Nirdhan Utthan Laghubitta Bittiya Sanstha

Nirdhan Utthan is a pioneer microfinance institution involved in extending financial services to low income group in Nepal. 

Board of Directors

The Board of Directors (BoD) of Nirdhan Utthan comprises seven members, two representing individual promoters, two representing institutional promoters, two representing general public and one independent director. The BoD meets at least 12 times a year and takes policy decisions to pursue the objectives of the institute. The Chairperson of the Board is elected by the board members among themselves. The BoD is responsible to the general meeting of shareholders who meet generally once a year in Annual General Meeting (AGM). The composition of BoD is as follows:


Dr. Hari Krishna Pant


Mr. Hari krishna pant




Mr. Devendra Bahadur Raut

Director, Representing Promoter Shareholders


Director Sir - Top Bahadur Rayamajhi Sir

Mr. Top Bahadur Rayamajhi

Director, Representing Public Shareholders


Ms Samrita Tiwari

Director, Representing Public Shareholders

Dy. Santosh K Bhattarai Photo

Mr. Santosh Kumar Bhattarai

Director, Representing Everest Bank Ltd.


Mr. Niraj Kumar Basnet Danil

Director, Representing Nabil Bank Ltd.


Krishna Pradhan

Mr. Krishna Kumar Pradhan

Director, Independent

NULBSL at a Glance, As of June 14, 2024

Total Loan Disbursed (NPR) 237.11 Billion
Number of Branch Office 185
Loan Outstanding (NPR) 26.32 Billion
Number of Centers 22,734
Number of Active Clients 399,818
Number of Regional Office 10
Saving & Deposit (NPR) 19.96 Billion
Total Staff 1,125
Working Districts 77
Local Bodies Outreach 552
Number of Loan Clients 189,425
Currency Conversion USD 1=NPR 133.68
Number of Female Staffs 501