Mero Microfinance Laghubitta
Battar, Bidur-4, Nuwakot (corporate office); contact/central office at Sitapaila, Kathmandu ·
Mero Microfinance Laghubitta is an NRB Class-D national-level microfinance institution providing micro-savings and micro-credit to low-income and rural members across Nepal.
Rates at a glance
Deposit rates
| Product | Type | Tenor | Depositor | Rate p.a. |
|---|---|---|---|---|
| Member Savings | Normal Savings | — | individual | 7.05% |
Loan rates
| Product | Effective rate | Base | Premium |
|---|---|---|---|
| General Loan (Samanya Karja) / Mero Karja | 14.10% (fixed) | 12.66% | — |
| Seasonal Loan (Mausami Karja) | 14.10% (fixed) | 12.66% | — |
| Micro-Enterprise Loan (Laghu Udyam Karja) | 14.10% (fixed) | 12.66% | — |
| Housing Construction / Low Cost Housing Loan | 14.10% (fixed) | 12.66% | — |
| Educational Loan | 14.10% (fixed) | 12.66% | — |
| Foreign Employment Loan | 14.10% (fixed) | 12.66% | — |
| Income Generation Loan | 14.10% (fixed) | 12.66% | — |
| Social Loan (Samajik Karja) | 14.10% (fixed) | 12.66% | — |
| Alternative Energy / Auto (City Safari) Loan | 14.10% (fixed) | 12.66% | — |
| Individual Loan (Collateral) | 14.10% (fixed) | 12.66% | — |
About Mero
Mero Microfinance Laghubitta Bittiya Sanstha Ltd. was incorporated under the Company Act 2063 and received its operating license from Nepal Rastra Bank on 14 July 2013, beginning microfinance operations the same year. It was established as a joint initiative of 8 institutions (7 commercial banks and 1 development bank) and is registered as a 'D' class national-level financial institution under the BAFI Act. The institution serves members through an extensive branch network spanning roughly 150 branches across all seven provinces, with its first branch opened at Battar, Nuwakot. It focuses on group-based and individual lending to deprived-sector, micro-enterprise, agriculture and income-generation clients.
Source: www.meromicrofinance.com
Contact
- Head office
- Battar, Bidur-4, Nuwakot (corporate office); contact/central office at Sitapaila, Kathmandu
- Phone
- +977-1-5315936 / 5315937 (Toll Free 18105000036)
- [email protected]
- Website
- https://meromicrofinance.com
Products & Services
Savings/Deposits
6Loans
10Other
2Digital & 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.