The seamless convergence of a proud legacy and bold innovation, redefining the future of Nepal's financial landscape.
We don't just adapt to emerging trends — we anticipate them, influence them, and actively shape the future of financial services.
Batas Hire Purchase
The seamless convergence of a proud legacy and bold innovation, redefining the future of Nepal's financial landscape.
Rooted in the 116-year heritage of the Kedia Organisation, one of Nepal's most respected and enduring business conglomerates, Batas Hire Purchase is a modern fintech enterprise dedicated to transforming credit accessibility and promoting comprehensive financial inclusion across the country.
The Kedia Organisation's longstanding portfolio, encompassing institutions such as Siddhartha Bank, Siddhartha Capital, Siddhartha Premier Insurance, Asan Equity, and Sansma Reliance Life Insurance, has consistently exemplified reliability, progress, and resilience. Batas Hire Purchase builds upon this foundation by advancing into sophisticated digital systems, efficient infrastructure, and inclusive financial solutions designed to meet the evolving needs of Nepali lives.
Far more than a single product, Batas Hire Purchase serves as the strategic backbone and technological engine powering a suite of innovative, trustworthy, and impactful financial offerings in Nepal.
Batas Hire Purchase operates as a fintech initiative under the esteemed Kedia Organisation and is legally registered as Batas Hire Purchase Private Limited. As the parent brand, it embodies cutting-edge innovation in financial services while upholding the integrity and legacy of the Kedia Organisation.
The company was originally incorporated on 31 October 2003 (Ashwin 28, 2060 BS) as Batas Investment Company Private Limited, with its registered office in Pokhara and a branch office in Kathmandu. It obtained its Hire Purchase license as a Non-Banking Financial Institution (NBFI) from Nepal Rastra Bank on 4 February 2015 (Magh 21, 2071 BS).
Renamed Batas Hire Purchase Pvt. Ltd. on 4 January 2024 (19 Poush, 2080 BS), the company has steadily increased its paid-up capital to NPR 300 million to comply with regulatory standards. On 3 April 2025 (Chaitra 25, 2081 BS), full ownership was acquired by the Kedia Organisation.
Specializing in financing solutions for commercial and private vehicles, construction equipment, agriculture, office equipment, industrial plants and machinery, as well as consumer durables including home appliances, we are committed to delivering world-class services. Through a fully digital ecosystem, we offer competitive pricing, streamlined processes, and innovative financing options that prioritize accessibility, security, and customer convenience.
Our Mission
At Batas Hire Purchase, we empower individuals and businesses across Nepal through innovative, customer-centric financial solutions that drive accessibility and inclusive growth. Through strategic partnerships, advanced technology, and strong regulatory compliance, we uphold transparency, efficiency, and integrity. With flexible, fully digital hire purchase financing and reliable customer service, we help bridge the gap between aspiration and achievement.
Our Vision
Lead the way as Nepal's most trusted and innovative hire purchase fintech, redefining access to credit through seamless digital experiences and inclusive financial solutions. We envision a future where every Nepali can confidently pursue their aspirations and build prosperity, enabled by transparent, reliable, and technology-driven financial services.
Core Values
At Batas Hire Purchase, our operations and decisions are guided by a set of foundational principles that reflect our heritage, drive our innovation, and ensure sustainable impact.
Integrity
We uphold the highest standards of honesty, transparency, and ethical conduct in every interaction, building enduring trust with customers, partners, and regulators.
Innovation
We embrace cutting-edge technology and forward-thinking approaches to continuously enhance financial accessibility and deliver seamless, efficient solutions.
Customer-Centricity
We prioritize our customers' needs, aspirations, and convenience, providing personalized, reliable, and inclusive services that empower success.
Inclusion
We are committed to bridging financial gaps, ensuring equitable access to credit and opportunities for all Nepali, regardless of geography, background, or economic status.
Excellence
We strive for superior quality, operational efficiency, and continuous improvement in everything we do, setting benchmarks for service and performance in Nepal's finance sector.
Responsibility
We conduct business sustainably and responsibly, contributing to economic growth, community development, and the broader progress of Nepal.
Fully Licensed & Compliant
Batas Hire Purchase Private Limited is a licensed Hire Purchase company regulated by Nepal Rastra Bank (NRB) in accordance with the Nepal Hire Purchase Act, 2047 and Company Act, 2063, following all applicable guidelines for hire purchase companies.
- Paid-up capital of NPR 300 million, meeting NRB's minimum thresholds
- Adherence to borrowing limits, interest rate spreads, Single Obligor Limit (SOL), Loan-to-Value (LTV) ratios, and prevalent interest rates
- Robust Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) policies encompassing KYC, transaction monitoring, and suspicious activity reporting
- Strong corporate governance, risk management, internal controls, and regular NRB reporting
- Secure handling of customer data in line with privacy and cybersecurity standards
Our Journey from Inception to Industry Leadership
Established in October 2003 — Company incorporated as Batas Investment Company Private Limited, with registered office in Pokhara and a branch office in Kathmandu.
Established in October 2003 — Company incorporated as Batas Investment Company Private Limited, with registered office in Pokhara and a branch office in Kathmandu.
February — Received Hire Purchase License from Nepal Rastra Bank as a Non-Banking Financial Institution (NBFI).
February — Received Hire Purchase License from Nepal Rastra Bank as a Non-Banking Financial Institution (NBFI).
Company officially renamed to Batas Hire Purchase Pvt. Ltd. on 4 January 2024.
Company officially renamed to Batas Hire Purchase Pvt. Ltd. on 4 January 2024.
April — Full ownership acquired by the Kedia Organisation, strengthening its position as a fintech initiative within the group.
April — Full ownership acquired by the Kedia Organisation, strengthening its position as a fintech initiative within the group.
Paid-up capital increased to NPR 300 million to meet regulatory requirements.
Paid-up capital increased to NPR 300 million to meet regulatory requirements.
August — Launched Premium Mobile Loan, expanding into consumer digital financing solutions.
August — Launched Premium Mobile Loan, expanding into consumer digital financing solutions.
February — Reached a milestone of 1000+ Merchant Partners across Nepal.
February — Reached a milestone of 1000+ Merchant Partners across Nepal.
The People Behind Batas
Chief Executive Officer
Mr. Rajendra Prasad Timsina
Chief Business Officer
Mr. Ram Chandra Basaula
Chief Finance Officer
CA Ramesh Baral
Ready to Get Started?
Apply for hire purchase financing today — quick digital process, no branch visit required.