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For businesses · For individuals
Loans, security, recovery and regulatory compliance under the BAFIA 2073 and Nepal Rastra Bank directives, for lenders and borrowers alike.
Banking law in Nepal is shaped by the Banks and Financial Institutions Act 2073 (BAFIA), Nepal Rastra Bank directives and the Secured Transactions Act. We advise banks, cooperatives, microfinance institutions and fintech companies on licensing, lending documentation, collateral registration and compliance with NRB circulars. For borrowers, we review loan agreements before signing and explain what happens if repayments are missed.
When a loan goes bad, we act on both sides: helping lenders recover through the Debt Recovery Tribunal and auction procedures, and helping borrowers negotiate restructuring, challenge unfair charges or defend against blacklisting by the Credit Information Bureau. We also advise on payment systems licensing and foreign currency rules for businesses receiving international payments.
If any of these sound familiar, you are in the right place. Every situation is different, so we always start with a short scoping conversation.
Step 1
We read the loan agreement, security documents and correspondence, and explain exactly what each party is bound to do.
Step 2
For institutions we map your processes against BAFIA and current NRB directives and flag the gaps that inspectors look for.
Step 3
We negotiate restructuring for borrowers or begin formal recovery for lenders, choosing the route with the best cost-to-outcome ratio.
Step 4
Where needed we represent clients before the Debt Recovery Tribunal and follow through to auction or settlement.
Step-by-step guides to the government processes this service usually involves.
The main statutes our advisors rely on for this area, explained in plain English.