Kalika Securities Pvt. Ltd. is a prominent and trusted name in Nepal’s dynamic stock market landscape. As the 46th NEPSE (Nepal Stock Exchange) Stock Broker, we take pride in our role as a reliable partner for investors seeking excellence in stock brokerage services.
Our Dedication to the Nepali Stock Market
At Kalika Securities, our primary mission is to empower investors by equipping them with the tools and knowledge necessary to navigate the complexities of the Nepali Stock Market. In today’s fast-paced financial world, access to reliable and timely information is paramount. Therefore, we are fully committed to delivering top-notch services and a wealth of resources to our valued clients.
Seamless Navigation of Meroshare and CASBA
We fully understand the pivotal role that modern technology plays in stock trading. With the emergence of platforms such as Meroshare and CASBA, we are resolutely committed to simplifying the investment journey for our clients. Whether you are a seasoned investor or just embarking on your investment journey, our user-friendly systems and expert guidance ensure a smooth and hassle-free trading experience.
Your Trusted Partner in Stock Brokerage
As a leading stock brokerage firm in Nepal, we take immense pride in our commitment to transparency, integrity, and professionalism. We firmly believe that the foundation of our success lies in establishing enduring relationships with our clients. Our team of seasoned experts is dedicated to assisting you at every stage of your investment journey, from initial account setup to the seamless execution of your trades.
Unlock the Potential of Nepal’s Stock Market
Nepal’s stock market is brimming with opportunities, and at Kalika Securities Pvt. Ltd., we are here to help you unlock its full potential. Whether you are an individual investor or a corporate entity, our tailored solutions and personalized services are designed to meet your unique needs.
Join Us on the Path to Financial Success
Are you ready to embark on an exciting journey into the world of stock trading in Nepal? We invite you to join us at Kalika Securities Pvt. Ltd., where we are not just your stockbroker, but your trusted partner in your pursuit of financial success. Together, let’s chart a course toward a prosperous financial future.
In 2064 Poush, Neev Securities Pvt. Ltd., a distinguished stock broker designated as No. 47, was established in Nepal. Our firm boasts a robust foundation, having successfully registered under Nepalese company registration statutes and secured a coveted stock broker license issued by the Nepalese Securities Board. Commencing our operations from Bhadra 2067, we have since been dedicated to serving the financial needs of our valued clients.
At present, our organization is bolstered by a dedicated team of 16 full-time professionals at our esteemed head office, and an additional 5 full-time employees stationed at our Ithari branch office. Our office infrastructure spans an impressive 2000 square feet, ensuring a conducive environment for optimal service delivery. Moreover, our commitment to operational excellence extends to the implementation of a reliable backup system, assuring the security and continuity of our services.
Concentrating on customer-centricity, we have proudly extended our services to more than 7,000 clients within a relatively brief timeframe. Our core philosophy revolves around delivering excellence in client service, and we continually tailor our business model to align with their specific needs and preferences. We recognize the significance of cultivating enduring relationships with our clients, and it is this belief that underscores our service approach.
At Neev Securities Pvt. Ltd., we hold business integrity, confidentiality, and promptness in service as paramount values woven into the very fabric of our organization. Our unwavering commitment to these principles ensures that we consistently provide exceptional customer service. It is our privilege to serve you, and we look forward to fostering long-term partnerships built on trust and reliability.
Located conveniently on the fourth floor of Kathmandu Plaza in Kamaladi, our headquarters serve as a central hub for our operations, allowing us to cater to the diverse financial needs of our clients efficiently. We invite you to experience the Neev Securities difference, where exceptional service and client satisfaction are our utmost priorities.
Gold has experienced a consistent decline in value for the past four consecutive trading days. As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current trading rate for pure gold stands at Rs. 1,18,300 per tola. This marks a reduction of Rs. 200 compared to the previous day’s trading value of Rs. 1,18,500 per tola.
Similarly, Tejabi gold is currently priced at Rs. 1,17,750 per tola, indicating a decrease of Rs. 200 from the previous day’s rate of Rs. 1,17,950 per tola.
Narayani Development Bank Limited (NABBC) has released its fourth-quarter report for the financial year 2079-80, showing a net loss of Rs. 2.91 crores. This marks an improvement compared to the same quarter in the previous financial year (2078-79), where the company had a higher net loss of Rs. 5.42 crores. Notably, the impairment charges have decreased and totaled Rs. 49.83 lakhs up to Q4 of the recently concluded financial year.
Nepal Rastra Bank (NRB) has responded to the accumulation of excess liquidity in the banking system by issuing another reverse repo. After previously issuing reverse repos on two separate occasions, NRB has now introduced Rs. 20 Arba on Tuesday. The reverse repo is a monetary tool utilized to absorb surplus liquidity and bring stability to the system. Considering there is approximately Rs. 40 Arba of excess liquidity in the system, this marks the fourth reverse repo issued by NRB during the current financial year.
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.
Receive token and EDL print
Provide Biometrics
Pass medical checkup
Calculate your fees
Payment
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
Citizenship original and photocopy
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.
The Nepal Bankers’ Association (NBA) has published a comprehensive study on deposit and lending trends in Nepal’s commercial banks. This information is current as of the end of Magh in 2079. Until Falgun 01, the CD ratio was 86.24.
The total amount of deposits increased by Rs. 14 billion (Arba) in the fourth week of Magh month, reaching Rs. 4741 billion. Deposits totaling Rs. 4630 billion have been made in rupees, with the remaining Rs. 111 billion in foreign currency. The total deposits at the start of Magh were Rs. 4708 billion.
