IME Life Launches E-Loan Service for Policyholders

Kathmandu – IME Life Insurance Company Limited has officially launched its new digital loan facility, branded as the “IME Life E-Loan Service,” enabling policyholders to apply for and receive loans from the comfort of their homes.

The service was inaugurated on Tuesday by Chairman Dr. Ramhari Aryal during a formal event held in the presence of the company’s Board of Directors and top management officials.

Under this new offering, eligible policyholders can now apply for loans ranging from NPR 5,000 to NPR 100,000 through IME Life’s mobile application or official website. The service is available 24/7 for loan applications, while approved amounts will be credited to the insured’s bank account during office hours or immediately after the start of the next working day if applied on holidays.

To be eligible for the e-loan service, policyholders must have completed their Know Your Customer (KYC) verification and have paid insurance premiums for at least three consecutive years. Notably, IME Life has announced that no additional service fees will be charged for availing of the e-loan facility.

Pawan Kumar Khadka, Chief Executive Officer of IME Life Insurance, expressed confidence that the e-loan service will significantly enhance customer experience by offering fast, secure, and convenient financial support. He further added that, this is part of their effort to improve service delivery through digitization and automation in line with our company’s mission. .