Update: The bank merged into NMB Bank Limited in 2015.

Established on Baisakh 16, 2061 BS, Prudential Finance Company Limited has the major objective of providing competitive and modern banking services in the Nepalese financial sector. The company received the permission to start its transaction on Jestha 18, 2061 BS from Nepal Rastra Bank and began its operation as the 58^th finance company of Nepal since Jestha 24, 2061 BS. With a major focus on serving unfulfilled needs of all classes of customers located in various parts of the country by offering modern and competitive banking products and services, the company gives priority to building sound technology driven internal system to cater the changing needs of the customer that enhance high comfort and value.

The company was established with the vision of becoming a leading financial institution of the nation by providing premium products and services to the customer, thus, ensuring attractive and substantial returns to the stakeholders of the company. Prudential Finance Company Limited carries the mission of becoming preferred provider of quality financial services in the country. The company has two components in its mission and that are preferred provider and quality financial services, therefore, the company believes that to accomplish its mission, its two components must be satisfied with the focus on the customers. The company prioritizes the priorities of its valued customers and always strives on positioning itself in the hearts and minds of the customers. It thrives to become the preferred finance company for the classes and masses.

The products and services offered by the company to meet the needs and requirements of its customers are Saving Account, Shareholder’s Saving Account, Prudential Investor’s Saving Account, Special Saving Account, Privilege Saving Account, Prudential High-Yield Saving Account, Business Account, Business Plus Account, Special Business Account, Business Premium Account, Fixed Deposit Account and Prudential High Returns Time Deposits Accounts under its saving and deposit account schemes and Trading Loan, Industrial Loan, Agriculture and Animal Husbandry Loan, Small and Medium Enterprise Loan (SME), Real Estate Loan, Housing Loan, Hire Purchase Loan, Loan Against Fixed Deposits, Loan Against Securities, Deprived Sector Loan, Education Loan, Construction Loan and other loans under its loan and advances schemes. It also provides ATM cards and remittance services through its head office and a branch office.

The bank merged with Gorkha Finance Ltd. in 2013. In 2015, the bank entered into a merger with NMB Bank Ltd., Bhrikuti Bikash Bank Ltd. Clean Energy Development Bank Ltd. & Pathibhara Bikas Bank Ltd. The merged entity was named ‘NMB Bank Limited’.