Agricultural Development Bank Ltd Charikot Branch

The Agricultural Development Bank Ltd. (ADBL) plays a vital role in promoting agricultural productivity and rural development in Nepal. Established in 1968 under the ADBN Act of 1967, the bank succeeded the Cooperative Bank with the primary goal of providing institutional credit to enhance agricultural production across the country. Agricultural Development Bank Ltd Charikot Branch is located in Dolakha

In 1973, ADBL expanded its capacity by merging with the Land Reform Savings Corporation. This strategic move strengthened the bank’s outreach and financial capabilities. Over the years, amendments to the founding Act empowered ADBL to broaden its services. It began offering credit to small farmers through group liability mechanisms, ensuring that even marginalized farmers could access financial resources.

In addition to agricultural lending, Agricultural Development Bank Ltd Charikot Branch started financing cottage and small-scale industries. This initiative helped promote rural entrepreneurship and reduce the migration of youth from rural to urban areas by creating job opportunities within communities. To further support economic development, the bank diversified into commercial banking activities. This allowed ADBL to mobilize domestic resources efficiently and offer a wider range of financial services, including savings, remittances, and business loans.

With its extensive network of branches across the country, ADBL has become a key institution in Nepal’s financial and rural development landscape. The bank has consistently worked towards reducing poverty by supporting agriculture, micro-enterprises, and cooperative organizations.

ADBL continues to innovate and adapt to the changing financial needs of the country. Through its commitment to inclusive banking and rural empowerment, the bank has built strong trust among farmers and rural communities. Its SWIFT code, ADBLNPKA, enables secure international transactions, enhancing its operational reach beyond national borders.

Today, ADBL stands as a leading development and commercial bank, dedicated to driving Nepal’s agricultural and economic transformation.