Multipurpose Finance Limited

Multipurpose Finance Limited (NEPSE: MPFL) is a class C finance company licensed by the Nepal Rastra Bank, operating as a deposit-taking and lending institution in the Madhesh Province of eastern Nepal. The company offers savings accounts in multiple categories (General, Super, Narikalyan, Balbachat, Jestha Nagarik), fixed deposits, and a diverse range of loan products including housing, agriculture, personal, business, and hire-purchase loans. MPFL provides digital banking services through SMS banking, mobile applications, and payment solutions including remittance services, IPS transfers, ConnectIPS ePayment, and digital wallet functionality. The company operates eight branches across the Madhesh Province, with its corporate headquarters in Janakpurdham and a significant presence in Rajbiraj. The company was established on 10 Magh 2053 B.S. (1997) and began operations in 1998, and is headquartered in Janakpurdham, Dhanusha, Nepal.

Key Facts

Company Classification

Class C Finance Company (Nepal Rastra Bank licensed)

Geographic Focus

Madhesh Province (8 branches) with headquarters in Janakpurdham and presence in Rajbiraj, Saptari

Incorporation Date

10 Magh 2053 B.S. (1997); operations commenced Baishakh 2055 B.S. (April 1998)

No comments yet. Be the first to share a view.