Reliance Finance Reopens Dhading Branch at New Location

15th October 2025, Kathmandu

In a significant move that underscores its commitment to regional financial access and customer convenience, Reliance Finance Limited (RFL), a leading “Class C” financial institution licensed by Nepal Rastra Bank, has officially reopened its Dhading branch at a new, strategic location.

Reliance Finance Reopens

The branch has been successfully relocated from Arughat in Gorkha District to the bustling hub of Dhadingbesi in Dhading District. This strategic shift places the financial service provider squarely in the heart of the district’s commercial and administrative activities, promising enhanced banking experiences for the local community.

The formal reopening ceremony was graced by the presence of the company’s Chairman, Mr. Kush Prasad Mall, highlighting the institutional importance of this expansion. This marks another crucial step in RFL’s journey, which began operations on December 2, 2009 (2066/08/18 BS) and is currently headquartered in Kamaladi, Kathmandu. With this latest strategic relocation, Reliance Finance solidifies its nationwide footprint, extending its network to 22 branches that span key commercial centers across the country, from the capital region to the eastern and western development hubs.

The Strategic Imperative of the Dhadingbesi Relocation

The decision to relocate the branch to Dhadingbesi—the designated district headquarters of Dhading—is a classic example of market-driven strategic positioning in the finance sector. As Deputy CEO Ramhari Acharya noted, the move is explicitly intended to “provide better access and convenience to local customers.”

Dhadingbesi is the principal administrative and commercial nucleus of the Dhading District. By establishing a presence in Bich Bazar, Nilkantha Municipality Ward No. 3, Reliance Finance is maximizing its exposure to a higher concentration of potential customers, including local businesses, government employees, and residents who frequently visit the area for commercial and bureaucratic reasons. This strategic density allows the company to more effectively deliver its core mandate: promoting financial inclusion and capital mobilization.

In the context of Nepal’s banking landscape, where Class C Finance Companies play a vital role in providing essential financial services outside of the major metropolitan centers, placing a branch in a district headquarter ensures that development activities, local trade, and the ever-important remittance inflows are efficiently channeled into the local economy. This is a deliberate strategy of moving closer to the center of economic gravity within the district to facilitate smoother transactions and faster access to credit and deposit services. This proximity to the customer base aligns perfectly with RFL’s mission to “Experience the redefinition of Service,” by ensuring that quality financial solutions are not just available, but conveniently accessible.

Redefining Financial Services: Reliance’s Comprehensive Offerings

Reliance Finance operates under the slogan “Redefining Financial Services,” a commitment it fulfills by offering a diverse portfolio of products designed to meet the evolving needs of its clientele across Nepal. As a Class C financial institution, RFL is authorized by the Nepal Rastra Bank (NRB) to perform critical banking functions, thereby supporting both individual savings goals and local entrepreneurial growth.

The primary services offered through the Dhadingbesi branch and its network include:

• Convenient Loans and Credit Facilities: This category encompasses a range of financial products crucial for stimulating local economic activity. This typically includes Home Loans, Business Loans for small and medium enterprises (SMEs), Share Loans, and Auto Loans, which are essential for capital expenditure and consumption in the region. By providing short- and intermediate-term credit, RFL empowers local entrepreneurs and supports the purchase of key assets.
• Attractive Deposit Schemes: A cornerstone of its operation is resource mobilization through various deposit products, such as Saving Accounts (including Sarathi and Investor’s Saving Accounts) and Fixed Deposits. These schemes develop a savings culture among the populace and provide the institution with the necessary capital to finance local lending.
• Remittance Services: Given Nepal’s reliance on remittances, RFL offers essential remittance services (both inward and potentially outward, in local and Indian currency), ensuring that money sent by family members abroad reaches the beneficiaries in Dhadingbesi and surrounding areas quickly and safely. This is a critical service that directly impacts the local economy’s liquidity and consumption patterns.
• Digital Financial Solutions: Keeping pace with the modern banking era, Reliance Finance has heavily invested in digital financial solutions. This includes Mobile Banking services, and the promotion of cashless transactions through platforms like Connect IPS E-payment and Electronic Cheque Clearing (ECC). These digital channels ensure that even in semi-urban areas like Dhadingbesi, customers can conduct financial activities efficiently and securely, which is paramount to the strategy of convenience and service excellence.
• Ancillary Services: Furthermore, RFL facilitates other necessary financial services, such as agency services for debit and credit card issuance, and in some eligible branches, safe deposit vault/locker facilities, enriching the overall customer value proposition.

Expanding the Footprint: A Commitment to National Inclusion

The relocation to Dhadingbesi is consistent with the broader operational strategy of Reliance Finance, which aims for services with financial literacy and social inclusiveness. By strategically placing its 22 branches, RFL plays a significant role in bridging the gap between highly concentrated banking services in major cities and the needs of rural and semi-urban communities.

Nepal Rastra Bank’s classification of financial institutions aims to ensure that various classes of banks and finance companies cater to different segments and geographies. Class C Finance Companies, with their focus on deposit mobilization and credit supply, are instrumental in fostering capital accumulation and ensuring the efficient allocation of resources for national development. The commitment of RFL to strengthening its regional presence, exemplified by the Dhadingbesi move, demonstrates a clear drive to support grassroots economic growth and contribute to the national goal of wider financial access. This approach, centered on customer focus and leveraging digital technology for enhanced service delivery, positions Reliance Finance as a pivotal partner in the development narrative of Dhading and the wider Bagmati Province.

For More: Reliance Finance Reopens