The interest rates for 20 commercial banks in Nepal for Ashoj have been updated, effective from the first day of the month. Among them, 9 banks have l
The interest rates for 20 commercial banks in Nepal for Ashoj have been updated, effective from the first day of the month. Among them, 9 banks have lowered their interest rates for individual fixed deposits, 9 have maintained the same rates as the previous month, and 2 have increased their rates.
The banks that have decreased interest rates for individual fixed deposits include:
- NMB Bank
- Kumari Bank
- Prime Commercial Bank
- Sanima Bank
- Nepal SBI Bank
- Nabil Bank
- NIC Asia Bank
- Everest Bank
- Rastriya Banijya Bank
Meanwhile, Agriculture Development Bank and Nepal Bank Limited have raised their rates for individual fixed deposits.
NIC Asia Bank offers the highest interest rate of 7.18% for individual fixed deposits and 6.18% for institutional fixed deposits. On the other hand, Sanima Bank offers the lowest interest rate at 5.90% for individual fixed deposits and 4.30% for institutional fixed deposits.
Commercial Banks Interest Rates Update For Ashwin:
| S.N | Company | Institutional FD (Bhadra) | Individual FD (Bhadra) | Institutional FD (Ashwin) | Individual FD (Ashwin) | Difference (Institutional) | Difference (Individual) |
|---|---|---|---|---|---|---|---|
| 1 | Agriculture Development Bank | 4.25% | 6.065% | 3.75% | 6.07% | -0.50% | 0.005% |
| 2 | Citizens Bank International Limited | 5.00% | 6.50% | 5.00% | 6.50% | 0.00% | 0.00% |
| 3 | Everest Bank Limited | 5.10% | 6.10% | 5.00% | 6.00% | -0.10% | -0.10% |
| 4 | Global IME Bank Limited | 5.25% | 6.25% | 5.25% | 6.25% | 0.00% | 0.00% |
| 5 | Himalayan Bank Limited | 6.00% | 7.00% | 6.00% | 7.00% | 0.00% | 0.00% |
| 6 | Kumari Bank Limited | 5.50% | 6.71% | 5.01% | 6.01% | -0.49% | -0.70% |
| 7 | Laxmi Sunrise Bank Limited | 5.50% | 6.50% | 5.50% | 6.50% | 0.00% | 0.00% |
| 8 | Machhapuchchhre Bank Limited | 5.25% | 7.00% | 5.25% | 7.00% | 0.00% | 0.00% |
| 9 | Nabil Bank Limited | 6.00% | 7.00% | 5.75% | 6.75% | -0.25% | -0.25% |
| 10 | Nepal Bank Limited | 4.00% | 5.25% | 4.95% | 5.95% | 0.95% | 0.70% |
| 11 | Nepal Investment Mega Bank Limited | 5.50% | 6.50% | 5.50% | 6.50% | 0.00% | 0.00% |
| 12 | Nepal SBI Bank Limited | 5.50% | 6.50% | 5.50% | 6.50% | 0.00% | 0.00% |
| 13 | NIC Asia Bank Limited | 6.41% | 7.41% | 6.18% | 7.18% | -0.23% | -0.23% |
| 14 | NMB Bank Limited | 6.41% | 7.41% | 5.50% | 6.50% | -0.91% | -0.91% |
| 15 | Prabhu Bank Limited | 5.10% | 6.10% | 5.10% | 6.10% | 0.00% | 0.00% |
| 16 | Prime Commercial Bank Limited | 4.75% | 6.75% | 4.50% | 6.25% | -0.25% | -0.50% |
| 17 | Rastriya Banijya Bank Limited | 5.00% | 6.07% | 5.00% | 6.00% | 0.00% | -0.07% |
| 18 | Sanima Bank Limited | 4.90% | 6.20% | 4.30% | 5.90% | -0.60% | -0.30% |
| 19 | Siddhartha Bank Limited | 5.50% | 6.50% | 5.50% | 6.50% | 0.00% | 0.00% |
| 20 | Standard Chartered Bank Nepal Limited | 4.50% | 7.00% | 4.00% | 7.00% | -0.50% | 0.00% |
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