Himalayan Life Insurance Loan Up to 1 Lakh Now Online
17th March 2026, Kathmandu
Himalayan Life Insurance Limited (HLI) has launched a pioneering digital service that allows policyholders to secure a Himalayan Life insurance loan of up to NPR 1 lakh directly through the Khalti app.
Himalayan Life Insurance Loan
By integrating insurance services with fintech, the company is eliminating the need for physical paperwork and office visits, allowing customers to use their insurance policies as collateral with just a few taps on their smartphones.
Modernizing Policy-Backed Credit
This initiative follows the digital transformation goals of the Nepal Insurance Authority, aiming to make financial services more accessible to the general public. Policyholders who have consistently paid their premiums can now access liquidity during emergencies without surrendering their long-term protection.
Key Features of the HLI Digital Loan
The digital loan facility is designed for speed and security. Unlike traditional bank loans, this policy-backed credit does not require external guarantors or extensive property valuation, as the surrender value of the insurance policy itself acts as the security.
Instant Disbursement: Once approved, the funds are credited directly to the user’s Khalti wallet or linked bank account.
Office-Free Process: The entire journey from application to verification is handled digitally.
Regulated Framework: The loan terms comply with the prevailing guidelines set by the Nepal Insurance Authority regarding policy loans.
Step-by-Step Application Process
To apply for a Himalayan Life insurance loan, policyholders must ensure they have the latest version of the Khalti app installed. The process is straightforward:
Open the Khalti App: Navigate to the “Financial Services” section and select “HLI Digital Loan.”
Enter Policy Details: Input your valid insurance policy number for verification.
Loan Request: Specify the amount you wish to borrow (up to the eligible limit of NPR 1 lakh).
Verification: Enter the One-Time Password (OTP) sent to your registered mobile number.
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Receive Funds: After automated verification, the loan amount is transferred instantly.
Eligibility and Documentation Requirements
To ensure a smooth application, policyholders must meet specific criteria mandated by both the company and the regulator:
Policy Maturity: The insurance policy must have been active for at least three consecutive years.
KYC Alignment: The mobile number registered with Khalti must match the contact information provided in the original insurance KYC documents.
Policy Status: The policy must be in an “Active” or “In-Force” status with no outstanding premium dues.
Collateral Limit: The loan amount is determined based on the current surrender value of the policy, with a maximum cap of NPR 100,000 for this digital platform.
Strategic Benefits for Policyholders
The Himalayan Life insurance loan via Khalti offers a safe alternative to informal lending or high-interest personal loans. By leveraging their own savings within the insurance policy, customers benefit from:
Lower Interest Rates: Policy loans typically carry lower interest rates compared to unsecured personal credit.
No Impact on Coverage: Taking a loan does not terminate the insurance coverage; the life risk remains protected as long as interest is managed.
Credit during Emergencies: The 24/7 availability of the Khalti app ensures that funds can be accessed even during holidays or after banking hours.
Leadership Vision
Kapil Kumar Dahal, CEO of Himalayan Life Insurance, highlighted that this move is a testament to the company’s commitment to “Insurance at your Fingertips.” By partnering with Khalti, HLI is setting a new benchmark for customer convenience in the Nepalese insurance sector.
Conclusion
The introduction of the Himalayan Life insurance loan via the Khalti app represents a significant leap toward a digital-first insurance experience in Nepal. For policyholders, it provides a powerful financial tool that turns a long-term protection plan into a source of immediate liquidity. As more people embrace digital wallets, such integrated services will play a crucial role in enhancing financial resilience across the country.
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