Nirdhan Utthan Laghubitta Bittiya Sanstha

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


Nirdhan Utthan is providing micro insurance product that address clients’ needs for risk management in addition to its savings and credit products. NULBSL clients are highly vulnerable to economic shocks caused by events such as death of family member, illness, destruction of valuable asset, or a disabling injury. NULBSL provides micro insurance service through partner- agent model linking its clients with formal insurance companies.

Livestock Insurance NULBSL has linked up with a local agency (Deposit and Credit Guarantee Corporation) to provide this service. When clients take out a loan for livestock, they pay  1.5%  for up to 150 thousands  of the value to the agency, and the government matches it with an  4.5%  percent payment . If the animal dies and it is verified by a veterinary official, the agency pays the 90 percent of the loan.

Micro-life Insurance (Grameen Karza Beema)

NULBSL  provides micro-life insurance to its client and her husband by linking its clients with formal life insurance company, National Life Insurance Company . The bank acts as agent of insurance company and collects premium and forwards the same to National Life Insurance Company and death claims are settled by the company through NULBSL accordingly.

Premium Per YearInsured Amount
Rs. 5.90 Per 1000

If the death of insured is due to accident the benefit is double of the above amount.

NULBSL at a Glance, As of May 13, 2024

Total Loan Disbursed (NPR) 235.65 Billion
Number of Branch Office 185
Loan Outstanding (NPR) 26.40 Billion
Number of Centers 22,743
Number of Active Clients 399,948
Number of Regional Office 10
Saving & Deposit (NPR) 19.79 Billion
Total Staff 1,136
Working Districts 77
Local Bodies Outreach 552
Number of Loan Clients 191,246
Currency Conversion USD 1=NPR 133.61
Number of Female Staffs 505