}

Citizens Visa Credit Card (Rupee)

Citizens Visa Credit Card (Rupee) will be issued in Nepalese Rupees. The Citizens Visa Credit Card (Rupee) shall be accepted as a mode of payment at Visa merchant locations and ATMs in India, Bhutan and Nepal.

Features:

  • Accepted as mode of payment at Visa merchant locations and ATM within territory of Nepal, India and Bhutan.
  • Flexible payment option (NPR 1,000 or 10% of balance whichever is higher to 100% of balance)
  • Service charge free credit period from 15 to 45 days
  • Lowest service charge rate in the industry for revolving credit only 24% per annum.
  • Credit limit from NPR 20,000 to NPR 250,000.
  • Cash limit will be 90% of credit limit.

Eligibility:

  • Any Nepalese citizen aged of 18 to 60 years may apply for this card.
  • Salary certificate not more than 2 months old provided by the employer on official letterhead signed by Manager (Finance) or equivalent for Salary Individuals.
  • Self declared income supported with professional credentials for Self Employed professionals.
  • In service for minimum of 2 years and in service for at least 6 months with current employer for Salary Individuals. In case of self employed individual business entity should be in profitable operation for at least two years.

Citizens Visa Credit Card (USD)

Citizens Visa Credit Card (USD) will be issued in USD accepted worldwide in Visa merchant location and ATM. Any Nepali citizen having foreign currency income is eligible to apply for Citizens Visa Credit Card (USD).

Features:

  • Accepted as mode of payment in all Visa merchant locations and ATM in USD accepted worldwide.
  • Flexible payment option (10% of the limit utilization or as specified by the card holder. Any additional payments as requested by the card holder can be entertained.)
  • Service charge free credit period from 15 – 45 days
  • Lowest service charge rate in the industry for revolving credit only 24% per annum.
  • Credit limits USD 1,000 to USD 5000.
  • Cash limit will be 50% of credit limit

Eligibility:

  • Any Nepalese citizen aged of 18 to 60 years may apply for this card.
  • Salary certificate not more than 2 months old provided by the employer on official letterhead signed by Manager (Finance) or equivalent for Salary Individuals.
  • Any Nepali citizen having foreign currency income with the documents evidencing FCY income source.

Documentation required availing Citizens Credit Card Facility:

  • Passport Size Photographs of Cardholder (2 Copies).
  • Copy of Citizenship Certificate/Passport of Cardholder
  • Accreditation Certificates (Like NMC, NEC, ICAN etc.) if any.
  • Personal PAN of the Cardholder.
  • Photocopy of Registration, PAN/VAT Certificate and/or license from concern authority (if applicable).
  • Memorandum and Articles of Association, Board Resolution to Borrow, paper disclosing percentage of ownership/shareholding, Partnership Deed.
  • A letter from employer disclosing the current position/designation and total salary not less than 2 months old or bank account statement showing last two salary credits.
  • Financial Statement of last two years.
  • Copy of blue book of existing vehicles.
  • Copy of Bank Account Statement for last six to twelve months.
  • Loan application form duly filled and signed.
  • Photocopy of “Land/Apartment Ownership Certificate (Lal Purja)” for KYC purpose.

  • Fee and Charges


    S.N Particulars Rupee Card (Rs.) USD Card (USD)
    1 Card issuance Fee 750 20
    2 Annual/Renewal Fee 750 20
    3 Replacement Fee 500 10
    4 Supplementary Card Fee 750 20
    5 Pin re-generation Fee 100 1
    6 E-Commerce Activation Fee 100 1
    7 Limit enhancement Fee 500 5
    8 Late payment Fee 300 or 1% of monthly due whichever is higher 5
    9 Over limit fee (Up to 10% of Credit Limit) 300 5
    10 Cash withdrawal from own ATM 100+2% of txn USD1+2% of txn
    11 Stop Withdrawal 50 0.75
    12 Balance Inquiry from Own ATM 0 0
    13 PIN Change from Own ATM 0 0
    14 Mini Statement from Own ATM 0 0
    15 Cash withdrawal from other bank ATM/Cash Advance 200+2% of txn USD 5 +2% of Txn
    16 Balance inquiry from other ATM 50 USD 0.75
    17 Interest 2%/month 2%/month