Kankai Bikas Bank Limited is registered at "Company Register Office" under Company act 2063 and is licensed by Nepal Rastra Bank under banking and financial act 2063 as 'B' class bikas bank.The bank started its operation since 2064 Baisakh 20. The bank is promoted by a group of experienced and highly motivated individuals from all groups. The promoters include; professional bankers, Doctors,Entrepreneurs, Educationalists and Technocrats. Besides, more number of promoters includes from damak muncipality.

The bank's central office is located in Damak muncipality, Jhapa,the mid eastern part of Nepal. At present the banks working area is Jhapa, Illam  & Morang districts. The bank is committed to ease the banking procedures to the customers through its quality services. Since the bank is located in the rural area, it is dedicated to serve those people who are deprived of banking facilities with simple but modernized banking system.Its gaining the popularity for quick simple banking.

The policy of the Bank is to create a relationship with the customer based on shared vision and mutual understanding for mutual benefit. It focuses in providing qualitative and diversified banking services backed by efficient personal approach at desired level.

Among the services rendered by "kankai bikas bank" include Collection of Deposits, Handling Remittance, Extending Loan and Advances and providing Bank Guarantees. It also provides 365 days Banking Service. Kankai promises to increasingly adopt newer banking technologies according to the demand of customers.The bank has established itself as an emerging player in financial sector with focus in customer service excellence maintaining excellent relationship with valued customers