Reliable Finance Limited

Update: The finance company merged into Reliable Development Bank Limited in 2014.



A national level finance company established on 24 September, 2006, Reliable Finance Limited (RFL) is approved by the Government of Nepal and Nepal Rastra Bank as a ‘C’ class financial institution. The company promoted by various highly experienced and qualified professionals from economics, banking, industrial and business sectors ensures that the finance of customer’s choice shall be guided among other things by its reliability and professionalism.

The company that envisions becoming unmatchable finance company in country in terms of service, capital, investment and good governance has the mission of fulfilling all financial need in easy way with people through the introduction of latest technology and spreading networks. Everything that the company does is with highest standards of professionalism and it also conducts research and development with focus on business partners (clients/customers) in the key to pursue innovative, deployment of imagination and quality functions/characteristic and translate new ideas into reality consistently whereby they can delight the customer/clients by delivering the products/services with outstanding quality so that their relationships with their clients will remain forever.

reliable finance

With a belief in continuously offering new and value added technology oriented services to their customer, the company and its team is committed to quality and value to their clients along with the services. It uses one of the most common banking softwares that is popular among most of the banks and financial institutions in Nepal. The company also provides 365 days banking with free ABBS (Any Branch Banking Service) facility to its valued customers and clients. Keeping in mind the convenience and needs of its customers and clients, it has also introduced a completely free of cost ATM Transaction (Cash withdrawal) to all its customers holding the debit card provided by the company. More than 2000 ATMs all across the country enables the customers to enjoy the unlimited transaction and along with that, it has also offered e-banking and SMS banking facilities free of charges to its customers. It also offers remittance services through more than 1400 payout agents all over Nepal which make sure that the customers are provided the services with ease and their convenience.

The company established with the authorized capital of Rs 30,00,00,000, issued capital of Rs 221,300,000 and paid up capital of Rs 221,300,000 has its seventy percent shares under the control of its promoters and thirty percent in the hands of the general public. It aims to provide a wide range of banking services and products in the emerging socio-economic environment within and outside the country maintaining high standards of integrity and efficiency with excellence. The products and services offered by Reliable Finance Limited are Reliable Subha Labha Bachat Khata, Santan Bhabisya Khata, Nari Bhabisya Khata, Reliable Shareholder Khata, Reliable Mega Saving, Jestha Nagrik Khata and Bidhyarthi Khata under its saving account schemes, Time Deposit Account, Normal Saving, Corporate Saving, Special Saving Deposit and Fixed Deposit under its deposit schemes and Medium and Long term Loan (Industrial, Trading, etc.), Hire Purchase Loan, Housing Loan, Loan against securities and Fixed Deposit, Real Estate Loan, Deprived Loan and Education Loan under its loan and advance schemes.

Besides these, it also provides facilities such as money transfer, remittance service, 365 days banking service, bank guarantee, financial guarantee, bid bond, performance bond, free ABBS, ATM facility, internet banking, evening counter, technology tailored products and services, fully centralized operation supported by cutting edge technology and banking software, SMS banking, balance enquiry, transaction, alert statement, etc. The company, through its one head office and six branch offices provides services to its customers 365 days a year.

The finance company entered into a merger with Subhalaxmi Finance Limited and Nepal Consumer Development Bank Limited in 2014. The merger started operating as ‘Reliable Development Bank Limited.’ The bank was later acquired by Global IME Bank Ltd. in 2017.