List of ‘C’ Class Finance Companies In Nepal [Updated]
August 27, 2023 | Investopaper
Finance Companies are the ‘C’ class financial institutions in Nepal. Nepal Rastra Bank (NRB) regulates all the banks and financial institutions (BFIs) of Nepal.
NRB has grouped the BFIs into four major categories.
2. “B” Class Development Banks
3. “C” Class Finance Companies
4. “D” Class Microfinance Companies
Until Mid-July 2023 [Ashad’s end, 2080 BS], there are 17 ‘C’ Class finance companies in Nepal. 15 out of the 17 finance in Nepal are national level finance companies.
The list of ‘C’ Class Finance Companies In Nepal along with the paid-up capital and working area are shown in the table below:
List of ‘C’ Class Finance Companies In Nepal
| S.N. | Finance Companies In Nepal | Operation Date (A.D.) | Head Office |
| 1 | Nepal Finance Ltd. | 1/6/1993 | Kamaladi, Kathmandu |
| 2 | Nepal Share Markets and Finance Ltd. | 10/19/1993 | Ramshahapath, Kathmandu |
| 3 | Goodwill Finance Ltd. | 5/15/1995 | Hattisar, Kathmandu |
| 4 | Progressive Finance Co. Ltd. | 2/26/1996 | Newroad, Kathmandu |
| 5 | Janaki Finance Co. Ltd. | 3/7/1997 | Janakpurdham, Dhanusha |
| 6 | Pokhara Finance Ltd. | 3/16/1997 | Pokhara, Kaski |
| 7 | Multipurpose Finance Co. Ltd | 4/15/1998 | Rajbiraj, Saptari |
| 8 | Samriddhi Finance Company Limited | 8/10/2001 | Hetauda, Makawanpur |
| 9 | Capital Merchant Banking & Finance Co. Ltd. | 2/1/2002 | Battisputali, Kathmandu |
| 10 | Guheshwori Merchant Banking & Finance Ltd. | 6/13/2002 | Pulchowk, Lalitpur |
| 11 | ICFC Finance Ltd. | 7/15/2004 | Bhatbhateni, Kathmandu |
| 12 | Manjushree Financial Institution Ltd. | 10/17/2007 | Nayabaneshwor, Kathmandu |
| 13 | Reliance Finance Ltd. | 2014/05/08* | Pradarsani Marg, Kathmandu |
| 14 | Gorkhas Finance Ltd. | 2016/4/10* | Dillibazar, Kathmandu |
| 15 | Shree Investment & Finance Co. Ltd. | 2017/2/1* | Dillibazar, Kathmandu |
| 16 | Central Finance Ltd. | 2017/3/23* | Kupondole, Lalitpur |
| 17 | Best Finance Ltd. | 2018/08/02* | Chabahil, Kathmandu |
*Joint operation date after merger
Working Area of ‘C’ Class Finance Companies In Nepal
| S.N. | Finance Companies In Nepal | Working Area |
| 1 | Nepal Finance Ltd. | National Level |
| 2 | Nepal Share Markets and Finance Ltd. | National Level |
| 3 | Goodwill Finance Ltd. | National Level |
| 4 | Progressive Finance Co. Ltd. | National Level |
| 5 | Janaki Finance Co. Ltd. | Province Level (Madhesh Province) |
| 6 | Pokhara Finance Ltd. | National Level |
| 7 | Multipurpose Finance Co. Ltd | 1-5 District Level (Saptari, Siraha, Dhanusha, Mahottari, Sarlahi) |
| 8 | Samriddhi Finance Company Limited | National Level |
| 9 | Capital Merchant Banking & Finance Co. Ltd. | National Level |
| 10 | Guheshwori Merchant Banking & Finance Ltd. | National Level |
| 11 | ICFC Finance Ltd. | National Level |
| 12 | Manjushree Financial Institution Ltd. | National Level |
| 13 | Reliance Finance Ltd. | National Level |
| 14 | Gorkhas Finance Ltd. | National Level |
| 15 | Shree Investment & Finance Co. Ltd. | National Level |
| 16 | Central Finance Ltd. | National Level |
| 17 | Best Finance Ltd. | National Level |
Paid Up Capital of ‘C’ Class Finance Companies In Nepal
| S.N. | Finance Companies In Nepal | Paid-Up Capital (Rs. Crores) |
| 1 | Nepal Finance Ltd. | 83.89 |
| 2 | Nepal Share Markets and Finance Ltd. | 43.2 |
| 3 | Goodwill Finance Ltd. | 94.61 |
| 4 | Progressive Finance Co. Ltd. | 85.61 |
| 5 | Janaki Finance Co. Ltd. | 69.04 |
| 6 | Pokhara Finance Ltd. | 108.25 |
| 7 | Multipurpose Finance Co. Ltd | 61.02 |
| 8 | Samriddhi Finance Company Limited | 81.89 |
| 9 | Capital Merchant Banking & Finance Co. Ltd. | 93.5 |
| 10 | Guheshwori Merchant Banking & Finance Ltd. | 101.21 |
| 11 | ICFC Finance Ltd. | 118.34 |
| 12 | Manjushree Financial Institution Ltd. | 135.16 |
| 13 | Reliance Finance Ltd. | 112.14 |
| 14 | Gorkhas Finance Ltd. | 86.79 |
| 15 | Shree Investment & Finance Co. Ltd. | 98.16 |
| 16 | Central Finance Ltd. | 94.88 |
| 17 | Best Finance Ltd. | 85.48 |
| Total | 1553.17 |
Note: Paid-up capital based on the financial statement of Mid July, 2023 [Ashad’s end, 2080 BS]
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