Imperial Finance Limited
Update: The company was acquired by Siddhartha Finance Limited in 2014.
Established as a national level financial institution with a ‘C’ category license granted by Nepal Rastra Bank, Imperial Finance Limited commenced operation since 24 Falgun 2061 BS with authorized capital of NRs 100 million. The company with its central office situated in Thapathali, Kathmandu, aims to provide different deposit schemes with attractive interest rates to its depositors. The company is managed by professional management with experienced personals of extensive knowledge about the market, financial tools and financial management.
The major aims and objectives of the company are to offer financial support for consumer goods, industries, housing, foreign employment, education, hire purchase, etc., take privilege of inviting its customers to establish business relationship to their mutual benefits, give emphasis on prompt and quality service and to support its customers and clients not only financially but also support them with financial and other advices.
The services offered by Imperial Finance Limited include high interest rates in saving and fixed deposits, credit finance, issuance of financial guarantee, acting as a financial advisory, free inward remittance, cheque clearing facility and collection center for shares. The products offered by the company include Fixed Deposit, General Savings, Normal Savings, Imperial Plus Savings, Special Savings, Special Plus Savings, Imperial Business Accounts, Premium Savings, Nari Bachat, Jestha Nagarik Bachat, Bal Bachat and Parishrami Bachat under saving and deposit schemes and Share Loan, Trading Loan, Housing Loan, Personal Loan, Land Development Loan, Business Loan, Education Loan, Industrial Loan, Real Estate Loan, Hire Purchase Loan, Consumer Goods Loan, Foreign Employment Loan, Loan Against Fixed Deposits, Consumer Durable Goods Loan and Loan Against Government Bonds. It also offers the facilities of money transfer, IPO collection centre, any branch banking system (ABBS) and clearing house for all cheques through its head office and two branch offices.
The finance company was acquired by Siddhartha Finance Limited in 2014.