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Vijaya Laghubitta

Class D — MicrofinancePrivate

Dhulikhel-03, Kavrepalanchowk, Bagmati Province, Nepal ·

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Vijaya Laghubitta Bittiya Sanstha Ltd. (VLBS) is a national-level NRB Class-D microfinance institution serving rural and semi-urban low-income members across Nepal through group and collateral-based micro-lending, member savings, micro-insurance and remittance.

135
Branches
—
ATMs
21
Products
Asar 2083
Effective

Rates at a glance

Base rate
—
Best FD
—
Best savings
7.50%
Home loan from
—

Deposit rates

ProductTypeTenorDepositorRate p.a.
Member SavingsNormal Savings—individual7.50%

Loan rates

ProductEffective rateBasePremium
Collateral Hotel Business Loan14.10% (fixed)——
Collateral Other Business Loan14.10% (fixed)——
Individual Collateral Agriculture & Food Loan14.10% (fixed)——
Individual Collateral Clothing Loan14.10% (fixed)——
Individual Collateral Hotel Business Loan14.10% (fixed)——
Agriculture & Food Loan14.10% (fixed)——
Other Agriculture Loan14.10% (fixed)——
Seasonal Loan14.10% (fixed)——
Grocery Shop Loan14.10% (fixed)——
Clothing Loan14.10% (fixed)——
Beauty Parlour & Cosmetics Loan14.10% (fixed)——
Hotel Business Loan14.10% (fixed)——
Other Business Loan14.10% (fixed)——
Collateral Agriculture & Food Loan14.10% (fixed)——
Collateral Other Agriculture Loan14.10% (fixed)——
Collateral Grocery Shop Loan14.10% (fixed)——
Collateral Clothing Loan14.10% (fixed)——
Collateral Beauty Parlour & Cosmetics Loan14.10% (fixed)——

About Vijaya

VLBS is incorporated as a public limited company under the Company Act 2063 and licensed by Nepal Rastra Bank as a national-level "D" class financial institution; it was established on 7 August 2012 and began operations after receiving its NRB license on 3 January 2013. The concept was initiated by Vijaya Development Resource Centre (VDRC-Nepal), a leading community-microfinance NGO, with backing from Goodwill Finance and roughly 184 development professionals. The institution provides both financial and non-financial services to its members, focusing on poverty reduction by increasing production and productivity in rural Nepal. It operates 135 branches across all seven provinces (organized under 12 cluster offices), serving more than 150,000 clients with around 550 employees.

Source: vlbs.com.np

Contact

Head office
Dhulikhel-03, Kavrepalanchowk, Bagmati Province, Nepal
Phone
011-490671, 011-490672

Products & Services

Savings/Deposits

12
Voluntary Saving (7.5%)
Sarbashreshtha Saving (10.5%)
Special Saving (10.5%, min balance Rs.5,000)
Festival Saving (7.5%)
Grihini Saving (7.5%)
Insurance Saving (7.5%)
Group Saving (compulsory, 7.5%)
Compulsory Saving (7.5%)
Personal Saving (7.5%)
Bal/Child Saving (7.75%)
Center Fund Saving (7.5%, Rs.5/month)
Employee Special Voluntary Saving (8%)

Loans

9
Agriculture & Food Loan
Other Agriculture Loan
Seasonal Loan
Grocery Shop Loan
Clothing Loan
Beauty Parlour & Cosmetics Loan
Hotel Business Loan
Other Business Loan
Collateral and Individual-Collateral variants of the above (all 14.10%, service charge 1.3%)

Micro-insurance

1
Micro Loan Insurance (low-premium cover against accident, illness, death of guardian, natural calamities for low-income member households)

Remittance

1
Money transfer services to members and community via tie-ups with national and international remittance companies

Other

3
Non-financial services to members
Financial literacy programs
Member group/center based microfinance 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.