Garima Bikas Bank Releases New Interest Rate

July 15, 2021 | Investopaper

Garima Bikas Bank Limited (GBBL) 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 4.50 percent in savings deposits and up to 8.00 percent interest in the fixed deposits. Likewise, Garima Bikas Bank will float the loans at an interest rate with a premium of up to 8 percent on the base rate.

The base rate as of Chaitra’s end, 2077 BS is 8.16 percent.

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See the notice below for full information regarding the interest rate provided by Garima Bikas Bank.