Interest Rate In Development Banks Of Nepal

October 19, 2021 | Investopaper

Here, we have presented the interest rates offered by national level ‘B’ class banks (development banks) on their various deposit and loan products. At current, there are 8 national level development banks operating in Nepal.

Note: The interest rates are effective from October 18, 2021 [Karthik 1, 2078 B]. At present, the rates may vary.

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Development Banks’ Interest Rates On Deposits And Loans

Interest Rate Of Garima Bikas Bank (GBBL)

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Interest Rate Of Jyoti Bikas Bank (JBBL)

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Interest Rate Of Kamana Sewa Bikas Bank

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Interest Rate Of Mahalaxmi Bikas Bank (MBBL)

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Interest Rate Of Lumbini Bikas Bank (LBBL)

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Interest Rate Of Shangrila Development Bank (SADBL)

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Interest Rate Of Shine Resunga Development Bank (SHINE)

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Interest Rate Of Muktinath Bikas Bank (MNBBL)

INTEREST RATE ON DEPOSIT

PRODUCT	INTEREST RATE(PER ANNUM)	PAYMENT ON	MINIMUM BALANCE
1. Normal Saving	5.61%	Quarterly Basis	Rs. 500
2. Muktinath Premium Bachat	5.61%	Quarterly Basis	Rs. 1000
3.Muktinath Special Premium Bachat	5.61%	Quarterly Basis	Rs. 2000
4. Muktinath Super Premium Bachat	6.61%	Quarterly Basis	Rs. 5000
5. Muktinath Sambriddhi Bachat Khata	6.51%	Monthly Basis	Rs.100
6.Muktinath Utkrishta Bachat Khata	7.61%	Monthly Basis	Rs.10,000
7.Current Account	–	–	Rs. 5000
8.Current Account Other *	–	–	Rs. 1000
9.Mahila Pewa Bachat	5.61%	Quarterly Basis	Rs. 500
10.Sunaulo Bal Shichha Bachat	5.61%	Quarterly Basis	–
11. Baidesik Rojgar Bachat	5.61%	Quarterly Basis	Rs. 500
12. Micro Personal Saving	5.61%	Quarterly Basis	Rs. 100
13. Other Micro Savings	5.61%	Quarterly Basis	Rs. 100
14. Karmachari Bachat	6.11%	Quarterly Basis	–
15. Sharedhani Bachat Khata	5.61%	Quarterly Basis	Rs. 100
16. Beema Bachat	5.61%	Quarterly Basis	Rs. 100
17. Provident Fund Account	5.61%	Quarterly Basis	–
18. Samajik Surakchha Bhatta Khata	5.61%	Quarterly Basis	–
19. Aatmanirbhar Bachat Khata	6.51%	Quarterly Basis	–
20. Sajilo Bachat	5.61%	Quarterly Basis	–
21. Mero Pahilo Bachat Khata	5.61%	Quarterly Basis	–
22. Muktinath PMS Khata	5.61%	Quarterly Basis	–
23. Muktinath Jeevan Bardan Bachat Khata	5.61%	Monthly Basis	Rs.5000
24.Muktinath Jeevan Bardan Plus Bachat Khata	5.61%	Monthly Basis	Rs.5000
25.Muktinath Jeevan Bardan Premium Bachat Khata	5.61%	Monthly Basis	Rs.5000
26. Byaktigat Upalabdhi Khata	5.61%	Quarterly Basis	–
27.Sansthagat Upalabdhi Khata	As per NRB Directive	Quarterly Basis	–
28. FCY Deposit ($,£,€,AUD)	Up to 1.50%	Quarterly Basis	10
29.Call Depost Account	As per NRB Directive	Quarterly Basis	–

 

FIXED DEPOSIT (Effective from 2078/07/01)

*The maturity period of FD should not exceed more than 10 years.

LOAN AND ADVANCE

A.Loan with Floating Interest Rates

B.Fixed Interest Rate for Term Loan of Individual above 1 Year 

 

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