Institutional Membership Guidelines

About Annual Registration

The Annual Registration policy shall apply to all the Institutional Members of BFIN. The Board of BFIN shall review the annual registration policy from time to time.

Eligibility

Institutional Member of BFIN will enable your Organization to be a part of the Financial Community and will have opportunity to join BFIN’s events and training programs at preferential rates.

Government & Regulating Agencies in Nepal, Commercial Banks, Development Banks, Finance Companies, Micro Credit Institutions, Non-Bank Financial Institutions, Insurance Companies, Capital Market Institutions, Credit Rating Agencies, Development Agencies, Associations and other Public & Private Sector Organizations are eligible to apply for Institutional Annual Registration. Applications for Institutional Annual Registration are reviewed and approved by the designated approving authority of BFIN.

Obligation

The Institutional members shall abide by the Annual Registration policy as prescribed by the BFIN time to time. The following are the obligations of the institutional members:

  • Offering suggestions, participation and sharing of knowledge & ideas by being proactive and innovative for the development of the Organization and as a whole for the Industry.
  • Commitment to support BFIN by offering ATLEAST 20% of budget allocated for training & development of employees or Rs. 30,00,000 (In words: Thirty Lakhs Only), whichever is less inclusive of all the services offered by BFIN.
  • Support BFIN to maintain and improve quality of services through feedback and suggestions.
  • Each Institutional Member will expressly give consent to the BFIN to use the corporate logo on the website of the BFIN.
  • Each Institutional Member shall provide brief profile of their organization and other relevant information to upload on official website of BFIN periodically.
  • Pay annual Registration fee on time.
  • If any member fails to pay subscription in arrears for one year and fails to pay such arrears within three months after a notice has been sent to them by the BFIN management, their name will be removed from the list of institutional members.
  • The designated approving authority of the Institute will have the right to cancel the Annual Registration, if in the opinion of the Council, member institution willfully acted in contravention of the Code of Conduct of BFIN.

 

FEE STRUCTURE

The following annual Registration fee shall be applicable to all the Institutional members. Fees and charges are determined by the Board of BFIN from time to time. The annual Registration fee is non-refundable and payable at the time of obtaining Annual Registration. Institutional members are required to renew their Annual Registration annually within the stipulated time.

Nature of Institutions

Annual Registration Fee (in Rs.)

Government/Regulating Agencies

3,00,000

  

Commercial Banks

3,00,000

  

Development Banks 

National Level

2,00,000

Regional Level

1,50,000

District level

1,00,000

 

Finance Companies 

National Level

1,50,000

Regional Level

1,00,000

District level

50,000

 

Micro Finance Institutions 

National Level

1,50,000

Regional Level

1,00,000

District level

50,000

 

Non-Bank Financial Institutions

1,00,000

 

 

Insurance 

Life

1,50,000

Non-Life

1,50,000

 

Capital Market related Institutions

50,000

 

 

Cooperatives

50,000

 

 

Other Entities 

Development Agencies

3,00,000

Public Sector

              3,00,000

Private Sector

              3,00,000

Associations

1,00,000

Rating Agencies

1,00,000

Fees for others Organizations not covered above will be decided by BFIN’s Board.

Benefits

The main benefits of Institutional Members are classified into 4 different broad categories:

  1. The members will have the opportunity to be “Informed” of recent developments shaping the financial sector nationally and globally.
  2. The members will have the opportunity to be “Connected” with peers, regulators and related national and global stakeholders.
  3. The members will have the opportunity to be “Educated” through trainings, conferences, education, accredited courses, study visits, discussion, etc.
  4. The members will have the opportunity to be “Qualified” through accredited courses offered by BFIN in association with national and international Universities, Colleges and recognized Associations.

To maximize these benefits, members will be entitled to following benefits and services:

  • Opportunity to be a speaker/paper presenter to the top officials of member Organization in national and international conferences.
  • 15% to 25% discount on standard training/conference/workshop fee.
  • 25% to 40% discount on advertisement and promotion through BFIN’s website, journal and other publication.
  • 10% to 20% discount on standard price of all priced publications.
  • Opportunity to conduct tailor-made training programs.
  • Complementary e-journal.
  • Complementary circulation of cutting-out of news relating to financial sector from leading paper newspapers.
  • Opportunity to attend complementary “Annual Members Meet”. 
  • Annual Registration Certificate.
  • Listing of institutional members along with address in BFIN’s website.
  • Priority on registration in BFIN's key events.
  • Regular updates on news and information to institutional members through electronic media.
  • Intern and Job Placement services.
  • Opportunity to showcase members’ opinion.
  • And other benefits & services announced by BFIN time to time.

The benefits listed above are subject to review from time to time and the members will be informed via established communication channels on account of any changes thereon.

Annual Register

The BFIN will maintain and update at its official website regularly for visibility to the national and global community.

Application Form

Interested Organizations are requested to fill-up the attached Annual Registration form and submit to the following address along with the prescribed annual Registration fee. The Annual Registration form can also be downloaded from the official website of BFIN. 

The annual Registration fee either can be submitted to office of BFIN by account payee cheque or deposited directly on the following Bank Account:

Contact Details

For any inquiries, please contact at the following address:

Banking Finance and Insurance Institute of Nepal Ltd. (BFIN)

2nd Floor, Krishna Tower, New Baneshwor, Kathmandu

Phone: 01-4787401/2/3

Email: info@bfin.com.np

Website: www.bfin.com.np