NMB Bank Implements Interest Rate Adjustments for Fixed Deposits, Effective From Today

NMB Bank Limited (NMB) has announced a modification to its interest rate structures, effective from today, 25th Mangsir, 2080. The revision specifically pertains to the Fixed Deposit (FD) rates offered by the bank.

In this adjustment, NMB Bank has opted to reduce interest rates for Fixed Deposits, impacting both Institutional and Individual FD accounts. The updated rates now stand at 7% for Institutional FDs and 8.5% for Individual FDs. This marks a noticeable decrease from the prior month's rates of 7.76% for Institutional FDs and 9.76% for Individual FDs.

Additionally, general savings rates at NMB Bank now range from 4.60% to 6.60%, providing a comprehensive overview of the adjustments made across different account types.