Global Remit Karja
A collateral-free loan product designed for Nepali migrant workers.
Overview
Global Remit Karja is a digital, collateral-free loan product designed for Nepali migrant workers currently employed overseas. We understand that unexpected expenses and urgent financial needs can arise anytime. This loan offers a secure and affordable solution to support your family, seize investment opportunities at home, and avoid high-interest borrowing from informal sources.
By providing collateral free loan, the bank aims to encourage the use formal remittance channels, enhance financial inclusion and offer affordable access to credit.
You can apply directly through the Global Smart Plus app. Since, the loan is fully digital, no security or guarantor is required. You may also repay early without any additional charges.
Features
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Loan Amount: Up to NPR 150,000
Loan Tenure: 6 months
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Apply digitally via Global Smart Plus app
No pre-payment charges
Disbursement: Within 3 working days of submitting all required documents.
Eligibility
Applicants must
- Be a Nepali citizen, aged between 18 and 55 years.
- Be currently employed in one of the approved foreign employment corridors (Japan, Qatar, Saudi Arabia, UAE, Kuwait or Malaysia)
- Maintain Global IME Bank account (either a Global Janmabhumi Bachat Khata or Global Remit Saving Account) and have access to the Global Smart Plus mobile banking facility.
- Hold a valid Labor/Work Permit and VISA with a minimum of 9 months' remaining validity.
- Possess a residence or local ID issued by the country of employment.
- Earn a minimum gross salary equivalent to NPR 40,000 per month (verified through payslip, employment contract or bank statement).
- Have remitted at least three remittance transactions via Global Remit amounting the total remittance volume of NPR 60,000 or above to their bank account maintained with Global IME Bank Limited within the last six months.
