About connectIPS

connect IPS is a single payments platform that allows the customers to link their bank account(s) to enable payment processor, fund transfer and biller payments. An extended product of Nepal Clearing House to support  citizen-to-government (C2G), customer-to-business (C2B) and peer-to-peer (P2P) payment transactions directly from/to the bank accounts. This is available on both web channel and mobile app.

         53

NCHL-ECC Members 

         53

NCHL-IPS Members

      51

connectIPS Members

 

 

connectIPS Mobile Banking Fund Transfer Bonanza

Now make free* fund transfers from mobile banking with connectIPS option or from the mobile app of connectIPS, 3 lucky winners will get a chance to win Smartphone. Also 10 lucky winners will get a chance to get Rs.1,000 every week. The offer will be valid from 20th  Ashoj till 25th Kartik 2078.

Weekly winners will be announced on every Monday from official platforms of NCHL through random selection of the users who have done fund transfer throughconnectIPS (mobile app and/or mobile banking). Weekly prize will be credited to the same bank account from which the fund transfer was done.

 

How to do fund transfer from mobile banking app using connectIPS?

  • Open and Login into your mobile banking app
  • Select the Fund Transfer or Send Money service
  • Choose the connectIPS option
  • Fill the required details and transfer fund

(You do not require separate connectIPS user details to do fund transfer from mobile banking app.)

How to do fund transfer from mobile app of connectIPS?

  • Login into connectIPS mobile App using your Username and Password
  • Choose from the available options under Fund Transfer (connectIPS user, Bank account or Favorite Account)
  • Fill the required details and transfer fund
  • Recheck the details and use your Transaction Password and/or OTP received in registered mobile number and e-mail
  • Click on Submit to complete the fund transfer

 

connectIPS fund transfer is available in mobile banking of which all banks and financial institutions?

Agriculture Development Bank Ltd.

Excel Development Bank Ltd.

Best Finance Co. Ltd.

Bank of Kathmandu Ltd.

Garima Bikas Bank Ltd.

Central Finance Ltd.

Century Bank Ltd.

Green Development Bank Ltd.

Goodwill Finance Ltd.

Citizens Bank Ltd.

Jyoti Bikash Bank Ltd.

Guheshwori Merchant Banking & Finance Ltd.

Civil Bank Ltd.

Kamana Sewa Bikas Bank Ltd.

ICFC Finance Ltd.

Everest Bank Ltd.

Lumbini Bikas Bank Ltd.

Manjushree Finance Ltd.

Global IME Bank Ltd.

Mahalaxmi Bikas Bank Ltd.

Progressive Finance Ltd.

Himalayan Bank Ltd.

Miteri Development Bank Ltd.

Samriddhi Finance Co. Ltd.

Kumari Bank Ltd.

Muktinath Bikas Bank Ltd.

 

Laxmi Bank Ltd.

Shangrila Development Bank Ltd.

 

Machhapuchhre Bank Ltd.

Shine Resunga Development Bank Ltd.

 

Mega Bank Ltd.

Sindhu Bikas Bank Ltd.

 

Nabil Bank Ltd.

   

Nepal Bangladesh Bank Ltd.

   

Nepal Bank Ltd.

   

Nepal Credit & Commerce Bank Ltd.

   

Nepal Investment Bank Ltd.

   

NIC Asia Bank Ltd.

   

NMB bank Ltd.

   

Prabhu Bank Ltd.

   

Prime Bank Ltd.

   

Rastriya Banijya Bank Ltd.

   

Sanima Bank Ltd.

   

Siddhartha Bank Ltd.

   

Sunrise Bank Ltd.

   

 

 

Terms & Conditions:

- This offer valid from *(20 Ashoj to 25 Kartik 2078) only.

- This offer is only valid for successful fund transfer from connectIPS app, or from mobile banking of BFIs with connectIPS option available.

- The 10 lucky weekly winners will be announced at the end of each week.

- The prize amount is not transferrable and will be credited to the same bank account from which the fund transfer was done.

- The 3 grand prize winners will be announced after the end of the campaign.

- NCHL employees and his/her immediate family members are not be eligible to participate.

- NCHL reserves the rights to change some or all the terms.

 

 

connectIPS Mobile Banking Fund Transfer Bonanza

While doing fund transfers from mobile banking with connectIPS option or from the mobile app of connectIPS, 3 lucky winners will get a chance to win Smartphone. Also 10 lucky winners will get a chance to get Rs.1,000 every week. The offer will be valid from 3rd Ashoj till 27thKartik 2078.

Weekly winners will be announced on every Monday from official platforms of NCHL through random selection of the users who have done fund transfer throughconnectIPS (mobile app and/or mobile banking). Weekly prize will be credited to the same bank account from which the fund transfer was done.

 

How to do fund transfer from mobile banking app using connectIPS?

  • Open and Login into your mobile banking app
  • Select the Fund Transfer or Send Money service
  • Choose the connectIPS option
  • Fill the required details and transfer fund

(You do not require separate connectIPS user details to do fund transfer from mobile banking app.)

How to do fund transfer from mobile app of connectIPS?

  • Login into connectIPS mobile App using your Username and Password
  • Choose from the available options under Fund Transfer (connectIPS user, Bank account or Favorite Account)
  • Fill the required details and transfer fund
  • Recheck the details and use your Transaction Password and/or OTP received in registered mobile number and e-mail
  • Click on Submit to complete the fund transfer

 

connectIPS fund transfer is available in mobile banking of which all banks and financial institutions?

Agriculture Development Bank Ltd.

Excel Development Bank Ltd.

Best Finance Co. Ltd.

Bank of Kathmandu Ltd.

Garima Bikas Bank Ltd.

Central Finance Ltd.

Century Bank Ltd.

Green Development Bank Ltd.

Goodwill Finance Ltd.

Citizens Bank Ltd.

Jyoti Bikash Bank Ltd.

Guheshwori Merchant Banking & Finance Ltd.

Civil Bank Ltd.

Kamana Sewa Bikas Bank Ltd.

ICFC Finance Ltd.

Everest Bank Ltd.

Lumbini Bikas Bank Ltd.

Manjushree Finance Ltd.

Global IME Bank Ltd.

Mahalaxmi Bikas Bank Ltd.

Progressive Finance Ltd.

Himalayan Bank Ltd.

Miteri Development Bank Ltd.

Samriddhi Finance Co. Ltd.

Kumari Bank Ltd.

Muktinath Bikas Bank Ltd.

 

Laxmi Bank Ltd.

Shangrila Development Bank Ltd.

 

Machhapuchhre Bank Ltd.

Shine Resunga Development Bank Ltd.

 

Mega Bank Ltd.

Sindhu Bikas Bank Ltd.

 

Nabil Bank Ltd.

   

Nepal Bangladesh Bank Ltd.

   

Nepal Bank Ltd.

   

Nepal Credit & Commerce Bank Ltd.

   

Nepal Investment Bank Ltd.

   

NIC Asia Bank Ltd.

   

NMB bank Ltd.

   

Prabhu Bank Ltd.

   

Prime Bank Ltd.

   

Rastriya Banijya Bank Ltd.

   

Sanima Bank Ltd.

   

Siddhartha Bank Ltd.

   

Sunrise Bank Ltd.

   

 

Terms & Conditions of the Campaign:

  • The offer is valid from 3rd Ashoj to 27th Kartik, 2078.
  • The offer is valid for successful fund transfer from connectIPS App orfrom mobile banking of BFIs with connectIPS option available.
  • The 10 lucky weekly winners will be announced after the end of each week.
  • The prize amount is not transferrable and will be credited to the same bank account from which the fund transfer was done.
  • The 3 grand prize winners will be announced after the end of the campaign.
  • NCHL employees and his/her immediate family members will not be eligible to participate.
  • NCHL’s decision on the contest will be final and reserves the rights to change some or all the terms.

Government Transactions

Driving adoption of electronic payments in Nepal

Having to visit a tax office or its designated bank branch for tax payment or in that sense any other Government service offices for a payment is a pain taking activity with lots of hassles. This is now at a crossroad of being a history in Nepal. Government of Nepal has taken an initiative for a fully integrated and automated e-payment of the transactions related to payouts and revenue collection. With successful rollout of the payout (G2B) transactions and soon to start with G2C transactions, the GoN is now adopting the e-payment for revenue collection also.

No more paper work and less of moving around at the counters carrying cash or cheque he/she for such payments. The customer will now be able to enter all its revenue details from the integrated web portal and its application of the revenue collecting division and once the customer is ready to pay,  just needs to select connectIPS as payment option and pay directly from its linked bank account.

Currently available for revenue payments (tax/ non-tax) to the Government of Nepal through Financial Controller General Office (www.rajaswa.fcgo.gov.np, www.revenue.fcgo.gov.np), Inland Revenue Division (www.ird.gov.np) and Public Service Commission – Lok Sewa (www.psconline.psc.gov.np), this is planned to be extended to other divisions of the government as well. Such P2G payments could also be processed directly from www.connectips.com or its mobile app (https://goo.gl/hCvs3j for Android and https://itunes.apple.com/us/app/connectips/id1449940087?ls=1&mt=8 for IOS)

This initiative by the Government of Nepal will improve operational efficiency, reduce cost, better public services and  increase financial transparency. And most importantly, this is expected to drive the  adoption of electronic payments in Nepal.

For creating user and linking bank account, click here. 

 

Self Verification feature enabled Banks and Financial Institutions and their Limit for self verified accounts

 

Commercial Banks 

Banks Daily Limit (NRs.) Monthly Limit (NRs.)
Citizens Bank Limited 1,00,000 10,00,000
Everest Bank Limited 1,00,000 10,00,000
Global IME Bank Ltd 1,00,000 10,00,000
Himalayan Bank Ltd 1,00,000 20,00,000
Laxmi Sunrise Bank Ltd 10,00,000 1,00,00,000
Machhapuchchhre Bank Limited 20,00,000 999,999,999
Nabil Bank Limited 5,00,000 20,00,000
Nepal Bank Limited 1,00,000 10,00,000
NIC Asia Bank Limited 2,00,000 10,00,000
NMB Bank Limited 1,00,000 10,00,000
Prabhu Bank Limited 1,00,000 10,00,000
Prime Commercial Bank Limited 1,00,000 10,00,000
Sanima Bank Limited 1,00,000 10,00,000
Standard Chartered Bank Nepal Limited 20,00,000 999,999,999

 

Development Banks 

Banks Daily Limit (NRs.) Monthly Limit (NRs.)
Muktinath Bikas Bank Ltd 1,00,000 10,00,000
Garima Bikas Bank Ltd
1,00,000 10,00,000
Jyoti Bikas Bank Ltd 1,00,000 10,00,000
Kamana Sewa Bikas Bank Ltd 1,00,000 10,00,000
Lumbini Bikas Bank Ltd 1,00,000 10,00,000
Shine Resunga Development Bank Ltd
1,00,000 10,00,000

 

Financial Institutions 

Finance Companies Daily Limit (NRs.) Monthly Limit (NRs.)
ICFC Finance 20,00,000 99,99,99,999
Manjushree Finance 1,00,000 10,00,000

 
For self-verification related FAQs, please click here