Muktinath Bikas Bank Publishes New Interest Rate

July 15, 2021 | Investopaper

Muktinath Bikas Bank Limited (MNBBL) 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 national-level development bank will provide up to 5 percent in savings deposits and 8.25 percent in the fixed deposits. Likewise, Muktinath Bikas Bank will float the loans with a premium of up to 5.50 percent on the base rate. The base rate as of Jestha’s end, 2078 BS is 8.05 percent.

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