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  • How to Renew Driving License in Nepal

    How to Renew Driving License in Nepal


    You need to renew your driving license in Nepal every 5 years and it can be done through any Transport Management office.

    Even though there are only a few steps to license renewal in Nepal, it almost takes 2 to 3 hours.

    As offices are closed on weekends and so is the DOTM Nepal most of us need to take half a day or take leave from work just to renew our license.

    This is also one of the main reasons why people get fined and have to pay late renewal fees.

    Service Driving License Renewal in Nepal
    Issued By Department of Transport Management
    Validity 5 Years
    Renewal Fee Rs 1500
    Fine After 90 days or more
    Payment Methods Cash
    Application Mode Offline
    Official website https://www.dotm.gov.np/

    To renew your driving license in Nepal you will need to visit the Department of Transport Management office and follow the process below.

    1. Receive token and EDL print
    2. Provide Biometrics
    3. Pass medical checkup
    4. Calculate your fees
    5. Payment
    6. Receive receipt (Wait for license print)

    As you already know Nepal has started implementing smart driving licenses including an option to upgrade for existing license holders.

    This has hugely impacted DOTM’s printing and distribution timing, some are still waiting for their license after a year, so you might have to wait a little longer to receive your driver’s license.

    But you will receive a receipt that can be used as a replacement until you receive your original renewed license.

    Documents required to renew a driving license are

    1. Citizenship original and photocopy
    2. License original and photocopy

    Step-by-Step Guide process to renew License in Nepal 2023

    1. Receive token and EDL print

    The first step is to take a token number for your license renewal, this is the waiting list. And receive your EDL print (license information) from room 101.

    The room number might be different for different cities and offices.

    2. Provide Biometrics

    The second step is to give or verify your digital biometrics, if you have given your biometrics to DOTM then they will verify your digital fingerprint and if your information matches. You will be sent to the next step.

    3. Medical checkup

    The third step is to pass your medical, which is usually an eyesight and color blindness test. They will check if you can see properly or not.

    If you fail this test then you might need to wear glasses and come back later.

    4. Calculate your license fees

    The fourth step is to calculate how much you need to pay to renew your license. This depends on your license type and if you are paying on time or not.

    If you have to pay for renewal before 90 days of expiry then you do not have to pay a fine but if this exceeds then you will be fined. Check the table below for fines and fees.

    5. Payment

    The fifth step is to pay your fees, you need to fill out a bank voucher and deposit it.

    6. Receive a receipt

    After paying you need to wait for the receipt. After it is ready they will call you by name and give it to you.

    You will receive two receipts. One is payment and the other (Pink) can be used as a license.

    After this, you can go home, and to check your license print status you can check their official website.

    About License Renewal fees in Nepal

    The Department of Transport Management charges renewal fees to all Nepalese license holders after the expiry date.

    As of 2023 Driving license renewal charges in Nepal start from Rs 1500 for two-wheelers, 2000 for small vehicles such as Cars and Jeeps, 2500 for heavy vehicles, and the highest will be Rs 3000.

    These renewal fees are divided into categories of vehicles see the image below for more information.

    How much is the fine for an expired license in Nepal?

    The validity of your license in Nepal is of 5 years only and if you want to keep using it then you need to renew it accordingly.

    If you fail to renew your license on time then you will have to pay a fine as high as 500% plus your actual renewal fees.

    If you fail to renew your license within 90 days of expiry, you will be charged 100% until the first year and will keep on adding 100% as the year passes by.

    How much is the fine for an expired license in Nepal?

    You need to pay a fine of 100% to 500% in Nepal if you fail to renew your license on time.

    After how many months will I have to pay fines for an expired license in Nepal?

    The Department of Transport Management starts charging fines for driver’s licenses after 3 months or 90 days of their expiry.

    Frequently Asked Questions on License Renewal

    How much does it cost to renew a license in Nepal in 2023?

    The entry fee for renewing a license in Nepal is Rs 1500, excluding other charges such as photocopies, photos, stamps, and application charges.

    The cost of renewal depends on what type of license you own such as Bike, Car, and Big vehicle.

    What happens if a driving license is expired?

    If your license is expired, then you cannot drive in public spaces. Unless you renew your license and pay the government the renewal fee. Also if you are caught driving without a license then you will be fined and might get other punishments as well.

    How to renew a driving license in Nepal?

    Visit DOTM and follow the steps below to renew a license in Nepal.

    1. Receive token and EDL print
    2. Provide Biometrics
    3. Pass medical checkup
    4. Calculate your fees
    5. Payment
    6. Receive receipt (Wait for license print)

    Can I renew my driving license online in Nepal?

    Yes, you can renew your driving license online, visit the DOTM’s official website dotm.gov.np for more information and the application process.

    Where can I renew my license in Kathmandu?

    You can renew your license from The Department of Transport Management office in Kathmandu.

    Where can I renew my license in Pokhara?

    You can renew your Driving license from DOTM which is located in the Transport Management Office: Driving License, Prithivi Chowk, Pokhara

    Do I need to pay fines for an expired license in Nepal?

    You have 3 months or 90 days after your license expires, after this period you will be fined 100% for the first year.

    What is the maximum validity of a license in Nepal?

    In Nepal, the maximum validity of a Driving License in Nepal is of 5 years.

    What document do I need to renew my license in Nepal?

    Documents you need to renew your license in Nepal are a citizenship certificate, an expired driving license, and photographs.

    Can I renew my license early in Nepal?

    Yes, you can renew your driving license early in Nepal.

    How to check the status of driving license renewal in Nepal

    It is easy to check the status of your license, you can check it on your driver’s license. It has all the information including the expiry date.

    How to renew a driving license that has expired more than 90 days in Nepal

    You can renew your driving license as usual but as it has exceeded more than 90 days, you will be charged a 100% fine for it.

  • List of Companies With IPO Shares That Have Not Yet Been Listed on NEPSE; 9 Companies Are Also Planning an IPO

    List of Companies With IPO Shares That Have Not Yet Been Listed on NEPSE; 9 Companies Are Also Planning an IPO


    An initial public offering is the process by which a privately held company becomes a publicly traded company by selling its stock to the general public (IPO). An IPO allows a company to raise funds by selling ownership stakes to a diverse group of investors. It is a method for businesses to obtain public funding in order to support operations or grow.

    A company that wants to go public typically hires an investment bank to handle the IPO. The investment bank and the company will work together to determine the appropriate stock price and quantity to be distributed. Following that, the company will file a registration statement with the Securities and Exchange Commission (SEC) detailing its finances and other information.

     

  • Api Power Company Right Shares in SEBON Pipeline; Company to Issue 40% Right Share Soon

    Api Power Company Right Shares in SEBON Pipeline; Company to Issue 40% Right Share Soon


    The Securities Exchange Board of Nepal (SEBON) has added Api Power Company Limited (API) right shares to its preliminary review pipeline.

    The hydropower company intends to issue 40% right shares worth Rs. 1.65 Arba to its existing shareholders in the form of 16,533,137 (1:0.40) units of right shares. API’s current paid-up capital, after adjusting for 7.5% bonus shares, is Rs. 4.13 Arba. As a result, following the issuance of the right share in the ratio of 1:0.40, the company’s paid-up capital will be increased to Rs. 5.78 Arba.

     

  • Kalinchowk Darshan and Asian Hydropower IPO Shares Are Finally Listed On NEPSE

    Kalinchowk Darshan and Asian Hydropower IPO Shares Are Finally Listed On NEPSE


    Kalinchowk Darshan Limited’s IPO shares of 60,00,000 units have been listed on NEPSE. This includes promoter shares as well as shares issued to the general public and project-affected locals.

    The initial transaction price range is Rs. 78.15 to Rs. 234.45. If the company signs the agreement with NEPSE, the IPO shares will trade in the secondary market the following day.

     

  • NEPSE lists IPO shares of Maya Khola Hydropower Company and Supermai Hydropower.

    NEPSE lists IPO shares of Maya Khola Hydropower Company and Supermai Hydropower.


     

    NEPSE has listed 10 million unit IPO shares of Maya Khola Hydropower Company Limited. This includes promoter shares as well as shares issued to the general public and project-affected locals.

    The initial transaction price range is Rs. 88.53 to Rs. 265.59. If the company signs the agreement with NEPSE, the IPO shares will trade in the secondary market the following day.

     

  • Manushi Laghubitta (MLBS) and Shrijanshil Laghubitta (SHLB) Sign Merger Agreement at 1:1 Swap Ratio

    Manushi Laghubitta (MLBS) and Shrijanshil Laghubitta (SHLB) Sign Merger Agreement at 1:1 Swap Ratio


    Following the merger, the institution’s name was changed to Manushi Shrijanshil Laghubitta Bittiya Sanstha Limited. Similarly, for the merger, an equal share swap ratio, i.e. a 1:1 swap ratio, has been finalized.

    For the merger process, a joint merger committee will be formed with 3/3 representatives from both organizations. The goal is to complete the merger process this fiscal year.

     

  • Gold is nearing an all-time high; it gained Rs 1000 per tola today to trade at Rs 106,700, and silver is following suit.

    Gold is nearing an all-time high; it gained Rs 1000 per tola today to trade at Rs 106,700, and silver is following suit.


    In the domestic market today, the price of gold has risen by Rs. 1000.

    According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 106,700 per tola. Yesterday, the rate remained unchanged at Rs. 105,700 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 106,200. In contrast, the rate was kept at Rs. 105,200 per tola yesterday.

     

  • SEBON finally approves Rawa Energy Development’s IPO proposal.

    SEBON finally approves Rawa Energy Development’s IPO proposal.


     

    The Securities Exchange Board of Nepal (SEBON) has approved Rawa Energy Development Limited’s proposed initial public offering (IPO) on Falgun 25.

    The company will now issue 840,000 equity shares at NPR 100 per share. The issue is worth Rs. 8.4 crore. This is equivalent to 30% of the company’s issued capital. The company’s total paid-up capital following the IPO allotment would be Rs 28 crores.

    Prabhu Capital Limited has been appointed as the proposed IPO’s issue manager.

     

  • NEPSE Releases Virtual Trading Platform Demo Version

    NEPSE Releases Virtual Trading Platform Demo Version


     

    Nepal Stock Exchange Limited (NEPSE) has made a test version of a virtual trade management system (simulator) available in order to introduce prospective investors to the technology.

    The main concern is, “How does NEPSE’s online method work?” This method was implemented with the goal of educating people and providing useful information.

     

  • The deadline for the auction of 296,000 Kumari Bank promoter shares has been extended to Chaitra 06

    The deadline for the auction of 296,000 Kumari Bank promoter shares has been extended to Chaitra 06


    The deadline for the sale of 2,96,000 units of promoter share has been extended till Chaitra 6, 2079, according to Kumari Bank Limited (KBL).

    KBL’s existing promoters have started auctioning off their 2,96,000 unit promoter stake. The auction began on the 16th of Falgun and was scheduled to end tomorrow, on the 30th of Falgun, 2079. Nevertheless, because the auction organizer received insufficient applications, the sale has been extended until Chaitra 6.

    Individual investors, businesses, and institutions can all bid in an auction. The minimum bid is Rs. 119. The promoters’ shares have a minimum bid quantity of 10,000 units. Although bidders may bid for the full issue, they must follow the Nepal Rastra Bank’s guideline not to bid more than once.

  • Sanima Middle Tamor Hydropower Issuing 42,48,938 Units IPO Shares Beginning Today

    Sanima Middle Tamor Hydropower Issuing 42,48,938 Units IPO Shares Beginning Today


     

    Sanima Middle Tamor Hydropower Limited will begin issuing 42,48,938 unit shares with a face value of Rs 100 on February 26th, 2079. This IPO is expected to generate Rs 42.48 crore for the company. This issue’s early closing date is 30th Falgun, and if it is not fully subscribed, it can be extended until 10th Chaitra, 2079.

    Out of the total 49,98,750 units, 10%, or 499,875 units, have already been issued and allocated to Nepalese citizens working abroad, while 5%, or 249,937 units, have been set aside for mutual funds. The remaining 42,48,938 units will be available to the general public. Following the IPO, the company’s paid-up capital will be Rs. 3.33 Arba

  • Balephi Hydropower suggests issuing right shares in a 1:0.50 ratio.

    Balephi Hydropower suggests issuing right shares in a 1:0.50 ratio.


    The Balephi Hydropower Limited (BHL) board of directors decided to submit a proposal for approval at the following annual general meeting of the company for the issuance of rights shares in the ratio of 1 equal to 0.5 from the current paid-up capital of Rs. 1.827 Arba. This decision was made at the board’s meeting on Falgun 12. Thus, the company’s enlarged paid-up capital following the right issuance at 50% will be Rs. 2.74 Arba.

    Balephi Hydropower earlier this year sold 18,27,970 units to the general public at a price of Rs 18.27 crore.