NIFRA offers a variety of loan products that aims to cater to the financial requirement of projects across various infrastructure domains. Presently, NIFRA issues long-term loans for developing projects across various infrastructure sector (as per NRB directives) with a repayment tenure of 5-15+ years. NIFRA extends long-term loans at market-competitive interest rate.
Further, NIFRA provides fund based and non-fund based short term credit facilities to the projects banking with it. Under fund-based credit facilities, the bank provides working capital loans, short term loans, bridge gap loan, demand loan, contractor loan, auto/ equipment loan etc. to infrastructure projects. While non-fund-based facilities include Bid Bond, Performance Bond, advance payment guarantee, financial guarantee, counter guarantee, letter of credit (import and export), etc.
Additionally, NIFRA is looking into financing municipality infrastructure projects like waste management, urban infrastructure, etc. under private sector participation (PSP). NIFRA has signed a Memorandum of Understanding with Province 1 government and is seeking to collaborate with other provinces of Nepal for developing such infrastructure projects.