Manjushree Finance Virtual Card Launched for Smart Payments
18th January 2026, Kathmandu
Manjushree Finance Limited has officially introduced the Manjushree Finance Virtual Card, marking a significant step forward in Nepal’s digital banking and payment ecosystem. The newly launched virtual credit card is designed to provide customers with convenient, secure, and flexible digital payment solutions through the company’s mobile banking platform, Manjushree Smart. Announced in January 2026, this product makes Manjushree Finance the first finance company in Nepal to offer a fully digital, non-physical credit card facility.
Manjushree Finance Virtual Card
The Manjushree Finance Virtual Card allows customers to carry out transactions entirely through their mobile phones, removing the traditional requirement of carrying a physical plastic card. Users can activate their virtual credit card directly within the Manjushree Smart app, monitor their spending in real time, and manage their credit limits with ease. A core feature of this card is its deep integration with the Fonepay network, which enables users to scan and pay at over 1.7 million merchants across Nepal using any Fonepay-enabled QR code.
Interest-Free Credit and Financial Flexibility
One of the most attractive benefits of the Manjushree Finance Virtual Card is the interest-free credit period. Depending on the timing of the transaction and the billing cycle, customers can enjoy between 15 and 45 days of interest-free credit. This feature provides significant short-term financial flexibility, allowing users to make essential purchases or handle emergencies without incurring immediate interest costs.
Unlike traditional credit cards that require a physical application and delivery process, the virtual card is 100% digital. Eligible customers who maintain a healthy transaction history or a payroll account with Manjushree Finance can apply and receive approval almost instantly through the app. This streamlined approach aligns with the modern user’s expectation for immediate service and “on-the-go” financial management.
Real-Time Monitoring and Enhanced Security
The virtual card provides a high level of transparency for the user. Through the Manjushree Smart mobile banking app, customers can instantly view their transaction histories, track their daily spending, and check their remaining credit balance. This real-time access to financial data helps promote more responsible spending habits and better budgeting.
Security is another cornerstone of the Manjushree Finance Virtual Card. Since the card exists only within the encrypted environment of the mobile app, there is no risk of losing a physical card or having it stolen. Transactions are secured through two-factor authentication (2FA), requiring the user’s mobile banking PIN or biometric data (fingerprint or Face ID) for every payment.
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Pioneer in the Finance Sector
With the launch of this product, Manjushree Finance has positioned itself as a pioneer among National Level Class ‘C’ Financial Institutions in Nepal. While several commercial banks have introduced similar digital lending products, Manjushree is the first finance company to successfully roll out a virtual credit card to its customer base. This move highlights the institution’s commitment to innovation and its focus on competing with larger commercial banks through superior digital service delivery.
Currently, Manjushree Finance manages total deposits of approximately Rs. 24 billion and has extended loans totaling around Rs. 20.5 billion. Serving more than 180,000 customers through its network of 27 branches and one extension counter, the company continues to see rapid growth in its digital user base. The virtual card is expected to further drive the adoption of the Manjushree Smart app, which has already seen significant updates in early 2026 to improve stability and user interface.
Supporting the Digital Nepal Framework
The introduction of the Manjushree Finance Virtual Card supports the broader national goal of the “Digital Nepal Framework” by reducing the economy’s dependency on cash. By providing a reliable digital credit alternative, the finance company encourages more merchants and consumers to participate in the formal digital economy. This shift is expected to improve overall financial transparency and efficiency within the country’s payment systems.
The company has expressed confidence that the virtual credit card will significantly enhance the customer experience by offering unparalleled ease of use. As 4G and 5G connectivity continues to expand across Nepal, digital-only products like the virtual card are set to become the standard for modern consumers who value speed and security above all else.
Conclusion
In conclusion, the Manjushree Finance Virtual Card represents a major milestone for the institution and the wider Nepali finance sector in 2026. By combining an interest-free credit period of up to 45 days with the convenience of QR-based payments, the card provides a practical tool for everyday financial management. As Manjushree Finance continues to leverage technology to deliver innovative solutions, it reinforces its reputation as a forward-looking institution dedicated to customer satisfaction and the modernization of Nepal’s financial landscape.
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