The BOD meeting of the company has declared to give 13.16% cash dividend on subject to approval from Nepal Rastra Bank and upcoming AGM. This company has earned 4 crore 22 lakh Net Profit in last year.
About United Finance Limited
United Finance Limited (UFL) is a leading Consumer Finance Company in Nepal with excellent asset quality and strong growth potential. The company, promoted by the Chaudhary Group - the largest conglomerate in Nepal was established in 1992 as per the Companies Act of Nepal.
The main objective of the company is to mobilize scattered savings into the consumer financing sector. The major promoters and shareholders of the company are the Chaudhary Group and Morang Auto Works. These groups among themselves hold 60% of the shares in the company with the remaining balance of 40% shares held by the general public.
The shares of the company are actively traded at the Nepal Stock Exchange (NEPSE) and have been categorized in Category “A” by NEPSE for the last three years. The company operates from its Head Office in Durbar Marg, Kathmandu.
Within a short span of its establishment, the company has been able to establish itself as one of the leading financial institutions in the country. The company’s vision is to become the number one finance company in terms of consumer financing.
With an aim to provide highly professional banking & financial services, United Finance Ltd. has a team of young and dynamic professionals to run the Company. The experience gained in various sectors of finance over the years has enabled United Finance Ltd. to serve its customers in a more reliable and efficient manner.
Board of Directors
| 1 | Mr. Basanta Kumar Chaudhary | Chairman |
| 2 | Mr. Vishnu Kumar Agarwal | Managing Director |
| 3 | Mr. Gajendra Lal shrestha | Director |
| 4 | Mr. Ashis Sharma | Director |
| 5 | Mr.Narayan Pr Mundada |
Director |
| 6 | Mrs Kala Bhatta | Director |
Morang Autoworks
Chaudhary Groups
Interest Rates
Saving Deposits |
Interest Rate |
Interest Basis |
|
Normal Saving |
6.00% |
On Daily Balance |
|
New Special Saving |
5.50% |
On Daily Balance |
|
Call / Corporate Deposit A/C |
7% to 10% |
On Daily Balance |
|
Shareholder Saving A/C |
8.00% |
On Daily Balance |
|
Share Investment A/C |
6.00% |
On Daily Balance |
|
United Salary A/C |
8.25% |
On Daily Balance |
|
United Flexi Saving Deposit |
5.50% to 8.00% |
On Daily Balance |
|
United Griha Laxmi Bachat |
8.00% |
On Daily Balance |
|
Anubhabi Bachat khata |
8.00% |
On Daily Balance |
|
Fixed Deposit |
Monthly |
Quarterly |
Maturity |
3 Months |
- |
- |
10.00% |
6 Months |
- |
- |
10.50% |
9 Months |
- |
- |
11.00% |
1 Years |
11.00% |
11.50% |
12.00% |
2 Years |
11.50% |
12.00% |
12.50% |
3 Years |
12.00% |
12.50% |
13% |
4 Years |
12.25% |
12.75% |
13.50% |
5 Years |
12.50% |
13.00% |
14.00% |
Above Five Years |
Mutually Negotiable |
||
Anubhabi Fixed Deposit |
NA |
12% |
NA |
Corporate Fixed Deposit (1 Year) |
NA |
13.00% |
13.50% |
Prime Deposit |
Additional upto 1% |
||
On Loans and Advances |
Interest Rate |
||
Housing Loan |
17.50%-18.50% |
||
Real Estate Loan |
17.50%-18.50% |
||
Personal & Educational |
17.50%-19.00% |
||
Loan Against Share |
18.00%-18.50% |
||
4 Wheelers / Heavy Equipment Loan |
15.50% - 19.00% |
||
2 Wheelers Loan |
15.50%-17.50% |
||
SME Loan |
17.00%-18.00 % |
||
Head Office:
United Finance Ltd.
IJ Plaza, Durwar Marga, Katmandu Nepal
P.O.Box : 12311
Ph no: 977-1-4241645
TOLL FREE NO: 16600-101010
Email: info@ufl.com.np
Url: ufl.com.np
Branch :
Biratnagar
United Finance Ltd.
Nabi Plaza, Main Road, Biratnagar (Infront of Kali mandir)
Ph no: 977-021-440447
Email: info.brt@ufl.com.np
Butwal
United Finance Ltd.
Rajmarga Chauraha, Butwal
Ph no: 977-071-438521
Email: butwal@ufl.com.np
Nepalgunj
United Finance Ltd.
Dhamauji, Surkhet Road, Nepalgunj
Ph no: 977-081-5210841
Email: nepalgunj@ufl.com.np
Pokhara
United Finance Ltd.
New Road Pokhara
Ph no: 061-536214
Email: pokhara@ufl.com.np
Dharmapath, New Road, Kathmandu
United Finance Ltd.
Dharmapath, New Road
Ph no: 01-4242498
Email: newroad@ufl.com.np
Pulchowk, Nayangarh
United Finance Ltd.
Pulchowk, Narayanharh
Ph no: 056-526514
Email: ngt@ufl.com.np
Loan facilities
Housing loans, Home Equity, SME, Hire Purchase, Loan against share etc.
Deposit
| Heads | Details | ||
Rate of Interest |
Period | Quarterly |
Maturity |
3 Months |
- |
10% |
|
6 Months |
- |
10.5% |
|
9 Months |
- |
11.0% |
|
One Year |
11.5% |
12% |
|
Two years |
12% |
12.5% |
|
Three years |
12.5% |
13.0% |
|
Four years |
12.75% |
13.5% |
|
Five years |
13% |
14% |
|
Above Five |
Negotiable |
Negotiable |
|
Required Documents |
For Organization · Photo · Citizenship certificate · Registration Certificate ( For Organization) · Board Minute ( For Organization) |
||
| Heads | Details |
| Eligible Depositors | The account may only be opened in the name of any individual or Institution |
| Minimum Opening balance | NPR 500 |
| Rate of Interest | @ 6.00% p.a. on daily balance |
| Issue of Cheque book | Cheque book will be issued only after the minimum balance of amount NPR 2, 000/-. |
| Penalty Charge | A charge of NPR 100 will charged as penalty if cheque will received more than available on the respective account. |
| Interest payable | Accrued interest will be payable in the every interval of 6 months. |
| Withdrawal Limit | Unlimited |
| Facility | Clearing Cheque facility. |
| Required Documents | Photo Citizenship Certificate. Documents of existence at legal entity Registration / PAN Certificat |
United Finance hsa offered 2% discount in interest rate of Loan for all female loan applicants. This scheme will be applicable to all the loan applications reveived till Bhadra end.
United finance opened it forth, fifth and sixth branch in New road kathmandu, New Road Pokhara and Pulchowk narayanghar on the month of Biashak
15th anniversary of UFL was celeberated with the launch of United Debit card. On the occasion 50 pint of blood was dontated by staffs members and well wishers of UFL. Similarly staffs who are serving UFl for more than 10 Years were honoured by Mr Vishnu Kumar Agrawal, Managing Director
UFL opened branch in Butwal and Nepalgung on 2066/05/08 in a same day.
UFL have lunched the scheme " Teeze Offer". This is our small effort to pay respect to all the wonderful women in Nepal and to mark Teeze festival
In this offer any female loan applicants can have 50% discount in service charge and 1% discount in interest rate. Thi soffer is valid till Bhadra end.
For more info:
United Finance Limited, Tindhara pathsala , Durbar marga, Kathmandu, Nepal,
Tel:4241648,4241649,4222663, E-mail: info@ufl.com.np
Url: www.ufl.com.np
1 comment:
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