Cards

Credit Card

Credit cards are an excellent way to manage your money. Credit card business stands on the principle of "buy now- pay later". It allows customers to buy goods and services based on the holder’s promise to pay for them later. Normally, it is issued based on the credibility of the individual applicants. This Card is accepted as a cash substitute for all kinds of purchases – be it hotel or flight bookings, bill payments, purchasing the latest gadgets, and online and retail shopping. You can pay for small-value and big-ticket items easily with your Prabhu Credit Card.

Features

Valid Only in Nepal, India & Bhutan

Pin refresh & card block/unblock through Digi Prabhu App

Convenient payment option of 10% ,25%, 50% (or minimum NPR 1,000) to 100% of outstanding amount

Interest free credit to maximum 45 days for purchase transactions.

Cash Withdrawal Limit as per NRB Directive (which is 10% of Credit Card Limit)

Can be used to draw cash from all Visa affiliated ATMs in Nepal

Accepted as the mode of payment at all Visa affiliated merchant locations (POS Outlets) and E-com within the territory of Nepal, India & Bhutan
Eco-Friendly Green PIN & 3D secures e-commerce online transaction
Credit cards limit up-to 1.5 times of monthly income / salary
E-statement service

Eligibility

Customers having a saving/current account in Prabhu are eligible for Prabhu Visa Credit Card.
Any Nepalese citizen with age of 18 years and above

Monthly salary income of NPR 10,000 or above

Documents required to apply for Visa Credit Cards:

Copy of citizenship / passport

Recent photograph

Salary Certificate, if salaried

Financial Statements, PAN copy, Business registered form copy, latest audit reports copy in case of self-employed

Income source documents for any other type of income source (for eg. House rent)

Duly signed Debit Authority

Corporate Guarantee (if required)

Duly completed application form

For existing loan customers, the details of credit card shall be recorded in credit file

Charges

Issuance charge NPR1000

Re-pin request NPR150

Annual charge NPR1000

Card Replacement/Reissue charge NPR1000

Limit Enhancement Fee NPR500

E-com activation charge: NIL

Cash withdraw Fees/Charges

Prabhu Bank ATM- NPR 100+2% of withdrawal amount

Other Bank ATM-NPR 150+ 2% of withdrawal amount

Balance inquires at Prabhu bank ATM- NIL

Balance inquires at other Bank Rs.50

Card Validity: 4 years

Late Payment: NPR 500 late fee per instance and interest @ 2.5% per month)

Billing date: 26th of every month

Payments date: 10th of every month

For further information, please contact Prabhu Bank Card Center
Head Office, Babarmahal Kathmandu
Email: credit.card@prabhubank.com
Phone: +97715719014, 9851114742

Toll free: 1660-010-7777