Commercial bank refers to a bank, or a division of a large bank, which more specially deals with deposit and loan services provided to corporations or large/middle sized business.

Functions, Duties, and rights

• Accepting deposit with or without interest and repaying them with various financial instruments.
• Accepting deposits , making payments, having transactions, provide intermediary services and transfer funds through various electonic medium.
• Disbursement of credit.
• Disburse loan on the guarantee of foreign bank or FI.
• Issuing shares, debenture, bond and so on to meet the capital fund subject to the limitations,conditions or directives issued by the rastra bank.
• Issuing , accepting , paying, discounting or pruchasing and selling letters of credit , bills of exchange, promissory notes, cheques, traveles cheques or othter financial instruments.
• Foreign currency transactions subject to the prevailing laws.
• Purchasing , selling or accepting bonds issued by NRB and GON.
• Remitting or transmitting funds to different places within or outside Nepal and receive remittance from aboard to make payment thereof.
• Carrying on off balance sheet transactions.
• Carry out other functions as prescribed by Rastra bank.