NRB Increases Deposit Limit in Digital Wallets Temporarily

Individuals will be able to make deposits up to 30 times a day during Dashain, Tihar and Chhath

Normally, 10 times is the daily limit. File photo

Nepal Rastra Bank (NRB) has decided to increase the deposit limit in digital wallets for individuals during Dashain, Tihar and Chhath festivals.

Issuing a circular on Monday, October 7, to payment service providers, the central bank said that the individuals would be able to make deposits in a digital wallet up to 30 times in a day, beginning Tuesday, October 8 to Thursday, October 17.

Normally, 10 times is the daily limit.

The temporary facility will be available again for individuals from the day of Lakshmi Puja on October 31 to Chhath on November  7, according to NRB. 

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