Yeti Finance Limited is a national level finance company operating in Nepal. Established in 2006, it is licensed by Nepal Rastra Bank, the central bank of Nepal, to conduct financial intermediation services. The company is headquartered in Kathmandu, the capital city of Nepal, and has expanded its network with branches strategically located across the country to serve a diverse clientele.
The primary objective of Yeti Finance is to provide accessible and reliable financial services to individuals, small and medium-sized enterprises (SMEs), and other business entities. They offer a range of products and services designed to meet the varied financial needs of their customers. These include deposit accounts, loan products, remittance services, and other ancillary financial services.
On the deposit side, Yeti Finance offers various savings accounts tailored to different needs and income levels. These accounts typically include features such as competitive interest rates, easy accessibility, and minimal balance requirements. Fixed deposit schemes with varying tenures are also available, offering higher interest rates for longer investment periods. These deposit products are designed to encourage savings habits among the general public and provide a safe and secure avenue for storing their funds.
On the lending side, Yeti Finance provides a diverse portfolio of loan products, catering to various sectors and purposes. These typically include business loans for SMEs, agricultural loans for farmers, housing loans for individuals seeking to purchase or construct homes, and personal loans for various personal needs. The loan terms and conditions, including interest rates, repayment schedules, and collateral requirements, are designed to be competitive and tailored to the specific circumstances of the borrower.
Yeti Finance plays a significant role in promoting financial inclusion in Nepal by extending its services to underserved communities and regions. They often focus on providing financial access to individuals and businesses that may not have access to traditional banking services. This helps to empower individuals, support small businesses, and contribute to the overall economic development of the country.
The company is committed to maintaining high standards of corporate governance and ethical business practices. They operate under the regulatory oversight of Nepal Rastra Bank and adhere to strict compliance standards to ensure the safety and soundness of their operations. Yeti Finance also emphasizes customer satisfaction and strives to provide efficient and personalized service to its clients.
In a competitive financial landscape, Yeti Finance continues to evolve and adapt to meet the changing needs of its customers and the economy. By leveraging technology and innovation, they are working to enhance their service delivery and expand their reach to even more communities across Nepal. They strive to be a reliable and trustworthy partner for individuals and businesses seeking financial solutions in the Nepali market.