Garima CorporatePay
A smart and secure corporate payment platform for business customers of Garima Bikas Bank Limited, enabling seamless digital payments from linked bank accounts through real-time and non-real-time channels.
Overview
Garima CorporatePay is a business payment platform integrated with Garima Bikas Bank Limited through Nepal Clearing House Limited (NCHL). It allows corporate clients to make secure digital payments directly from their bank accounts. The platform supports real-time payments through connectIPS and non-real-time payments through NCHL-IPS, making it suitable for both routine and high-value business transactions.
Key Services
Core business payment services available through the Garima CorporatePay platform.
Fund Transfers
Transfer funds securely to beneficiaries through linked payment channels and banking systems.
Salary & Bulk Payments
Process salary disbursement and other bulk payments efficiently through a controlled workflow.
Vendor Payments
Pay suppliers and service providers digitally with better visibility and transaction control.
Government Tax Payments
Facilitates digital payment of taxes and mandatory obligations for business customers.
SSF / EPF / CIT Payments
Supports statutory contribution payments in a streamlined and digital format.
Approval-Based Processing
Enables secure initiator and approver workflow for better governance and authorization.
Benefits
Convenient digital business payment processing.
Less reliance on manual payment instruments.
Supports multiple roles and controlled approval structure.
Improves speed, visibility, and payment handling.
Useful for connected bank account management.
Transaction Limits
| Transaction Type | Maximum Limit |
|---|---|
| Off-Us Transaction | NPR 2,000,000 |
| On-Us Transaction | NPR 10,000,000 |
| Non-Real-Time Transaction | NPR 300,000,000 |
Fees
| Transaction Amount | Applicable Fee |
|---|---|
| Up to NPR 500 | NPR 2 |
| NPR 501 to NPR 50,000 | NPR 5 |
| Above NPR 50,000 | NPR 10 |
How to Get Started
A simple step-by-step onboarding flow for CorporatePay activation.
Register
Apply for CorporatePay enrollment through the portal or by contacting the Bank.
Submit Documents
Provide the required company, user, and authorization documents.
Setup Users
Configure users, roles, limits, and approval hierarchy as per requirement.
Start Transactions
Once activated, begin secure digital payments through the platform.
User Roles
Initiator
Creates and submits transactions into the workflow for further authorization.
Approver
Approves or rejects the initiated transactions based on assigned authority.
Admin
Manages user access, role configuration, and administrative controls.
Required Documents
Please arrange the following documents for enrollment and activation of the service.
General Documents
- CorporatePay Enrollment Form
- Cover Letter on Company Letterhead
- Board Resolution for subscription of the service
- Company Registration Certificate
- PAN / VAT Certificate
- Operating License, if applicable
- Shareholding Pattern
- List of Directors
- Latest Tax Clearance Certificate
- Indemnity Letter
User / Authorization Details
- KYC documents of users
- Citizenship / Government-issued ID
- User ID, Mobile Number, and Email Address
- Authorized person details
- Approved transaction limits
- Two-layer authorization structure
- Any additional documents based on organization type
Grievance Handling Officer
Mr. Ishowari Prasad Dhakal
+977 9851350881 / 014545424 Ext: 153/155 gunaso@garimabank.com.np9.00%
Less Than 2 Cr
Individual Deposit (2 Yrs < 30 Mth)9.00%
Less Than 2 Cr
Individual Deposit (2 Yrs < 30 Mth) More Rates Open Fixed Deposite