Shutdown of the Legacy System

It is brought to your kind notice that the legacy system will be closed down with effective from 32nd of Asadh/2075 and only the Silverblade system will be running now onwards. Since most of the blacklist records, except few, have been migrated by now into the Silverblade system, there is no point in keeping the legacy system running anymore and thus has been shut down. The bureau has made a list of blacklisted subjects that have not yet been migrated to the Silverblade system and has been appended here as PDF for your reference. You are kindly advised to visit the PDF to confirm whether the subject is included in the list before making any lending decisions. You need to consult the bureau if you need to have the credit reports of the borrowers who are on the list. The reports will be provided free of cost and through email.
 
We thank you for all your patience and kind support in giving us the ample time for data migration which took us many months to resolve. The reason for this delay was the poor quality of the blacklist data in the legacy system which could not be transferred easily to the Silverblade system because of the strict validation rules of the new system.
 
We assure you that we will keep on improving our system and provide you the best service all the time.
 
Please click here to Download Unmigrated Blacklist.

Benefits to Members and others

Registered Members

As per the Nepal Rastra Bank Regulation, all banks and financial institutions that are registered in Nepal Rastra Bank and engaged in credit lending of Rs. 1 million and above facility must be registered in Kendra as its member. Only the registered members can avail the credit reports and other credit information service provided by Kendra.

There are altogether 135 banks and financial institutions that are registered as members of Kendra. The detail statistics of the number of registered members in each category is as follows:

28 Commercial Banks
14 Development Banks (National)
29 Development Banks (Regional)
32 Finance Companies
60 Microfinance Institution & Co-operatives