Manjushree Finance Thapathali Branch Launched in Kathmandu
23rd January 2026, Kathmandu
Manjushree Finance Limited has officially brought its Thapathali Branch into operation, marking an important milestone in the expansion journey of the company. The leading finance institution launched its 28th branch from its own newly constructed corporate building located in Thapathali, Kathmandu. The branch began providing full-scale financial services from Magh 8, 2082 (January 22, 2026), following the strategic relocation of the company’s central office to the same premises.
Manjushree Finance Thapathali Branch
With the establishment of the Manjushree Finance Thapathali Branch, the company has further strengthened its physical presence in the heart of the Kathmandu Valley. Prior to this addition, the finance company had been providing services through a network of 27 branches and one extension counter across various provinces of Nepal. The launch of this new branch reflects the commitment of Manjushree Finance to expanding access to formal financial services and improving localized customer convenience in high-traffic commercial zones.
Strategic Expansion from Owned Infrastructure
The Thapathali branch holds special significance as it operates from a building owned by Manjushree Finance itself, located at Kathmandu Metropolitan City Ward No. 11, Tripura Marga. After shifting its central office to this location, the company decided to commence ground-floor branch operations to better serve the banking needs of the Thapathali, Tripureshwor, and Teku business hubs.
Operating from its own infrastructure is expected to provide several long-term benefits:
Operational Efficiency: Centralizing administrative and retail functions in a single building allows for faster decision-making.
Service Quality: A modern, custom-designed space provides a better environment for customer interactions and private banking.
Cost Effectiveness: Reducing long-term rental overheads in premium urban locations contributes to better bottom-line results for shareholders.
The branch is strategically positioned in a vital commercial and residential corridor, enabling easier access for corporate clients and retail depositors alike. This move significantly strengthens the visibility of the company in the competitive financial landscape of Kathmandu.
Financial Performance: Q2 FY 2082/83 Overview
The opening of the new branch comes on the heels of the company releasing its impressive second-quarter financial results for the fiscal year 2082/83. As of the end of Poush 2082, Manjushree Finance has demonstrated stable growth across all major indicators.
The company has successfully collected customer deposits worth 22.48 billion rupees, while extending loans and advances totaling 19.61 billion rupees. These figures represent a healthy 6.91 percent increase in deposits and a 10.72 percent growth in credit mobilization compared to the same period of the previous year.
Key financial highlights for the half-year ending Poush 2082:
Net Profit: 135.37 million rupees (up 15.63 percent year-on-year).
Net Interest Income: 453.2 million rupees, reflecting a surge of 13.87 percent.
Earnings Per Share (EPS): Annualized at 20.03 rupees per share.
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Net Worth Per Share: 175.29 rupees.
Distributable Profit: 235.6 million rupees.
These figures indicate a robust balance between deposit mobilization and credit investment, reflecting the prudent financial management of the board and leadership.
Innovation in Digital Banking: The Virtual Credit Card
The Manjushree Finance Thapathali Branch is part of a broader strategy to transition from traditional banking to a technology-first approach. The company has been actively adopting digital solutions to enhance transaction efficiency and user experience.
A major recent highlight is the introduction of the Manjushree Fonepay Virtual Credit Card. In collaboration with Fonepay, this service allows customers to:
Eliminate Physical Plastic: The credit card lives securely within the mobile banking app of the user.
Scan and Pay: Users can scan any of the 1.8 million Fonepay QR codes across Nepal to pay using their credit limit.
Interest-Free Period: Enjoy a grace period of up to 45 days for smart money management.
Instant Activation: Eligible customers can activate their virtual card in minutes without visiting a branch.
This initiative reflects the focus of the company on meeting the evolving needs of tech-savvy Nepali consumers who prefer contactless and paperless financial solutions.
Strengthening Financial Inclusion and Future Outlook
By expanding its branch network and introducing modern digital products, Manjushree Finance aims to contribute to broader financial inclusion in Nepal. The opening of the Thapathali branch is expected to benefit small businesses, individual entrepreneurs, and students in the area by providing easier access to savings, specialized credit, and remittance services.
The company believes that physical branch expansion, when combined with innovative digital banking solutions, plays a crucial role in building customer trust. While digital apps provide convenience, the physical presence in Thapathali ensures that customers have a tangible point of contact for complex financial advisory and high-value transactions.
The launch of the Thapathali branch reflects a long-term vision of sustainable growth. With strong financial fundamentals, a healthy capital adequacy ratio of 12.81 percent, and a growing footprint, Manjushree Finance is well-positioned to strengthen its role in the financial sector of Nepal. Industry observers note that continued expansion through owned infrastructure and technology partnerships will likely enhance the competitive standing and customer satisfaction of the company for years to come.
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