About Excel Development Bank
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, Panchthar and Rampur 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.
Mission
To be a national level development bank focusing on modern banking for the sustainable financial solution by providing qualitative and fast banking services to people by connecting the whole community.
Vision
To be STRONG Bank for excellent banking services in community.
Our Objectives
As the first provincial development bank of Koshi province, we are commited to provide long-term and short-term financial resources to economically viable and productive businesses involved in agriculture, industry, services, trade, energy, environment-friendly technology and other sectors, and is a potential project run by areas under disadvantaged families or groups. Our objective is to established as a major financial institution by Raising the standard of living of the people by providing loans to businesses at subsidized interest rates, Keeping the customer at the center, providing timely banking services and facilities in a fast and efficient manner, and promoting good governance and social responsibility, supporting the development of the economic and social sector.