With this agreement, NIMB has officially become the banking partner of NEA, effective immediately, with an annual renewal provision based on mutual understanding. Through this strategic partnership, NIMB will extend comprehensive financial solutions to NEA members across the country, in coordination with each provincial committee of NEA.

Key Highlights of the Agreement:

1. NIMB Professional Savings Account for NEA Members

- Special savings account tailored for engineers and architects.

- Includes flat accidental and permanent disability insurance coverage of NPR 10 lakhs upon account opening.

2. NIMB Karmachari Bachat Khata

- Designed for NEA staff, including non-members and non-engineers.

- Offers a smart loan facility of up to NPR 5 lakhs

3. NIMB Clean Social Loan

- Exclusive for NEA members.

- Collateral-free loan of up to NPR 15 lakhs.

4. NIMB Startup Loan

- Available to all NEA members to support entrepreneurial ventures.

- Loan Amount:

* Up to NPR 2 crore at Base Rate +1.0% p.a. or Fixed Interest Rate of 7.99% p.a. for one year (revolving).

* Above NPR 2 crore: As per NIMB’s published rates.

We are confident that this collaboration will empower engineers and architects by providing greater financial access and stability. We believe this strategic partnership will significantly benefit both organizations and contribute to the overall professional and economic growth of NEA members.

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