Nepal Rastra Bank (NRB) has recently put into practice a new regulation regarding collateral-free loans for Nepalese citizens with working permits from foreign countries. As part of the monetary policy of FY 2081/82 announced by the Governor Maha Prasad Adhikari, these loans will be extended on the condition that borrowers’ remittances will be credited to their respective banks.

The NRB officially released this policy on Friday, aiming to support workers abroad by facilitating easier access to financial resources without requiring traditional collateral.