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Support Laghubitta

Class D — MicrofinancePrivate

Itahari-4, Sunsari, Koshi Province, Nepal ·

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A Koshi Province-level Class-D microfinance (Laghubitta) institution providing micro-credit, member savings, micro-insurance and remittance services to low-income, poor and marginalized communities in eastern Nepal.

28
Branches
—
ATMs
3
Products
Asar 2083
Effective

Rates at a glance

Base rate
11.88%
Best FD
9.50%
Best savings
9.50%
Home loan from
—

Deposit rates

ProductTypeTenorDepositorRate p.a.
Member Fixed DepositFixed3mo–1yrindividual9.50%
Remittance / Special SavingsRemittance—individual9.50%
Member SavingsNormal Savings—individual7.50%

About Support

Support Laghubitta Bittiya Sanstha Ltd. (NEPSE: SMB) was registered on 13 November 2014 and received its NRB operating license on 30 June 2015, beginning formal microfinance operations on 12 July 2015 with its first branch at Dhankuta Bajar. Headquartered in Itahari-4, Sunsari, it operates through about 28 branch offices across Koshi Province. It serves poor and marginalized members primarily through group-based lending, delivering micro-loans, compulsory and voluntary member savings, micro-insurance, and digital services via the Support MFI Smart App.

Source: www.supportmicrofinance.com.np

Contact

Head office
Itahari-4, Sunsari, Koshi Province, Nepal
Phone
025-588177

Products & Services

Savings/Deposits

10
Group Saving (7.5%)
Borrower Saving (7.5%)
Centre Welfare Saving (7.5%)
Personal Saving (7.5%)
Support Special Saving (tiered 7.5%-9.5%)
Support Special Remittance Saving (9.5%)
Future Saving (10%, old members)
Pewaa Saving (7.5%)
Children Education Saving (7.5%)
Project Saving (7.5%, old members)

Loans

11
General Loan
Seasonal Loan
Agriculture Loan
Business Loan
Alternative Energy Loan
Emergency Loan
Electrical Goods Loan
Livestock Loan
Micro-Enterprise Loan (up to Rs. 7 Lakh)
Overseas Employment Loan
Home Loan

Micro-insurance

1
Term life insurance linked with partner companies covering outstanding loan upon member death

Remittance

2
Remittance services
Support Special Remittance Saving

Digital

1
Support MFI Smart App (mobile banking / digital financial services)

Digital & e-services

Internet banking
Fonepay QR
connectIPS
RTGS
Locker
Demat / DP
C-ASBA (IPO)
Trade finance (LC)

Deposit and loan rates effective Asar 2083, aggregated from the bank's published disclosures; card figures are indicative. Confirm with the bank before applying.