Best Finance Ltd
Best Building, Kamaladi, Kathmandu, Nepal ·
Best Finance Ltd is a national-level Class-C finance company in Nepal offering deposit, loan, and digital banking services since 2052 B.S.
Rates at a glance
Deposit rates
| Product | Type | Tenor | Depositor | Rate p.a. |
|---|---|---|---|---|
| Remittance Savings | Remittance | — | individual | 5.50% |
| Fixed Deposit | Fixed | 3yr+ | individual | 5.25% |
| Fixed Deposit | Fixed | 2yr–3yr | individual | 5.00% |
| Fixed Deposit | Fixed | 3yr+ | institutional | 4.50% |
| Fixed Deposit | Fixed | 1yr–2yr | individual | 4.25% |
| Fixed Deposit | Fixed | 2yr–3yr | institutional | 4.00% |
| Fixed Deposit | Fixed | 6mo–1yr | individual | 3.75% |
| Fixed Deposit | Fixed | 1yr–2yr | institutional | 3.50% |
| Fixed Deposit | Fixed | 3mo–6mo | individual | 3.25% |
| Fixed Deposit | Fixed | 6mo–1yr | institutional | 3.10% |
| Fixed Deposit | Fixed | 3mo–6mo | institutional | 3.00% |
| Fixed Deposit | Fixed | 0yr–3mo | individual | 3.00% |
| Normal Savings | Normal Savings | — | individual | 3.00% |
Loan rates
| Product | Effective rate | Base | Premium |
|---|---|---|---|
| Home Loan | 9.90% (fixed) | 8.46% | — |
| Auto Loan (max 7 years) | 10.50% (fixed) | 8.46% | — |
| Loan against Fixed Deposit | — | 8.46% | — |
| Personal Loan | — | 8.46% | — |
| Agriculture Loan | — | 8.46% | — |
| Hire Purchase Loan | — | 8.46% | — |
| Margin Lending | — | 8.46% | — |
| Gold Loan | — | 8.46% | — |
| Real Estate / Mortgage Loan | — | 8.46% | — |
| Business Loan | — | 8.46% | — |
About Best
Best Finance Company Limited was incorporated under the Companies Act on 2052/03/08 B.S. and began formal operations on 2052/10/18 B.S. from Chabahil, Kathmandu after obtaining its license from Nepal Rastra Bank. In 2075/04/17 B.S. it completed a merger with the then Synergy Finance Ltd and subsequently shifted its head office to Kamaladi, Kathmandu. It is a national-level Class-C financial institution providing savings, fixed and current/call deposits, a range of retail and business loans, and digital banking services. The company operates a network of around 18 branches across Nepal.
Source: bestfinance.com.np
Contact
- Head office
- Best Building, Kamaladi, Kathmandu, Nepal
- Phone
- 01-4542461/62/63
- [email protected]
- Website
- https://bestfinance.com.np
Products & Services
Deposits
10Best Savings
A tailormade savings deposit designed to encourage individual savings with higher interest rates.
- Minimum balance NPR 1,000
- Interest as per published monthly rate
- Interest posted quarterly
- Free cheque book
- Debit card NPR 250/year, free first year
- Mobile banking NPR 500/year, free first year
General Savings
A basic savings account to encourage regular savings.
- Minimum balance NPR 100
- Interest as per published monthly rate
- Interest posted quarterly
- Free cheque book
- Debit card NPR 250/year, free first year
- Mobile banking NPR 500/year, free first year
Green Savings
A savings account that plants one tree per account, supporting Nepal's Green Finance Taxonomy 2024.
- Minimum balance NPR 2,000
- Interest as per published monthly rate
- Interest posted quarterly
- Free cheque book
- Free internet banking
- Debit card NPR 250/year, free first year
- Mobile banking NPR 500/year, free first year
Home Savings
A savings account to accumulate funds toward buying a house or land.
- No minimum balance (NPR 0)
- Interest as per published monthly rate
- Interest posted quarterly
- Free cheque book
- ATM card NPR 250/year, free first year
- Mobile banking NPR 500/year, free first year
Senior Citizen Savings
A savings account for senior citizens with attractive returns and prioritized service.
- Minimum balance NPR 100
- Interest as per published monthly rate
- Interest posted quarterly
- Free cheque book
- Debit card NPR 250/year, free first year
- Mobile banking NPR 500/year, free first year
Children Savings
A savings account for minors under 18 to build saving habits.
- Eligibility: minors below 18 years
- Minimum balance NPR 100
- Interest as per published monthly rate
- Interest posted quarterly
- Free cheque book
- Requires birth registration certificate
NRN Savings
A savings account for Non-Resident Nepalis to save and grow funds in Nepal.
- Eligibility: Non-Resident Nepalis
- Minimum balance NPR 100
- Interest as per published monthly rate
- Interest posted quarterly
- Free cheque book
Best Remit Savings
A savings account for Nepalis earning foreign currency abroad, offering enhanced interest.
- Minimum balance NPR 5,000
- Interest as per published monthly rate
- Interest posted quarterly
- Requires foreign-currency income source
- Funds must come via formal remittance channel
3 Months Fixed Deposit
A short-term fixed deposit with a three-month tenure.
- Tenure 3 months
- Individual interest rate 3.00% p.a.
Above 1 Year to 2 Years Fixed Deposit
A fixed deposit with tenure above one year up to two years.
- Tenure above 1 year to 2 years
- Individual interest rate 4.25% p.a.
- Institutional interest rate 3.50% p.a.
Loans
5Home Loan
A loan for purchasing, constructing, renovating land/houses or refinancing prior home loans.
- Interest: Base Rate + up to 5% premium
- EMI, quarterly, half-yearly or annual repayment options
- Eligibility: customers with regular income
- Requires clean CICL credit report
Personal Mortgage Loan
A small-ticket secured loan backed by real-estate collateral for personal needs.
- Interest: Base Rate + up to 5% premium
- Interest posted quarterly
- Secured by real-estate collateral
- Requires clean CICL credit report
Margin Lending (Share Loan)
A short-term loan secured against pledged listed-company shares.
- Interest: Base Rate + up to 5% premium
- Interest posted quarterly
- Collateral: pledged listed-company shares
- Drawing power reviewed at least weekly
- Margin call if share value declines
- No upward revaluation after disbursement
Agriculture Loan
Credit for agricultural production and NRB-defined activities to meet farmers' needs.
- Interest: Base Rate + up to 5% premium
- Lump-sum or fixed-installment repayment
- Working capital loans renewable
- Quarterly interest servicing on working capital
- Requires clean CICL credit report
Small Business Loan
A loan for operating or expanding small enterprises, secured by assets or guarantees.
- Loan up to NPR 50,00,000 (50 lakh)
- Interest: Base Rate + up to 5% premium
- Interest posted quarterly
- Secured by movable/immovable assets or guarantees
- Requires clean CICL credit report
Cards
1Debit Card
A card that debits the customer's account in real time for purchases and ATM withdrawals.
- Annual issuance Rs. 250, 4-year validity
- Free withdrawal at own ATMs
- Other-bank ATM withdrawal Rs. 15
- India ATM withdrawal Rs. 325
- Used for purchases, cash withdrawal, balance check
Digital & e-services
4Best Smart Mobile Banking
Best Finance's official mobile banking app for anytime, anywhere account access.
- 128-bit SSL encryption
- Manage accounts anytime, anywhere
- Available on Google Play
Connect IPS
A unified payments platform to link accounts for transfers and bill payments.
- Supports C2G, C2B and P2P payments
- Available on web and mobile app
- Fund transfer free up to NPR 500
- Fund transfer NPR 4 (500-5000), NPR 8 above
- Powered by Nepal Clearing House
QR Merchant Payment
A service to pay merchants or transfer funds by scanning a QR code.
- Scan merchant-generated QR codes
- Pay for goods and services
- Transfer funds to beneficiaries
- Merchant enrollment via Fonepay
- Merchant enrollment via NepalPay
Web Banking
Internet banking portal for online account access.
Remittance
1Remittance Service
Fund-transfer service offered through partnerships with multiple money-transfer companies.
- Partners include Prabhu Remit and Himal Remit
- Partners include City Express and Samsara Remit
- Partners include IME-related I-Pay, eSewa and Best Remit
- Available across branch network
Other
2Safe Deposit Locker
Safe deposit lockers to safeguard valuables and important documents.
- Security deposit NPR 5,000 (held in account)
- Annual rental NPR 2,000
- Early release charge NPR 500
- Available at Kamaladi and Milanchowk branches
- Requires citizenship card
IPS & Cheque Clearing (NCHL)
Interbank fund transfer and electronic cheque clearing through NCHL systems.
- IPS account-to-account transfers (Direct Credit)
- IPS collections via Direct Debit
- IPS fee NPR 2 up to NPR 500
- ECC image-based cheque clearing via MICR
- Inward and outward clearing supported
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.