Personal Finance – Global IME Bank Blog https://www.globalimebank.com/blog Tutorials, FAQs and banking articles Mon, 23 Mar 2026 08:26:16 +0000 en-US hourly 1 https://www.globalimebank.com/blog/wp-content/uploads/2025/01/gibl_logo_scr_3bb2aa175b-150x150.webp Personal Finance – Global IME Bank Blog https://www.globalimebank.com/blog 32 32 What is a Debt Trap and How to Avoid It: A Practical Guide https://www.globalimebank.com/blog/what-is-a-debt-trap-and-how-to-avoid-it-a-practical-guide/ Tue, 10 Mar 2026 10:54:58 +0000 https://www.globalimebank.com/blog/?p=6192 A debt becomes a trap when an individual finds themselves in the repetitive cycle of borrowing, where repayments and high interest rates consume a large percent of their income, and so they face difficulty paying off the principal amount. Because of this, people are led to taking out new loans to cover the old ones […]

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]]> Financial Literacy: Essential Money Management Skills Everyone Should Master https://www.globalimebank.com/blog/financial-literacy-essential-money-management-skills-everyone-should-master/ Sat, 21 Feb 2026 04:36:57 +0000 https://www.globalimebank.com/blog/?p=6007 Financial literacy is knowing how to handle your money in a systematic manner so it actually works for you. It’s not just about earning money, but also about being aware of where your money goes, how to save, and how to avoid unnecessary debt traps. In short, it’s about being smart with money in real […]

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]]> How to Apply IPO for Foreign Employment Quota in Nepal? https://www.globalimebank.com/blog/how-to-apply-ipo-for-foreign-employment-quota-in-nepal/ Sat, 14 Feb 2026 05:27:24 +0000 https://www.globalimebank.com/blog/?p=5976 The Government of Nepal has taken a step to include Nepali citizens working abroad in the capital market by reserving 10% of IPO shares for them under a special Remittance Quota, effective from Kartik 17, 2079 (November 3, 2022). The Securities Board of Nepal (SEBON) has implemented the guidelines Securities Issuance and Allotment (Sixth Amendment) […]

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]]> A Guide to Energy‑Efficient Comfortable Home Loans https://www.globalimebank.com/blog/energy%e2%80%91efficient-comfortable-home/ Thu, 29 Jan 2026 08:42:53 +0000 https://www.globalimebank.com/blog/?p=5911 Green home loans are becoming increasingly popular due to the growing demand for eco-friendly and energy-efficient homes. These loans not only help you achieve a sustainable living environment but also contribute to reducing energy costs and improving property values. In this guide, we will explore the benefits of green home loans, why they are gaining […]

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]]> FD Laddering in Nepal: A Smart Fixed Deposit Strategy for Better Returns and Liquidity https://www.globalimebank.com/blog/fd-laddering-nepal/ Wed, 19 Nov 2025 11:14:50 +0000 https://www.globalimebank.com/blog/?p=5679 When it comes to safe investment, fixed deposit is one of the popular options among people. It offers guaranteed returns at low risks. However, the traditional method of locking all funds in a single fixed deposit limits flexibility and cannot access funds when needed. That’s where FD Laddering comes in, a strategy that allows you […]

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]]> Essential Home Loan Terms You Need to Know in Nepal https://www.globalimebank.com/blog/essential-home-loan-terms/ Sun, 19 Oct 2025 11:38:25 +0000 https://www.globalimebank.com/blog/?p=5612 Buying a house is a major money decision that is going to affect your life. Most people in Nepal, however, will have to get a home loan to be able to buy a house. In Nepali it is also know as आवास कर्जा or घर कर्जा . Knowing these words is definitely necessary—not only convenient. […]

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]]> Essential Education Loan Terms Students Need to Know in Nepal https://www.globalimebank.com/blog/education-loan-key-banking-terms/ Tue, 14 Oct 2025 09:16:55 +0000 https://www.globalimebank.com/blog/?p=5603 Higher education is a crucial for having a bright career in the future. But the quality education, either in Nepal or abroad, may turn out to be out of budget and as a result, someone may face the challenge of covering the high prices. Thus, loans for students have become a vital means of support […]

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]]> First-Time Home Buyer Loans in Nepal: A Guide to NRB’s Policies https://www.globalimebank.com/blog/first-time-home-buyer-loans-in-nepal/ Mon, 13 Oct 2025 08:23:04 +0000 https://www.globalimebank.com/blog/?p=5591 Buying your own home is the most important event in the lives of many Nepali families. It is no longer just an investment but a sign of stability and success. Now, due to the new guidelines of Nepal Rastra Bank (NRB), first-time buyers have more access to affordable home loans with favorable terms. The homeownership […]

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]]> Pay SSF Contribution (Social Security Fund) from abroad with Global Smart Plus https://www.globalimebank.com/blog/sst-social-security-fund-payment-online/ Thu, 31 Jul 2025 09:45:26 +0000 https://www.globalimebank.com/blog/?p=4879 As a million Nepalis who work overseas, your priority is to secure your financial future and that of your family back home. The Social Security Fund (SSF) of the Government of Nepal is one such important safety net, which offers benefits in terms of medical needs, accidents, and safe pension post-retirement. However, to participate in […]

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]]> Financing Education: Required Documents for Education Loans in Nepal https://www.globalimebank.com/blog/required-documents-for-education-loans/ Wed, 16 Jul 2025 10:25:38 +0000 https://www.globalimebank.com/blog/?p=4814 Acceptance letter from a prestigious university is a significant step towards further studies. The next critical step is to organize the necessary finances. For the majority of Nepalese students, an education loan is the ideal solution to fund their academic journey, either domestically or internationally. The loan application process, however, requires proper preparation, particularly documentation. […]

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