The most commonly used guarantees are as under:
Bid Bond (Tender Bond)
Performance Bond Guarantee
Advance Payment Guarantees
Counter Guarantee
Deferred Payment / Supplier Credit Guarantee
s best practices to international forum, NCBL is the member of International Cooperative Alliance (ICA), Network for the Development of Agricultural Cooperative for Asia and the Pacific (NEDAC), Association of Asian Confederation of Credit Unions (ACCU)
Our Affiliation
International Cooperative Alliance (ICA)
Network for the Development of Agricultural Cooperative for Asia and the Pacific (NEDAC)
Association of Asian Confederation of Credit Unions (ACCU)
Center for International Cooperation and Training in Agricultural Banking (CICTAB)
Asia-Pacific Rural and Agricultural Credit Association (APRACA)
International Cooperative Banking Association (ICBA)
International Raiffeisen Union (IRU)
NCBLNational Cooperative Bank Limited (NCBL) was established in 2003, as the only bank in the cooperative movement of Nepal at national level, in exercise of the power conferred by the sub-section 4 of section 26 under the then prevailing Cooperative Act, 1992 (first amendment, 2000) and from the recommendation of Nepal Rastra bank (Central bank of Nepal) as an umbrella institution to provide banking and financial services to all its member cooperatives following the long and continuous demand and efforts of cooperators
In order to follow up, the bank has developed a flexible index for the savings and credit business of the association/ institution, as well as the savings and credit bank business
A cooperative organization can issue COOP Card in its own name to attract new generation of members by promoting use of latest payment technology and maintain trust by reducing risk of cash transactions
The member cooperative registered with internet banking service and subscribed to the Cheque Transfer Service through application form can browse the portal for transferring the amount from their saving account maintained at NCBL to any other BFI'
