Sunrise Bank Publishes New Interest Rate On Deposit & Loans

July 15, 2021 | Investopaper

Sunrise Bank Limited (SRBL) has published a new interest rate for its deposits and loans. The interest rates are effective from July 16, 2021 [Shrawan 1, 2078 BS].

The bank will provide up to 4 percent interest in the savings deposits and up to 7.50 percent in the fixed deposit products. Likewise, Sunrise Bank will float the loans with a premium of up to 6 percent over the base rate.

The base rate of Sunrise Bank as of Jestha’s end, 2078 BS stands at 6.72 percent. Similarly, the interest rate spread is 4.02 percent.

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See the current interest rates on deposits and loans provided by Sunrise Bank Limited in the notice below: