Kathmandu. Nepal Bank Limited has published its revised interest rate structure effective from 1st Ashwin 2083. The new structure covers savings deposits, fixed deposits, foreign currency deposits, floating lending rates, fixed-rate retail loans and various business and commercial credit facilities.
Under the new structure, normal savings deposits carry interest rates starting from 2.76% per annum, while remittance-related deposits offer rates of up to 4.02%. Individual remittance fixed deposits offer the highest rate of 5.15% per annum for deposits above 10 years.
Savings Deposit Rates
Nepal Bank’s Normal Saving offers 2.76% per annum with a minimum balance of NPR 500. NBL Diamond Saving and Women Special Saving provide 2.77% per annum, also with a minimum balance of NPR 500.
Yuva Bachat Khata, Santati Saving, NBL Staff Pension Saving, Remittance Saving, Investor’s Saving, Senior Citizens Special Saving, Professional’s Saving and NBL Remittance IPO Saving carry rates ranging from 2.76% to 4.02% per annum. Among these, Remittance Saving offers 4.01%, while NBL Remittance IPO Saving offers 4.02%.
Life Security Saving offers 2.77% or a negotiable rate.
Pension Payment Saving, NBL Special Saving, Earthquake Relief Saving, TU Pension Saving, NBL Staff Salary Saving, Staff Salary Saving, Nari Samman Bachat Khata, Sambardhan Bachat Khata, Nagarik Bachat Khata, Samriddha Nepal Abhiyan Bachat Khata, Green Saving Account, Chhori Kalyan Bachat Khata, Chhori Samriddhi Bachat Khata (Rukum West), Chhori Chhari Surakchya Bachat Khata, Baal Bikas Bachat Khata, NBL Shubha Gyan Bachat Khata, NBL Sahayatri Bachat Khata, NBL Pioneer Saving Deposit Account and NBL Ex-Staff Saving Account carry rates ranging from 2.76% to 3.27% per annum.
Fixed Deposit Rates
For individual fixed deposits, deposits from 3 months up to 1 year earn 2.76%. Deposits above 1 year up to 2 years earn 3.00%, above 2 years up to 5 years earn 3.50%, above 5 years up to 10 years earn 3.75%, and deposits above 10 years earn 4.15% per annum.
For institutional fixed deposits, the rate is 2.75% for 3 months to 1 year and above 1 year up to 2 years. Deposits above 2 years up to 4 years earn 2.80%, while deposits above 4 years up to 10 years earn 3.00%.
For individual remittance fixed deposits, the rate is 3.76% for 3 months to 1 year, 4.00% for above 1 year to 2 years, 4.50% for above 2 years to 5 years, 4.75% for above 5 years to 10 years and 5.15% for deposits above 10 years.
Recurring and Other Deposits
Recurring Deposit and Samriddha Non-Recurring Deposit offer 2.76% per annum, with no minimum balance requirement.
Employee Welfare Account provides 2.76%. Akshay Kosh offers 2.76% or a negotiable rate, with a minimum balance of NPR 25,000. NBL Trust Fund provides 2.75%.
Normal Call Deposit offers 0.20% per annum, with a minimum balance of NPR 100,000.
Foreign Currency Deposits
For FCY savings deposits, USD deposits earn 2.75% with a minimum of USD 100, EUR deposits earn 1.00% with a minimum of EUR 100, GBP deposits earn 1.65% with a minimum of GBP 100, and JPY deposits earn 0.50% with a minimum of JPY 100.
For NRN savings deposits, USD earns 2.75% with a minimum of USD 100, GBP earns 1.50% with a minimum of GBP 300, and AUD earns 2.00% with a minimum of AUD 1,000.
For FCY fixed deposits of up to 5 years, USD earns 3.25%. NRN fixed deposits of up to 5 years carry 3.25% for USD, GBP and AUD deposits.
USD FCY Call Deposit carries 1.25%, payable quarterly.
Floating Rates on Business and Commercial Loans
Export Finance is priced at BR + up to 1.00%, while Pre/Post Shipment financing in NPR is BR + up to 2.00%. Pre/Post Shipment financing in USD is SOFR + up to 1.75%, and Loan Against Bills Collection is BR + up to 2.00%.
Trust Receipt in NPR carries BR + 0.25% to 1.75%, while Trust Receipt for Trading is BR + up to 1.75%. Trust Receipt in USD is SOFR + up to 2.00%.
Business Term Loans for Industrial purposes carry BR + 0.75% to 2.75%. Commercial Term Loans for Trading, Real Estate Housing Plan and Real Estate Commercial Complex loans carry BR + 1.75% to 2.75%. Hire Purchase Loans carry BR + 1.00% to 3.00%.
Working Capital Loans, including Hypothecation, Overdraft, Pledge, Demand, RWC and Contract Loans, carry BR + 0.25% to 2.25% for Industrial Working Capital, BR + 0.50% to 2.25% for Commercial Working Capital for Trading and BR + 0.25% to 2.25% for NBL Permanent Working Capital.
SME and Subsidized Loans
Special SME facilities include Mortgage Loan at BR + 2.50% to 4.50%, Sano Byabasaya Karja at BR + 1.00% to 3.00%, Samriddha Byabasayik Karja at BR + 1.00% to 3.00%, Samriddha Byabasayik Term Loan at BR + 1.25% to 3.25%, and Samriddha Byabasayik Working Capital at BR + 0.75% to 2.50%.
Laghu Udhyam Karja is priced at BR + 0.75% to 2.75%. Anniversary Business Loan carries BR + 1.00% to 3.00%, while 85th Anniversary Business Loan carries BR + 0.75% to 2.50%.
Deprived Sector Loans—including Individual, Institutional Wholesale Revolving, Institutional Wholesale Term, Institutional Retail Revolving, Institutional Retail Term, Agriculture and Subsidized schemes—carry BR + up to 2.00%. Non-subsidized loans carry BR + up to 2.50%.
NBL Saral Krishi Karja Working Capital and Term Loan both carry BR + 0.50%.
Other Secured Loans
Gold and Silver Loans carry BR + 2.50% to 4.00%. Loans against the bank’s own-class bank guarantee carry BR + 2.00% to 3.00%, while loans against FD receipts carry Coupon Rate + 2.00%.
Loans against Government Securities carry Coupon Rate + 1.00% or the 1-year fixed deposit rate, whichever is higher.
Safal Byabasaya Karja carries BR + 1.00% to 2.00%, while Entrepreneurship Term Loan Lumbini is priced according to the MOU.
NBL Commercial Agriculture and Livestock Term Loan Kamal carries BR + up to 2.00%, while its Working Capital facility carries BR + up to 2.25%.
NBL Byabasayik Jiwakshya Term Loan Gandaki carries BR + 1.00% to 3.00%, while NBL Kosi Province Krishi Karja, covering Working Capital and Term Loan, carries BR + 1.00%.
Retail Loans
Private Vehicle Loans for 5 years, including EV and non-EV vehicles, carry BR + 0.49%. The 7-year private vehicle loan carries BR + 0.75% to 2.49%. Private Vehicle Business Loans for 5 years carry BR + 0.49%.
Commercial Vehicle Loans for 3 to 5 years carry BR + 1.50% to 2.49%. Auto Loan (Neo/Loan) carries BR + 2.00% to 3.50%, while Professional Auto Loans for EV and non-EV vehicles carry BR + 0.85% to 2.49%.
Home Loans for 5 years, 10 years and above 10 years all carry BR + 2.42%. Professional Home Loan and Nepalalmi Home Loan also carry BR + 2.42%.
For Shulav Awas Karja, the rate for 5 years is as per Note No. 9. For above 5 years up to 10 years, it is BR + 1.00%; above 10 years up to 15 years, BR + 1.50%; and above 15 years up to 25 years, BR + 2.00%.
NBL Baideshik Awas Karja carries BR + 0.50% up to 5 years, BR + 1.00% above 5 up to 10 years, BR + 1.50% above 10 to 15 years and BR + 2.00% above 15 to 25 years.
Personal Term Loans up to 10 years carry BR + 2.50% to 3.50%, while loans above 10 years carry BR + 3.50% to 4.00%.
Personal Overdraft carries BR + 2.50% to 3.50%, Professional Overdraft BR + 2.00% to 3.50%, and FOD Others BR + 2.00% to 3.50%.
NBL Professional Loan Overdraft carries BR + 2.00% to 3.50%, while its Term Loan carries BR + 2.50% to 3.50%.
Education Loans for 5 years carry BR + 2.00% to 3.00%, while 10-year loans carry BR + 2.50% to 3.50%. Margin Lending carries BR + 1.50% to 3.50%.
NBL Fast Loan Term Loan carries BR + 2.50% to 3.50%, Fast Overdraft BR + 3.00% to 3.50%, Sewanghi Karja BR + 2.50% to 4.50%, Chahari Karja BR + 1.75% to 3.75%, and Other Retail Loans BR + 3.00% to 4.00%.
Fixed Retail Loan Rates
For Home Loans, the fixed rate is 7.99% for 5 years, 7.99% for 7 years, and 8.99% for 10 years.
Nepalalmi and Professional Home Loans carry fixed rates of 7.99% for 5 years and 8.99% for 10 years. Shulav Awas Karja carries 5.99% for 5 years and 8.00% for 10 years.
Auto Loans carry 7.90% for 5 years and 8.50% for 7 years. Nepalalmi and Professional Auto Loans carry the same rates.
Electrical Vehicle Loans carry 8.00% for 5 years and 8.50% for 7 years.
Personal Term Loans carry 8.50% for 5 years and 8.99% for 10 years. NBL Professional Term Loans carry 7.90% for 5 years and 8.50% for 7 years.
NBL Fast Loan carries a fixed rate of 9.99% for both 5-year and 10-year terms.
Education Loans carry 7.90% for 5 years and 8.50% for 7 years. Swarojgar Karja carries 9.99% for 5 years, while Bhada Karja carries 8.50% for 5 years.
Business Term Loans with a tenure of up to 10 years carry a fixed rate of up to 9.00%.
Base Rate and Other Conditions
Nepal Bank’s average Base Rate for the last three consecutive months ending Shrawan 2083 is 4.46%, while the interest spread rate as of Shrawan 2083 is 3.46%.
Floating lending rates will be adjusted according to changes in the average Base Rate of the last three consecutive months.
Consortium financing rates will be determined by consortium meetings. An additional 2% per annum penal interest will be charged on overdue amounts or expired loans in accordance with Nepal Rastra Bank directives.
An additional risk premium of up to 2% per annum may be charged to watch-list clients. Interest rates for similar loan products will be maintained in line with NRB Directive No. 15/081, Point No. 37(1).
The premium applicable to each borrower will be determined based on the type and category of loan, tenure and internal credit risk grading.
The bank has suspended demand for Auto Loan (Nepalalmi). New account opening for NBL Diamond Saving and NBL Pioneer Saving Deposit Account has also been suspended.
For Shulav Awas Karja, the fixed rate for the first five years is 5.99%. After that, the applicable rate will shift to the Base Rate plus the floating premium based on the relevant tenure.
