Nirdhan Utthan Laghubitta Bittiya Sanstha

Nepal First MFI with large Branch Network , MFI  covered  77 Districts of Nepal with 181 Branches and 10 Regional Offices alongside the Central Office.


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 2 percent and 1.5%  for up to 75 thousands and above 75 thousands respectively, of the value to the agency, and the government matches it with an additional 5% and 4.5%  percent payment correspondingly. If the animal dies and it is verified by a veterinary official, the agency pays the 80 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, Metlife Alico. The bank acts as agent of insurance company and collects premium and forwards the same to Metlife Alico and death claims are settled by the company through NULBSL accordingly.

Premium Per YearBenefit
Rs. 64.00Rs. 10,000.00
Rs. 128.00Rs. 20,000.00
Rs. 256.00Rs. 40,000.00

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

NULBSL at a Glance, As of July 15, 2021

Total Loan Disbursed (NPR) 163.78 Billion
Number of Branch Office 181
Loan Outstanding (NPR) 24.08 Billion
Number of Centers 20,742
Number of Active Clients 379,495
Number of Regional Office 10
Saving & Deposit (NPR) 15.82 Billion
Total Staff 1143
Working Districts 77
Local Bodies Outreach 539
Number of Loan Clients 221,634
Currency Conversion USD 1=NPR 119.34
Number of Female Staffs 478