Guheshwori Merchant Banking & Finance Ltd
Pulchowk, Harihar Bhawan, Lalitpur, Nepal ·
A national-level Class "C" finance company in Nepal offering deposit, lending, remittance and digital banking services from its head office in Lalitpur.
Rates at a glance
Deposit rates
| Product | Type | Tenor | Depositor | Rate p.a. |
|---|---|---|---|---|
| Fixed Deposit | Fixed | 5yr+ | individual | 6.00% |
| Fixed Deposit | Fixed | 5yr+ | institutional | 4.50% |
| Fixed Deposit | Fixed | 3yr–59mo | individual | 4.00% |
| Remittance Savings | Remittance | — | individual | 3.80% |
| Fixed Deposit | Fixed | 1yr–35mo | individual | 3.50% |
| Fixed Deposit | Fixed | 3yr–59mo | institutional | 3.25% |
| Fixed Deposit | Fixed | 6mo–9mo | individual | 3.25% |
| Fixed Deposit | Fixed | 3mo–3mo | individual | 3.00% |
| Normal Savings | Normal Savings | — | individual | 2.80% |
| Fixed Deposit | Fixed | 1yr–35mo | institutional | 2.75% |
| Fixed Deposit | Fixed | 6mo–9mo | institutional | 2.75% |
Loan rates
| Product | Effective rate | Base | Premium |
|---|---|---|---|
| Deprived Sector Loan (Institutional) | 5.89%–7.89% | 5.89% | +0.00%–2.00% |
| Deprived Sector Loan (Personal) | 5.89%–10.89% | 5.89% | +0.00%–5.00% |
| Agriculture Loan | 5.89%–7.89% | 5.89% | +0.00%–2.00% |
| SME Loan | 5.89%–7.89% | 5.89% | +0.00%–2.00% |
| Loan Against Fixed Deposit (Coupon Rate + 2.5%) | 8.39%–8.39% | 5.89% | +2.50%–2.50% |
| Term Loan / Overdraft (Business) | 5.89%–9.89% | 5.89% | +0.00%–4.00% |
| Term Loan / Overdraft (Personal Type) | 5.89%–10.89% | 5.89% | +0.00%–5.00% |
| Other Loan | 5.89%–10.89% | 5.89% | +0.00%–5.00% |
| Fixed Interest Term Loan (1 to 2 years) | 8.00% (fixed) | 5.89% | — |
| Fixed Interest Term Loan (Above 2 to 5 years) | 10.00% (fixed) | 5.89% | — |
| Fixed Interest Term Loan (Above 5 years) | 11.00% (fixed) | 5.89% | — |
About Guheshwori
Guheshwori Merchant Banking & Finance Ltd (GMFIL) is a national-level Class "C" finance company incorporated on 5 March 2001, licensed by Nepal Rastra Bank on 10 June 2002 and commencing operations on 13 June 2002. It is professionally managed under a board including eminent bankers and a senior advocate (Chairman Yubaraj Bhandari), and is led by CEO Toya Raj Adhikari. As of FY24 it operated 23 branches across Nepal with paid-up capital of about Rs. 1,012 million (promoter:public ratio 51:49) and is listed on NEPSE under ticker GMFIL. The company is engaged in deposit mobilization, loans and advances, mortgage and corporate financing, remittance and e-banking services.
Source: www.gmbf.com.np
Contact
- Head office
- Pulchowk, Harihar Bhawan, Lalitpur, Nepal
- Phone
- 01-5437407, 01-5450406
- [email protected]
- Website
- https://gmbf.com.np
Products & Services
Deposits
11Fixed Deposit
Term deposit with tiered interest by tenure, paid quarterly or at maturity.
- 3 months: 3.50% p.a. (individual)
- 6-9 months: 3.75% p.a.
- 1 to below 3 years: 4.00% p.a.
- 3 to below 5 years: 4.20% p.a.
- 5 years and above: 6.00% p.a.
- Interest paid quarterly or at maturity
- Lower institutional rates (2.75%-4.50%)
Recurring Deposit
Regular periodic deposit scheme for 1 to 10 year terms.
- Interest 4.00% p.a.
- Tenure 1 year to 10 years
- Interest paid quarterly or yearly
Call Deposit
Flexible deposit with interest paid quarterly.
- Interest up to 1.40% p.a.
- Interest paid quarterly
General Saving
Standard savings account.
- Interest 2.80% p.a.
Guheswori Super Saving
Higher-yield savings account with tiered interest.
- Interest 2.80% - 3.25% p.a.
Privileged Saving
Savings account for privileged customers.
- Interest 2.80% p.a.
Senior Citizen / Women / Children Saving
Targeted savings account for seniors, women and children.
- Interest 2.80% p.a.
Old Aged Senior Saving
Savings account for elderly customers.
- Interest 2.80% p.a.
Employee Saving
Salary/savings account for employees.
- Interest 2.80% p.a.
Remit Saving / Remittance Account
Savings account for remittance recipients with bonus interest.
- Base interest 2.80% p.a.
- Additional 1% interest on remittance accounts
- Remittance must be received via banking channel
C-ASBA Saving
Savings account linked to share-application (ASBA) facility.
- Interest 2.80% p.a.
Loans
8Term Loan / Overdraft (Business)
Working-capital and term financing for businesses.
- Interest: Base Rate + up to 4%
- Base rate 6.60%
- Available as term loan or overdraft
Term Loan / Overdraft (Personal)
Personal-purpose term loan or overdraft.
- Interest: Base Rate + up to 5%
- Base rate 6.60%
Fixed Interest Term Loan
Term loan at a fixed interest rate by tenure.
- 1 to 2 years: 8.00% p.a.
- 2 to 5 years: 10.00% p.a.
- Above 5 years: 11.00% p.a.
Loan Against Fixed Deposit
Loan secured against the borrower's fixed deposit.
- Interest: deposit coupon rate + 2.5%
SME Loan
Financing for small and medium enterprises.
- Interest: Base Rate + up to 2%
- Base rate 6.60%
Agriculture Loan
Loan for agricultural activities.
- Interest: Base Rate + up to 2%
Deprived Sector Loan
Priority-sector lending for deprived segments.
- Institutional: Base Rate + up to 2%
- Personal: Base Rate + up to 5%
Consortium Loan
Large loan financed jointly with other institutions.
- Interest as per consortium decision
Cards
1Guheswori Debit Card
SCT chip-based debit card usable on SCT and VISA-member ATMs and POS in Nepal and India.
- EMV chip-based, highly secure
- Card validity 10 years
- Cash withdrawal limit NPR 50,000/day in Nepal
- Max NPR 20,000 per transaction; 10 txns/day
- Usable in India up to INR 15,000/day
- POS payments, mini statement, balance enquiry, PIN change
- Works on SCT and VISA member bank terminals
Digital & e-services
7Guheswori Smart App (Mobile Banking)
Mobile banking app for fund transfers, payments and account services.
- Internal, interbank, Fonepay Direct and connectIPS transfers
- Fund transfer up to NPR 100,000 per txn
- Daily limit NPR 300,000; monthly NPR 1,000,000
- Top-ups, merchant and bill payments
- Load funds to eSewa wallet
- Balance enquiry, statement by date, SMS alerts
- Branch/ATM locator and forex info
E-Banking (Internet Banking)
Internet banking for account info, transfers and bill payments.
- Account balance, statement and details
- GMBF-to-GMBF account transfer
- Mobile top-up and recharge pins
- Bill payments: electricity, water, internet, TV
- Insurance premium and air/movie ticket payments
- Application form submitted at branch; login emailed
GMBF Smart QR Teller
Scan-to-withdraw service for cash from teller counter via QR code.
- Scan QR at teller using Guheswori Smart App
- Provide trace ID to receive cash
- Per transaction up to Rs. 100,000
- Daily Rs. 300,000; monthly Rs. 1,000,000; 10 txns
- Available across all branches nationwide
- Reduces need for physical cards and cheques
GMBF SMS Alert
SMS notifications for account and transaction activity.
- Alerts for debit/credit transactions
- Account opening and FD maturity alerts
- Loan installment, overdue and expiry alerts
- OTP and mobile banking registration messages
- Activated same working day after form submission
NCHL Services (ECC / IPS)
Electronic cheque clearing and interbank payment services via Nepal Clearing House.
- Electronic Cheque Clearing (NCHL-ECC)
- Image-based MICR cheque processing
- Faster interbank cheque settlement
- Interbank Payment System (IPS)
RTGS (Real Time Gross Settlement)
Real-time settlement of high-value, urgent interbank transfers via NRB.
- Real-time, transaction-by-transaction settlement
- For high-value and urgent transactions
- Payments final and irrevocable once processed
- Hosted by Nepal Rastra Bank (connectRTGS)
Top-up Facilities
Mobile and utility recharge service (EPIN and pinless).
- NTC prepaid air time and postpaid
- Ncell air time, Smart Cell, UTL
- Broadlink, WorldLink/WorldCall recharge
- EPIN and pinless recharge options
Remittance
1Remittance Service
Domestic and international money transfer via authorized agents.
- Real-time transaction processing
- Fast and reliable service
- Competitive service charge
- Agents include Prabhu, IME, City Express, Himal, Samsara
- Also MoneyGram, Xpress Money, Western channels
- Domestic and international transfers
Other
3Safe Deposit Locker
Secure safe-deposit lockers in varying sizes for valuables.
- Available at Head Office and Bouddha Branch
- Smallest size A: deposit Rs. 6,000, rental Rs. 2,000/yr
- Largest size 4D: deposit Rs. 20,000, rental Rs. 8,000/yr
- Seven locker sizes available
- Service made available same day
C-ASBA
Centralized share application service for IPO/FPO/rights via blocked amount.
- Apply to IPO/FPO/rights by blocking funds in account
- Requires C-ASBA Registration Number (CRN)
- Linked with MeroShare online application
- Available at all GMBF branches
- Registration form submitted at branch
Depository Participant (Demat Account)
Demat account services to hold securities electronically.
- Open Demat account (individual/company)
- Dematerialization and re-materialization of securities
- Settlement of NEPSE and off-market trades
- Deposit bonus/right shares to BO account
- Pledging of dematerialized securities
- Available at all GMFIL branches
Digital & e-services
Deposit and loan rates effective Ashwin 2083, aggregated from the bank's published disclosures; card figures are indicative. Confirm with the bank before applying.