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 09:45AM – 5:00PM Sunday  09:45AM – 4:00PM
Monday 09:45AM – 5:00PM Monday  09:45AM – 4:00PM
Tuesday  09:45AM – 5:00PM Tuesday  09:45AM – 4:00PM
Wednesday  09:45AM – 5:00PM Wednesday  09:45AM – 4:00PM
Thursday  09:45AM – 5:00PM Thursday  09:45AM – 4:00PM
Friday  09:45AM – 3:00PM Friday  09:45AM – 3:00PM
Saturday 10:00AM-01:00PM* Saturday 10:00AM-01:00PM*
Public Holiday  10:00AM-01:00PM* Public Holiday  10:00AM-01:00PM*

*Limited Branches: Birtamode, Ilam, Surunga, Budhabare, Shanischare, Shivagunj, Bhadrapur, Fikkal, Biratnagar, Damak, Kakarvitta, Rajgadh, Mangalbare, Baniyani, Letang, Inaruwa, Gaurigunj

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)