Nepal’s commercial banks have updated their interest rates for Poush 2081, reflecting slight changes compared to the interest rates for Mangsir. According to the revised rates:
- 14 banks have maintained the same maximum interest rates on individual term deposits as the previous month.
- 3 banks have decreased their rates.
- 3 banks have raised their rates.
This means that out of 20 commercial banks, the majority of the banks have maintained their previous rates.
Key Highlights:
- NIC Asia Bank offers the highest interest rate for individual fixed deposits in Poush, at 6.6%, despite a decrease of 0.19 percentage points from Mangsir.
- Laxmi Sunrise Bank provides the lowest interest rate, with a maximum of 5.5% for individual fixed deposits.
This fluctuation in rates reflects varying strategies among banks to attract depositors while balancing market conditions and regulatory policies.