market or an institutional entity looking for strategic investment solutions, DISPLTD is equipped to deliver the personalized service you require.
Our dedication to client satisfaction is the cornerstone of our operations. We maintain an unwavering commitment to professionalism, transparency, and ethical conduct in every facet of our business. Our team, comprising highly qualified and driven individuals, serves as the driving force behind our success. With a deep understanding of the financial markets and a commitment to upholding the highest standards of integrity, our team members are poised to provide one-on-one assistance to our clients.
In conclusion, Dakshinkali Investment & Securities Pvt. Ltd. (DISPLTD) stands as a trusted and customer-centric entity within the Nepal Stock Exchange ecosystem. As a stock brokerage firm, we are driven by a relentless pursuit of excellence, grounded in professionalism and ethical conduct. With our dedicated and highly qualified team, we are committed to delivering the highest level of client satisfaction and fostering a transparent and prosperous investment environment.
Samsung, the leading smartphone brand in Nepal, has always brought innovation in mobile technology. They lead in foldable phones, 5G capabilities, and connected ecosystems.
The major telecoms NTC and Ncell use different frequency bands across Nepal. Samsung supports all common bands like 900MHz 2G, 2100MHz 3G, and 1800MHz 4G. In 2020, Samsung first added support for NTC’s 800MHz Band 20 LTE when VoLTE expanded.
Samsung devices work on all NTC and Ncell bands and frequencies:
900MHz 2G
2100MHz 3G
1800MHz 4G
800MHz Band 20 LTE
Samsung leads in supporting all Nepal telecom bands. Their foldable, 5G, and ecosystem innovations set industry standards. Samsung partners with NTC and Ncell to enable the latest mobile technology for Nepal.
Network
Ncell
Namaste
2G
Band 8 (900 MHz)
Band 8 (900 MHz)
3G
Band 1 (2100 MHz)
Band 1 (2100 MHz)
4G
Band 3 (1800MHz)
Band 3 (1800 MHz)
4G
Band 20 (800 MHz)
Telecommunications companies in Nepal strive to launch 5G networks. Commercialization of 5G technology by all mobile network operators enables faster internet speeds on 5G-enabled devices. Samsung readies users for 5G in Nepal. Since 2021, Samsung launched affordable 5G smartphones at various price points. Samsung partners with Nepali telecoms to introduce 5G. Recently, Samsung launched the low-cost Samsung Galaxy M14 5G smartphone. Samsung prepared a range of 5G-capable devices awaiting 5G network deployment. Samsung awaits Nepali mobile carriers launching 5G so devices activate 5G connectivity.
Key phrases included: telecommunications companies, Nepal, 5G networks, 5G technology, mobile network operators, faster internet speeds, 5G-enabled devices, Samsung, affordable 5G smartphones, Nepali telecoms, introduce 5G, low-cost 5G smartphone, 5G-capable devices, Nepali mobile carriers, 5G connectivity.
Sagarmatha Jalvidyut Company Limited’s initial public offering (IPO) was completed today at Prabhu Capital Limited’s Kamaladi headquarters.
Out of the total 43,68,000 units authorized for the general public, 10%, or 436,800 units, have already been issued and distributed to Nepalese people working abroad, 5%, or 218,400 units, have been put aside for mutual funds, and 3%, or 131,040 units, have been set aside for firm workers.
The remaining 35,81,760 units were distributed to the general population between the 8th and 12th Chaitra, 2079.
Following the IPO, the company’s paid-up capital will be Rs. 1.12 Arba. Moreover, the promoter-public share ratio would be 51: 49.
The problem has received 13,93,153 genuine applications.
You need to renew your driving license in Nepal every 5 years and it can be done through any Transport Management office.
Even though there are only a few steps to license renewal in Nepal, it almost takes 2 to 3 hours.
As offices are closed on weekends and so is the DOTM Nepal most of us need to take half a day or take leave from work just to renew our license.
This is also one of the main reasons why people get fined and have to pay late renewal fees.
Service
Driving License Renewal in Nepal
Issued By
Department of Transport Management
Validity
5 Years
Renewal Fee
Rs 1500
Fine After
90 days or more
Payment Methods
Cash
Application Mode
Offline
Official website
https://www.dotm.gov.np/
To renew your driving license in Nepal you will need to visit the Department of Transport Management office and follow the process below.
Receive token and EDL print
Provide Biometrics
Pass medical checkup
Calculate your fees
Payment
Receive receipt (Wait for license print)
As you already know Nepal has started implementing smart driving licenses including an option to upgrade for existing license holders.
This has hugely impacted DOTM’s printing and distribution timing, some are still waiting for their license after a year, so you might have to wait a little longer to receive your driver’s license.
But you will receive a receipt that can be used as a replacement until you receive your original renewed license.
Documents required to renew a driving license are
Citizenship original and photocopy
License original and photocopy
Step-by-Step Guide process to renew License in Nepal 2023
1. Receive token and EDL print
The first step is to take a token number for your license renewal, this is the waiting list. And receive your EDL print (license information) from room 101.
The room number might be different for different cities and offices.
2. Provide Biometrics
The second step is to give or verify your digital biometrics, if you have given your biometrics to DOTM then they will verify your digital fingerprint and if your information matches. You will be sent to the next step.
3. Medical checkup
The third step is to pass your medical, which is usually an eyesight and color blindness test. They will check if you can see properly or not.
If you fail this test then you might need to wear glasses and come back later.
4. Calculate your license fees
The fourth step is to calculate how much you need to pay to renew your license. This depends on your license type and if you are paying on time or not.
If you have to pay for renewal before 90 days of expiry then you do not have to pay a fine but if this exceeds then you will be fined. Check the table below for fines and fees.
5. Payment
The fifth step is to pay your fees, you need to fill out a bank voucher and deposit it.
6. Receive a receipt
After paying you need to wait for the receipt. After it is ready they will call you by name and give it to you.
You will receive two receipts. One is payment and the other (Pink) can be used as a license.
After this, you can go home, and to check your license print status you can check their official website.
About License Renewal fees in Nepal
The Department of Transport Management charges renewal fees to all Nepalese license holders after the expiry date.
As of 2023 Driving license renewal charges in Nepal start from Rs 1500 for two-wheelers, 2000 for small vehicles such as Cars and Jeeps, 2500 for heavy vehicles, and the highest will be Rs 3000.
These renewal fees are divided into categories of vehicles see the image below for more information.
How much is the fine for an expired license in Nepal?
The validity of your license in Nepal is of 5 years only and if you want to keep using it then you need to renew it accordingly.
If you fail to renew your license on time then you will have to pay a fine as high as 500% plus your actual renewal fees.
If you fail to renew your license within 90 days of expiry, you will be charged 100% until the first year and will keep on adding 100% as the year passes by.
How much is the fine for an expired license in Nepal?
You need to pay a fine of 100% to 500% in Nepal if you fail to renew your license on time.
After how many months will I have to pay fines for an expired license in Nepal?
The Department of Transport Management starts charging fines for driver’s licenses after 3 months or 90 days of their expiry.
Frequently Asked Questions on License Renewal
How much does it cost to renew a license in Nepal in 2023?
The entry fee for renewing a license in Nepal is Rs 1500, excluding other charges such as photocopies, photos, stamps, and application charges.
The cost of renewal depends on what type of license you own such as Bike, Car, and Big vehicle.
What happens if a driving license is expired?
If your license is expired, then you cannot drive in public spaces. Unless you renew your license and pay the government the renewal fee. Also if you are caught driving without a license then you will be fined and might get other punishments as well.
How to renew a driving license in Nepal?
Visit DOTM and follow the steps below to renew a license in Nepal.
1. Receive token and EDL print
2. Provide Biometrics
3. Pass medical checkup
4. Calculate your fees
5. Payment
6. Receive receipt (Wait for license print)
Can I renew my driving license online in Nepal?
Yes, you can renew your driving license online, visit the DOTM’s official website dotm.gov.np for more information and the application process.
Where can I renew my license in Kathmandu?
You can renew your license from The Department of Transport Management office in Kathmandu.
Where can I renew my license in Pokhara?
You can renew your Driving license from DOTM which is located in the Transport Management Office: Driving License, Prithivi Chowk, Pokhara
Do I need to pay fines for an expired license in Nepal?
You have 3 months or 90 days after your license expires, after this period you will be fined 100% for the first year.
What is the maximum validity of a license in Nepal?
In Nepal, the maximum validity of a Driving License in Nepal is of 5 years.
What document do I need to renew my license in Nepal?
Documents you need to renew your license in Nepal are a citizenship certificate, an expired driving license, and photographs.
Can I renew my license early in Nepal?
Yes, you can renew your driving license early in Nepal.
How to check the status of driving license renewal in Nepal
It is easy to check the status of your license, you can check it on your driver’s license. It has all the information including the expiry date.
How to renew a driving license that has expired more than 90 days in Nepal
You can renew your driving license as usual but as it has exceeded more than 90 days, you will be charged a 100% fine for it.
Sagarmatha Jalbidhyut Company Limited is launching an Initial Public Offering (IPO) of 35,81,760 unit shares to the general public today, 8th Chaitra, 2079. This issue’s early closing date is on the 12th Chaitra, and if it is not fully subscribed, it can be extended until the 22nd Chaitra, 2079.
Out of the total 43,68,000 units, 10%, or 436,800 units, have already been issued and allotted to Nepalese citizens working abroad, 5%, or 218,400 units, have been set aside for mutual funds, and 3%, or 131,040 units, have been set aside for company employees. The remaining 35,81,760 units will be available to the general public. The company’s pai
Sanima Middle Tamor Hydropower Limited will begin issuing 42,48,938 unit shares with a face value of Rs 100 on February 26th, 2079. This IPO is expected to generate Rs 42.48 crore for the company. This issue’s early closing date is 30th Falgun, and if it is not fully subscribed, it can be extended until 10th Chaitra, 2079.
Out of the total 49,98,750 units, 10%, or 499,875 units, have already been issued and allocated to Nepalese citizens working abroad, while 5%, or 249,937 units, have been set aside for mutual funds. The remaining 42,48,938 units will be available to the general public. Following the IPO, the company’s paid-up capital will be Rs. 3.33 Arba
olung Hydropower Company Limited’s initial public offering (IPO) will take place tomorrow, on the 19th of Falgun, 2079. The allotment program will begin at 10 a.m. on the premises of the issue manager, Sunrise Capital Limited, in Kamalpokhari.
From the 4th to the 10th Falgun, the company issued 22,64,655 units of Rs 100 face value shares to the general public in an Initial Public Offering worth Rs 22.64 crore. Out of the total 27,28,500 units, 10%, or 272,850 units, were already issued and allotted to Nepalese citizens working abroad, 2%, or 54,570 units, were set aside for company employees, and 5%, or 136,425 units, were set aside for mutual funds. The
Asian Hydropower Limited issued 6,97,200 units worth Rs 6.97 crore to the general public in an Initial Public Offering (IPO) (Magh 27- Falgun 2, 2079). Out of the total 840,000 units, 10%, or 84,000 units, have already been issued and allotted to Nepalese citizens working abroad, 2%, or 16,800 units, have been set aside for the company’s employees, and 5%, or 42,000 units, have been set aside for mutual funds. The remaining 6,97,200 units will be available to the general public.
On Sunday, or 14 Falgun 2079, is when Asian Hydropower Limited will distribute its first public offering (IPO) shares. From that day at 9 am, the allotment program would take place on the grounds of the issue manager, NMB Capital Ltd, in Naxal.
From the 27th Magh to the 3rd Falgun, the company distributed 6,97,200 units of shares with a face value of 100 rupees to the general public as part of an IPO. Of of the entire 840,000 units, 10%, or 84,000 units, have already been issued and allocated to Nepalese people living and working abroad. 2%, or 16,800 units, were set aside for the company’s employees, while 5%, or 42,000 units, of the total offered shares, were reserved for mutual funds.
