CIT’s Loan Payments can be made Online Using connectIPS: Here’s How


Citizen Investment Trust (CIT) has recently signed an agreement with Himalayan Bank to facilitate the loan re-payment of its ESG Retirement Fund (80% Loan) online using connectIPS e-Payment system.

CIT Loan Payment Online

 Along with this agreement, the account holders of Citizen Investment Trust who have taken 80% loan from their deposit at CIT will now be able to repay their online using connectIPS without going CIT’s office or the designated bank.

“This agreement has will make the repayment of the loan or interest much easier as the payments now can be made directly from 50 above banks and financial account associated with connectIPS “Mr. Raman Nepal, Executive Director of CIT.

What is Connect IPS?

Connect IPS is the standardized payment platform of NCHL (Nepal Clearing House Limited) which offers direct payment from the bank so that you will not need any intermediate. It supports C2G (Citizen to Government), C2B (Citizen to Business) and (Peer to Peer) P2P payments directly from your bank account. Connect IPS is available in AndroidiOS, and Web.

Also Read: Connect IPS upgrades its system with Real-Time Transaction

How to make Repay Loan / Interest of Citizen Investment Trust?

To repay loan or interest, the account holders at CIT need to create a connectIPS account by logging in to or downloading the app from Play Store or App Store. After creating an account, you must link at least one bank and verify it going to the bank.  You can find a complete list of banks associated with connectIPS here The account verification is just a one-time process. 

After your bank account gets accepted/verified follow these steps to repay your CIT Loan/Interest:

  • Log in to 
  • In the dashboard, select CIT under the Financial Tab
    Choose your Bank Account and enter the amount to pay
  • Fill the required information of the such as Name, CIT number, Mobile Number, Current Office Name and click on Transfer.
  • Re-verify the transaction details and enter the OTP received in mobile no./ e-mail and click on submit.
    Confirm the transaction is successful. 

Currently, you can make payments only through the website and hope it will live in Mobile App too.

Citizen Investment Trust (Nagarik Lagani Kosh) is one of the largest fund managers in Nepal which provides various types of retirement schemes and programs, and insurance fund programs. It was established under the Citizen Investment Trust Act,1990. CIT’s current move moving towards digitizing its services online is a step to build Digital Nepal.


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