How to Close Nepal Investment Bank Account?

Using bank accounts is very easy no matter in which bank you hold your account. But when you want to open or close one then you need to take care of a few things. And in this guide of mine, I will tell you the steps you need to follow to close Nepal Investment Bank account.

This bank is also famously known as NIBL in Nepal. Before you approach the bank to close the account. You have to make sure that there is no negative balance in your account. Because if you have any then the NIBL will not allow you to start the process until you clear it all.

The next thing is once the closing process starts you can not use the account in any way. So make sure you have an alternative bank account ready with you. If you don’t have another account to use. Then you can choose any one of the banks operating in Nepal.

And open the account with it. If you want help in choosing the bank. Then you can refer to my article in which I have mentioned the questions you should ask your new bank before opening the account. The answers you receive from the bank will help you decided if the bank is right for you.

About Nepal Investment Bank (NIBL)

Logo of NIBL

Type Public
Founded February 27, 1986
Headquarters Kathmandu, Nepal
Number of Branches 80+
Number of ATMs 120+
Number of Employees 900+
Official Website

Steps to Close Nepal Investment Bank Account

Close Nepal Investment Bank Account

There is no online method to close your account in NIBL. So you will have to follow the offline method that I have mentioned below. If you have a joint bank account then you can refer to my linked article. Because this guide is for those who have an individual account with NIBL.

Steps to Close Nepal Investment Bank Account:
  1. Locate the nearest branch of Nepal Investment Bank near you.
  2. Collect your bank passbook, identity proof document, debit cards, and unused cheques.
  3. Visit the branch of your bank.
  4. Speak with the bank officials and tell them that you want to close your account.
  5. The officials will ask your name, account number, and the reason for the closure.
  6. Provide the details asked.
  7. Collect an account closure request form.
  8. Make your bank account balance zero.
  9. Fill the form, sign it, and submit it to the bank officials.

How to Contact the Bank?

You can contact the bank using the official website, by calling them and emailing them. I have mentioned all the contact information below. At the same time, I did not find any official social media profiles of the bank. So I have not mentioned any of them.

Contact Details of NIBL:


These are the steps you need to follow to close your NIBL account. Keep in mind that the bank may or may not charge you for the closure. So to get it confirmed I recommend you to contact the bank itself.

References Used:

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