October 16,2020 | Investopaper
Nepal Bank has published a new interest rate for its deposit and loan products. The interest rate is applicable from October 17, 2020 (Karthik 1, 2077).
The bank will provide up to 4.50 percent in its savings deposit. Likewise, the fixed deposit will offer as high as 8.25 percent interest rate.
Similarly, Nepal Bank will float the loans with a premium of up to 5.00 percent over the base rate. The base rate as of Ashad end, 2077 is 6.99 percent.
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See the table below for the full information regarding the interest rate offered by Nepal Bank.