NIC Asia Laghubitta Bittiya Sanstha Ltd is a Nepal Rastra Bank Class-D national-level microfinance institution and a subsidiary of NIC Asia Bank, providing group-based micro-credit and member savings to low-income and rural households.
Rates at a glance
About NIC Asia
Established in 2017 (operations from 21 November 2017), NIC Asia Laghubitta is a wholly promoted/affiliated microfinance arm of NIC Asia Bank operating as an NRB Class-D Laghubitta Bittiya Sanstha. In 2020/21 it merged with Swadeshi Laghubitta Bittiya Sanstha, expanding from about 120 branches to a nationwide network reported at roughly 286 branches. It serves members across rural, hilly and mountainous districts using mainly group-guarantee (collateral-light) lending plus deprived-sector and micro-enterprise loans. Funding comes largely from compulsory and voluntary member savings rather than public retail deposits, and its deprived-sector/subsidized lending rates follow NRB directives.
Source: www.nicasialaghubitta.com
Contact
- Head office
- Banepa-7, Kavrepalanchok, Nepal
- Phone
- 011 660034
- [email protected]
Products & Services
Savings/Deposits
5Loans
5Digital
1Digital & 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.