Kathmandu. Kumari Bank Limited has launched Nepal’s first real-time ERP in collaboration with IMS Software Pvt. Ltd. to take digital banking to a new height. <\/p>\n
Through this innovative initiative, Kumari Bank will provide collateral-free loans to its business customers through IMA’s ERP software. For this, the long paperwork and the hassle of visiting the branch will be eliminated. The loan application platform facilitates the entire process from loan application, approvion, disbursement and payment process to complete the payment process digitally. <\/p>\n
Through direct integration with the ERP system, the bank will be able to assess creditworthiness of a business through real-time data such as sales, turnover, and holdings. This data-driven system provides financial access to businesses without the need for traditional collateral, helping them make quick and accurate decisions. <\/p>\n
Through this, businesses using ERP can avail working capital loan up to Rs. 500,000 based on their performance. It can be paid in equated monthly installments for up to 12 months. The bank plans to make the financial process simpler, faster and more effective by increasing the loan limit in the future based on the use of services, demand and directives from Nepal Rastra Bank. <\/p>\n
This initiation is a reflection of Nepal Rastra Bank’s vision of digital credit expansion and enhancement of access to credit Kumari Bank towards innovation and financial inclusion, especially benefiting SME & SMEs. <\/p>\n
The initiative is expected to further strengthen financial inclusion by targeting over 9 lakh small and medium enterprises (SMEs) who are making a significant contribution to Nepal’s economy. <\/p>\n
It is also expected to contribute positively to the promotion of entrepreneurship, business expansion and overall economic activities. With a nationwide network of 286 branches and 41 extension counters, with strong banking experience and association with technology partners, Kumari Bank stands at the forefront of digital financial transformation in Nepal and believes this initiative will set a new benchmark in credit accessibility for SME and will continue to do so in the days to come. <\/p>\n
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Kathmandu. Kumari Bank Limited has launched Nepal’s first real-time ERP in collaboration with IMS Software Pvt. Ltd. to take digital banking to a new height. Through this innovative initiative, Kumari Bank will provide collateral-free loans to its business customers through IMA’s ERP software. For this, the long paperwork and the hassle of visiting the branch […]<\/p>\n","protected":false},"author":1,"featured_media":31301,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[123,126,129,147],"tags":[],"class_list":["post-31304","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-update-en","category-banking-news-en","category-special-en","category-news-en"],"acf":[],"jetpack_featured_media_url":"https:\/\/bankingsansar.com\/wp-content\/uploads\/2026\/06\/agreemnt.jpg","_links":{"self":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts\/31304","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/comments?post=31304"}],"version-history":[{"count":1,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts\/31304\/revisions"}],"predecessor-version":[{"id":31305,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/posts\/31304\/revisions\/31305"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/media\/31301"}],"wp:attachment":[{"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/media?parent=31304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/categories?post=31304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bankingsansar.com\/bs_api\/wp\/v2\/tags?post=31304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}