Reliance Finance Ltd
Reliance Bhawan, Kamaladi, Kathmandu-01, Kathmandu Metropolitan, Bagmati Pradesh, Nepal (PO Box: 20136) ·
Reliance Finance Ltd is a Nepal Rastra Bank-licensed Class "C" finance company offering deposit, loan, and digital banking services through a nationwide branch network.
Rates at a glance
Deposit rates
| Product | Type | Tenor | Depositor | Rate p.a. |
|---|---|---|---|---|
| Fixed Deposit | Fixed | 5yr+ | individual | 6.25% |
| Fixed Deposit | Fixed | 3yr–5yr | individual | 5.75% |
| Fixed Deposit | Fixed | 5yr+ | institutional | 5.25% |
| Remittance Savings | Remittance | — | individual | 5.00% |
| Fixed Deposit | Fixed | 3yr–5yr | institutional | 4.75% |
| Fixed Deposit | Fixed | 1yr–3yr | individual | 4.25% |
| Fixed Deposit | Fixed | 6mo–1yr | individual | 4.00% |
| Fixed Deposit | Fixed | 3mo–6mo | individual | 3.50% |
| Fixed Deposit | Fixed | 1yr–3yr | institutional | 3.25% |
| Fixed Deposit | Fixed | 6mo–1yr | institutional | 3.00% |
| Normal Savings | Normal Savings | — | individual | 2.75% |
Loan rates
| Product | Effective rate | Base | Premium |
|---|---|---|---|
| Home Loan | 6.99%–8.74% | 6.74% | +0.25%–2.00% |
| Auto Loan | 6.99%–8.74% | 6.74% | +0.25%–2.00% |
| Personal Loan | 6.99%–8.74% | 6.74% | +0.25%–2.00% |
| Business Loan | 6.99%–8.74% | 6.74% | +0.25%–2.00% |
| Education Loan | 7.99%–9.24% | 6.74% | +1.25%–2.50% |
| Agriculture Loan | 7.49%–9.24% | 6.74% | +0.75%–2.50% |
| Gold Loan | — | 6.74% | — |
| Hire Purchase Loan | 6.99%–8.74% | 6.74% | +0.25%–2.00% |
| Fixed Rate Personal Loan (Individual) | 13.00% (fixed) | 6.74% | — |
About Reliance
Reliance Finance Limited was incorporated in 2066 BS (2009 AD) and commenced operations on 18th Mangshir 2066 as the 84th finance company of Nepal under the Bank and Financial Institutions Act (BAFIA) 2063. Headquartered at Reliance Bhawan, Kamaladi, Kathmandu, it operates through around 21 branches across Nepal including New Road, Pokhara, Narayangarh, Besisahar, Kavre, Gorkha, Jhapa, Lalitpur and Rupandehi. Led by experienced banking and financial professionals, it is guided by the mission "Experience the redefinition of Service" and its shares are listed on the Nepal Stock Exchange under the symbol RLFL. For card/ATM services it has partnered with SmartChoice Technologies (SCT).
Source: reliancenepal.com.np
Contact
- Head office
- Reliance Bhawan, Kamaladi, Kathmandu-01, Kathmandu Metropolitan, Bagmati Pradesh, Nepal (PO Box: 20136)
- Phone
- +977-01-5361104, 5323117, 5361041, 5361167, 5903698
- [email protected]
- Website
- https://reliancenepal.com.np
Products & Services
Deposits
9RFL Normal Savings Account
A flexible everyday savings account with low minimum balance and attractive interest.
- Minimum balance NPR 100
- Interest 2.75% p.a., posted quarterly
- No withdrawal/deposit restrictions
- Free debit card first year
- Any Branch Banking Services (ABBS)
RFL Special Savings Account
A higher-interest savings account with a modest minimum balance.
- Minimum balance NPR 1,000
- Interest 3.00% p.a., posted quarterly
- No withdrawal/deposit restrictions
- Free debit card first year
- Any Branch Banking Services (ABBS)
RFL Super Savings Account
A high-interest account for high-net-worth individuals keeping a larger balance.
- Minimum balance NPR 25,000
- Interest 3.50% p.a., posted quarterly
- Targeted at high-net-worth individuals
- Free debit card first year
- Any Branch Banking Services (ABBS)
RFL Student Savings Account
A savings account designed to build banking habits among students.
- Minimum balance NPR 500
- Interest 3.50% p.a., posted quarterly
- For all students
- Free debit card first year
- Any Branch Banking Services (ABBS)
RFL Investor's Savings Account
A savings account targeted at share/IPO investors for maximizing returns.
- Minimum balance NPR 100
- Interest 3.00% p.a., posted quarterly
- Targeted at share/IPO investors
- Free debit card first year
- Any Branch Banking Services (ABBS)
RFL PWD Savings Account
A zero-balance savings account for differently-abled customers.
- Minimum balance NPR 0
- Interest 4.00% p.a., posted quarterly
- For differently-abled persons
- Free debit card first year
- Any Branch Banking Services (ABBS)
Individual Fixed Deposit
A lump-sum term deposit for individuals across varied maturities.
- Tenure 3 months to 5 years
- Interest approx. 3.50%-6.25% by tenure
- USD fixed deposits available
- Remittance FD pays 1% higher rate
- Loan against FD up to 80%
Corporate Fixed Deposit
A term deposit offering attractive rates to institutional depositors.
- For institutional depositors
- Varied maturity options
- Loan against FD up to 80%
Shareholder's / Sarathi / Dhaulagiri / Kanchanjunga / Everest / Gold / Diamond Savings Accounts
Additional themed savings variants sharing the common RFL savings template, differing mainly by interest rate and minimum balance.
- Quarterly interest posting
- Any Branch Banking Services (ABBS)
- Free debit card first year
Loans
10Home Loan
A loan to buy, construct, renovate or extend a home.
- Up to 70% financing (first-time buyers)
- Tenure up to 25 years
- Interest: Base Rate + 0.25%-2.00%
- Moratorium up to 12 months for construction
- EMI-based repayment
Auto Loan
Financing for new and reconditioned vehicles.
- For all fresh and reconditioned vehicles
- Tenure up to 7 years
- Interest: Base Rate + 0.25%-2.00%
- EMI on reducing principal balance
Hire Purchase Loan
Vehicle financing covering private, electric and public vehicles.
- Up to 60% FMV private/EV; 70% public
- Tenure up to 7 years
- Interest: Base Rate + 0.25%-2.25%
- Processing fee 1.25%
Education Loan
A loan for higher education at home or abroad.
- Up to 50% of fair market value
- Tenure up to 5 years
- Interest: Base Rate + 1.25%-2.50%
- Covers fees, books, stationery, instruments
Personal Loan
A loan to meet personal financial requirements.
- Up to 50% of fair market value
- Tenure up to 20 years
- Interest: Base Rate + 0.25%-2.00%
- Processing fee 1.25%
Business Loan
Financing for sole proprietorships, partnerships and companies.
- Up to 70% of fair market value
- Tenure up to 15 years
- Interest: Base Rate + 0.25%-2.00%
- Processing fee 1.25%
Share Loan
A loan against share holdings to fund share transactions.
- Financing up to 70% of valuation
- Tenure up to 1 year
- Interest: Base Rate + 1.50%-2.50%
- Processing fee 1.25%
- Requires demat statement
Agricultural Loan (Saral Krishi Karja)
A loan financing agriculture, livestock and agro-processing needs.
- Up to 50% FMV individual; 70% institutional
- Tenure up to 5 years
- Interest: Base Rate + 0.75%-2.50%
- Covers crops, livestock, agro-tools, forestry
FD Loan (Loan Against Fixed Deposit)
A quick loan using your fixed deposit receipt as collateral.
- Financing up to 90% of FDR value
- Interest up to 2% over FDR coupon rate
- For personal or business needs
Cards
1SCT-UPI Debit Card
An EMV chip debit card for ATM, POS and UPI use in Nepal and India.
- SCT-UPI network; usable in Nepal and India
- First card issuance free
- Annual maintenance NPR 250
- Free withdrawals at RFL ATMs; NPR 15 others
- Daily limit NPR 45,000; monthly NPR 400,000
- Validity 10 years
Digital & e-services
4Mobile Banking (Reliance Finance Smart)
A mobile app for account access, transfers, payments and recharges.
- Balance inquiry and statements
- Fund transfers within RFL and interbank
- Utility bill payments and mobile top-ups
- Merchant payments and scan-to-pay
- Available on Android and iOS
- Nepali and English languages
SMS Banking
Account services and transaction alerts via mobile SMS.
- Real-time SMS transaction alerts
- Balance and account queries via SMS
- 24x7 access; free registration
- Annual maintenance NPR 350
QR Teller (QR Scan and Withdraw)
Cardless cash withdrawal by scanning a QR code at any teller counter.
- Cardless, cheque-less withdrawals
- QR scan via Smart Banking app
- Per transaction limit NPR 100,000
- Daily limit NPR 300,000; no monthly limit
Connect IPS E-payment
An electronic platform to pay and transfer directly from bank accounts.
- Government payments and fund transfers
- Credit card bills and wallet top-ups
- Web and mobile app access
- Fee free up to NPR 500; max NPR 8
Remittance
1Remittance Service
Money transfer payouts through multiple domestic and international partners.
- Partners: Western Union, MoneyGram, IME
- Also eSewa, Prabhu, Himal, GME, City Express
- Receive cash within minutes
- Requires secret number and original ID
Other
1CORPORATEPAY, C-ASBA, ABBS, connectRTGS, IPS, ECC
Corporate and interbank payment/clearing services offered by RFL.
Digital & e-services
Deposit and loan rates effective Asar 2083, aggregated from the bank's published disclosures; card figures are indicative. Confirm with the bank before applying.