Banepa (Nepali: बनेपा) is a municipality and historical town in a valley situated at about 1,500 m (4,900 ft) above sea level in central Nepal which is at about 25 kilometres (16 mi) east from Kathmandu.

The main attraction of Banepa is the temple of Chandeshwori, located approximately 1 km (0.62 mi) northeast of the town along the Rudramati River.

As it had trade relationship with Tibet from ancient period, Banepa is also known as "Bhont", "Bhonta", "Bhon dey (भोंदेय्)".

By early Lichchavi period (5th-8th century), settlements existed at Sanga (Sangagrama), Banepa, Nala, Panauti, Khopasi, Palanchowk, Dumja and probably Dolakha, Lele (Lembatidrangga), Chitlang valley and even up to Gorkha.

After having had the favours and directions of goddess Chandeshwori, King Anandadeva Malla founded seven villages: This old town is located at the central part of the city.

Along with this, King Ananda Dev Malla also built wells and taps for providing the people of Banepa with the good source of water.

Due to the connection of Banepa with other places through roadways, about 300 buses, minibuses, cars, trucks, motorcycles altogether are helping in the transportation in a day.

In the boundary of three municipalities of Kavrepalanchowk District, namely; Banepa, Dhulikhel and Panauti, the country's only IT Park is being constructed.

[7] In terms of ethnicity/caste, 32.6% were Hill Brahmin, 24.8% Newar, 20.5% Chhetri, 10.0% Tamang, 2.2% Magar, 1.7% Sarki, 1.4% Gharti/Bhujel, 1.4% Kami, 1.1% Damai/Dholi, 0.7% Sanyasi/Dasnami, 0.5% Rai, 0.4% other Dalit, 0.4% Gurung, 0.3% other Terai, 0.2% Musalman, 0.2% Teli, 0.2% Thakuri, 0.2% Tharu, 0.1% Danuwar, 0.1% Kalwar, 0.1% Limbu, 0.1% Majhi, 0.1% Yadav and 0.1% others.

Despite being a small town, Banepa is highly developed and serves as the major economic center east of Kathmandu.

[citation needed] Banepa is home to several notable educational institutions and a teaching hospitals.