Everest Finance Limited
Update: The company merged with Shree Investment & Finance Co. Ltd. and now operates as Shree Investment and Finance Company Limited.
One of the leading finance companies of the country, Everest Finance Limited commenced its financial operation since 2063 BS as per the Company Act of Nepal. One of the leading consumer finance companies in western Nepal, it is promoted by renowned and experienced industrialists, businessmen and former officers from Nepal Rastra Bank and Nepal Bank Limited.
The finance company was established with the major objective of mobilizing scattered savings into the consumer financing sector. The majority of the company shares (sixty percent) are held by its major promoters and shareholders while the remaining forty percent lay in the hands of the general public. With its central office located at Siddhartha Nagar Municipality – 7, Narayan Path, the company has also considered Rupendehi district as its working area and within the short period of its establishment, it has been able to establish itself as one of the leading financial institution in the territory. The company has the vision of becoming one of the best finance companies in terms of consumer financing in the region.
It also aims to provide highly professional banking and financial services with the help of its team of young and dynamic professionals managing and operating the company. The company has been able to serve its customers in most reliable and efficient manner because of the experience gained in various sectors of finance over the years. The major objectives of Everest Finance Limited are to protect the right of the depositors and shareholders by providing the qualitative and secured financial services, develop the territory by lending in the productive sectors like agriculture, manufacturing and service sector, establish, develop, capacity build up and increase the productivity of the financial indicators and to provide the financial mediatory facility to the targeted customers by collecting and mobilizing the capital.
In order to meet its objectives and accomplish its aim, the company offers various products and services such as Recurring Saving Deposit, Normal Saving, Special Saving Deposit, Everest Saving Deposit, Everest Special Saving Deposit and Fixed Deposit under its saving and deposit account schemes. It also offers various types of loans and advances through its head office, two branch offices and one extension counter at various locations in the western region of Nepal.
The company merged with Shree Investment & Finance Co. Ltd. in 2017 and now operates jointly as Shree Investment and Finance Company Limited.