Banks Raise Interest Rates for Kartik; Here's the Updated Interest Profile of Every Bank Compared to Previous Month's Rates
Mon, Oct 18, 2021 11:12 AM on Stock Market, Interest Rates, Latest,
Commercial Banks have unveiled the interest rates rate profile for the month of Kartik.
Commercial Banks had raised the interest rates for the month of Ashwin, an effect believed to have been caused by decreasing liquidity in the banking system. The interest rate hike was the highest seen after the pandemic.
The new interest rates profile unveiled for the month of Kartik shows an overall continuation to the interest rate hike.
Normal Savings
|
Company |
Ashoj Interest Rate Range on Savings (%) |
New Range in Kartik |
|---|---|---|
|
Global IME Bank Limited |
4.5 |
4.5 |
|
Prime Commercial Bank Limited |
4.76 to 5.76 |
4.76 to 5.76 |
|
Sanima Bank Limited |
4.51 to 5 |
3.51 to 4 |
|
Nabil Bank Limited |
4.26 to 6.26 |
4.26 to 6.26 |
|
Civil Bank Limited |
4.25 to 6.25 |
5.61 to 6.51 |
|
Nepal Credit and Commerce Bank |
4.26 to 5 |
5.55 to 6 |
|
Agricultural Development Bank Limited |
3.5 to 5 |
4 to 6 |
|
Prabhu Bank Limited |
3.25 to 5 |
3.25 to 5 |
|
Himalayan Bank Limited |
4.15 to 6.15 |
6.67 TO 7.67 |
|
Standard Chartered Bank Limited |
2.5 to 4 |
2.5 to 4 |
|
Rastriya Banijaya Bank Limited |
3.06 to 6 |
3.55 to 6.05 |
|
NMB Bank Limited |
4.52 to 6.52 |
4.57 to 6.57 |
|
Nepal Bangladesh Bank Limited |
3.76 to 4.76 |
5.28 |
|
Century Commercial Bank Limited |
4.25 to 6.25 |
5.25 to 7.25 |
|
Everest Bank Limited |
3.61 to 4 |
3.61 to 4 |
|
Sunrise Bank Limited |
5.07 |
5.07 |
|
Nepal SBI Bank Limited |
3.55 |
4.56 |
|
Machhapuchchhre Bank Limited |
3.75 to 5 |
5 to 7.25 |
|
NIC Asia Bank Limited |
3.6 |
6.1 to 8.1 |
|
Siddhartha Bank Limited |
4.05 to 5.05 |
5.3 to 6.3 |
|
Laxmi Bank Limited |
4 to 6 |
6.05 to 7.5 |
|
Kumari Bank Limited |
3.15 to 5.15 |
5.31 to 7.31 |
|
Bank of Kathmandu Limited |
3.77 to 5.27 |
5.07 to 6.57 |
|
Nepal Investment Bank Limited |
4.02 |
4.02 |
|
Citizens Bank |
3 to 5 |
4.76 to 5.06 |
|
Mega Bank |
4.55 to 6.05 |
4.27 to 5.77 |
|
Nepal Bank Limited |
3.05 to 4.55 |
3.05 to 5.55 |
Fixed Deposits: Individuals
|
Company |
Ashoj Interest Rate Range (Individuals) on FD |
New Range in Kartik |
|---|---|---|
|
Global IME Bank Limited |
8.8 to 9 |
8.8 to 9 |
|
Prime Commercial Bank Limited |
8 to 9.25 |
9 to 9.75 |
|
Sanima Bank Limited |
7 to 10.01 |
6 to 8.01 |
|
Nabil Bank Limited |
6.51 to 8.76 |
8.51 to 8.76 |
|
Civil Bank Limited |
7.25 to 9.25 |
8.51 to 10.11 |
|
Nepal Credit and Commerce Bank |
8.75 to 9 |
10 |
|
Agricultural Development Bank Limited |
6.5 to 7.75 |
7.5 to 9 |
|
Prabhu Bank Limited |
7.75 to 8.25 |
7.75 to 8.25 |
|
Himalayan Bank Limited |
5 to 8.5 |
7.5 to 10.5 |
|
Standard Chartered Bank Limited |
5 to 7 |
5 to 7.5 |
|
Rastriya Banijya Bank Limited |
6 to 9.06 |
6 to 9.55 |
|
NMB Bank Limited |
7.5 to 9.02 |
9.57 |
|
Nepal Bangladesh Bank Limited |
8.51 to 8.76 |
10 to 10.28 |
|
Century Commercial Bank Limited |
8 to 9.25 |
9.25 to 10.75 |
|
Everest Bank Limited |
7 to 8 |
7 to 8 |
|
Sunrise Bank Limited |
9.1 to 10.07 |
8 to 9 |
|
Nepal SBI Bank Limited |
4.05 to 8.55 |
5.06 to 8.56 |
|
Machhapuchchhre Bank Limited |
8.25 |
9.5 |
|
NIC Asia Bank Limited |
8.6 |
10.1 to 11.1 |
|
Siddhartha Bank Limited |
8.25 to 8.75 |
8.44 to 10.3 |
|
Laxmi Bank Limited |
8.5 |
11.05 |
|
Kumari Bank Limited |
8.15 |
8.81 to 9.81 |
|
Bank of Kathmandu Limited |
8.27 |
9.57 |
|
Nepal Investment Bank Limited |
7 to 8.5 |
7 to 8.5 |
|
Citizens Bank |
7.5 |
8.5 to 9.26 |
|
Mega Bank |
8 to 9.55 |
7 to 8.77 |
|
Nepal Bank Limited |
8.05 |
8.05 |
Fixed Deposits: Institutions
|
Company |
Ashoj Interest Rate Range (Institutions) on FD |
New Range in Kartik |
|---|---|---|
|
Global IME Bank Limited |
upto 9.5 |
upto 9.5 |
|
Prime Commercial Bank Limited |
9.5 to 9.76 |
9.5 to 9.76 |
|
Sanima Bank Limited |
9.51 |
8.51 |
|
Nabil Bank Limited |
7.51 to 9.26 |
9.26 |
|
Civil Bank Limited |
7.35 to 8.55 |
9.01 to 9.81 |
|
Nepal Credit and Commerce Bank |
9.26 |
upto 10.55 |
|
Agricultural Development Bank Limited |
6 to 7 |
7 to 9 |
|
Prabhu Bank Limited |
7.75 to 8.25 |
7.75 to 8.25 |
|
Himalayan Bank Limited |
7 to 8 |
7.5 to 11.67 |
|
Standard Chartered Bank Limited |
3 to 7 |
3 to 7 |
|
Rastriya Banijya Bank Limited |
6 to 8.06 |
6 to 8.55 |
|
NMB Bank Limited |
7.5 to 9.52 |
7.5 to 9.57 |
|
Nepal Bangladesh Bank Limited |
8.51 to 8.76 |
10 to 10.28 |
|
Century Commercial Bank Limited |
8 to 9.25 |
8 to 9.99 |
|
Everest Bank Limited |
6.5 to 8 |
6.5 to 8.61 |
|
Sunrise Bank Limited |
9 to 10.07 |
8 to 10.7 |
|
Nepal SBI Bank Limited |
4.05 to 8.55 |
5.06 to 8.56 |
|
Machhapuchchhre Bank Limited |
8.75 |
9.85 |
|
NIC Asia Bank Limited |
8.6 |
10.1 to 11.1 |
|
Siddhartha Bank Limited |
8.75 to 9.05 |
10.3 |
|
Laxmi Bank Limited |
8.5 |
9 to 11.05 |
|
Kumari Bank Limited |
8.15 |
9.31 to 10.31 |
|
Bank of Kathmandu Limited |
6.27 to 8.27 |
7.57 to 10.07 |
|
Nepal Investment Bank Limited |
8.5 |
8.5 |
|
Citizens Bank |
7.5 to 8 |
9.76 |
|
Mega Bank |
8 to 9.55 |
9.27 |
|
Nepal Bank Limited |
8.05 |
8.05 |
