Bank interest rate declined : How much interest rates on commercial banks of Nepal

Mar Mon 2024 03:27:23

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Bank interest rate declined : How much interest rates on commercial banks of Nepal

20 commercial banks have announced new interest rates for the month of March. Most of the banks have reduced the interest rate in the common interest rate.

Compared to February, the average interest rate of personal term has decreased by 0.5 percentage point in March. In February, the average interest rate for personal term was 7.75 percent and in March, it fell to 7.25 percent.

Bank interest rate on March 2024

1, Agricultural Development 6.443

2, Everest Bank 8 5.66

3, Nepal Bank 7.25 6.5

4, Laxmi Sunrise Bank8 7

5, Machapuchhre Bank 8 7.5

6, NIC Asia Bank 8 7.75

7, Prabhu Bank 7.5 8.548

8, Standard Chartered 7.35 7.5

9, Rastriya Banijya Bank (RBB) 7.35 7

10, Nabil Bank7.75 7.25

11, Global IME Bank 7.6 7

12, Siddharth Bank 8 7.5

13, Prime Commercial Bank 7.4 7.25

14, Kumari Bank8.01 7.51

15, Sanima Bank 7.51 7.6

16, Himalayan Bank 8.15 7.5

17, Nepal SBI Bank 8.1 7.01

18, NMB Bank 8.5 7.25

19 Citizens Bank 8.25 7.51

20 Nepal Investment Mega Bank 8 7.75

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