Services of Nagarik Lagani Kosh

Services Offered by Nagarik Lagani Kosh (Citizen Investment Trust - CIT)

Nagarik Lagani Kosh, also known as the Citizen Investment Trust (CIT), offers a range of financial services in Nepal, catering to both individual and institutional needs. These services are designed to enhance savings, investment opportunities, and overall financial security for its clients.

1. Retirement and Savings Schemes

• Pension Funds: CIT provides pension fund schemes, offering a stable and secure retirement planning option for individuals.
• Gratuity Funds: These funds are designed to provide financial benefits at the end of employment terms, ensuring financial security for retirees.
• Insurance Funds: Catering to government employees, including civil servants, teachers, and security forces, these funds offer comprehensive insurance coverage.
• Employee Saving Growth Retirement Fund (ESGRF): This is a long-term savings scheme aimed at helping employees grow their savings effectively.

2. Investment and Financing Services

• Investment in Shares and Securities: CIT actively invests in corporate shares, debentures, and government securities, offering a diversified investment portfolio.
• Loans and Financing: Providing term loans and bridge finances to corporate bodies, CIT also assists in credit provision for share purchases.

3. Capital Market Services

• Trustee Services: These include managing assets and ensuring compliance with trust agreements.
• Debenture Trustee Services: CIT oversees the issuance and management of debentures, acting as a mediator between the issuer and the investors.
• Escrow Agent Services: CIT manages escrow accounts, ensuring secure transactions between parties.
• Custodian Services: Offering safekeeping of securities and other financial assets.
• Corporate Finance Services: This encompasses a range of services including advisory, mergers and acquisitions, and restructuring.
• Public Issue Management: Managing the process of public offerings of securities.
• Underwriting and Syndication: CIT undertakes the underwriting of public issues and syndication of underwriting.
• Market Making: Playing a role in the buying and selling of securities to facilitate liquidity in the market.
• Consultancy Services: Providing expert advice in various aspects of finance and investment.

4. Investor’s Account Scheme

• Designed for both domestic and foreign investors, this scheme facilitates investment in various financial instruments and savings options.

5. Social Security and Additional Programs

• In addition to the core financial services, CIT also operates programs related to social security, aimed at enhancing the financial well-being of the broader community.

Nagarik Lagani Kosh (CIT) provides a comprehensive suite of financial services, from savings and retirement plans to investment and capital market services. These offerings play a crucial role in strengthening Nepal’s financial sector and supporting the economic stability and growth of the nation.