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Major Financial Institutions Hold onto Interest Rates for Falgun, Global IME Bank Increases FD Rates

by Expert Nepal
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Commercial banks in Nepal have unveiled their interest rates for the month of Falgun, effective from Falgun 1, with most banks keeping the same rates as last month.

Global IME Bank has raised its maximum interest rates by 0.25 percentage points on both personal and corporate fixed deposit (FD) rates. Meanwhile, Citizens Bank International has decreased its corporate FD rates by 0.40%, and Laxmi Sunrise Bank has reduced its personal FD rates by 0.25%. All other commercial banks have maintained their FD rates unchanged.

S/NBANKSYMBOLINTEREST RATE FALGUN (% p. a.) FD. Agriculture Development BankVariance
INSTITUTIONALINDIVIDUALINSTITUTIONALINDIVIDUALINSTITUTIONALINDIVIDUAL
1Citizens Bank Internationa l LimitedADBL3.25%5.51%3.25%5.51%0.00%0.00%
2Citizens Bank International LimitedCZBIL4.10%5.65%4.50%5.65%-0.40%0.00%
3Everest Bank LimitedEBL5.00%6.00%5.00%6.00%0.00%0.00%
4Global IME Bank LimitedGBIME4.50%6.00%4.25%5.75%0.25%0.25%
5Himalayan Bank LimitedHBL5.25%6.25%5.25%6.25%0.00%0.00%
6Kumari Bank LimitedKBL4.91%5.91%4.91%5.91%0.00%0.00%
7Laxmi Sunrise Bank LimitedLSL4.50%5.50%4.50%5.75%0.00%-0.25%
8Machhapuchchhre Bank LimitedMBL4.00%6.00%4.00%6.00%0.00%0.00%
9NabiI Bank LimitedNABIL4.75%5.75%4.75%5.75%0.00%0.00%
10Nepal Bank LimitedNBL4.15%5.60%4.15%5.60%0.00%0.00%
11Nepal Investment Mega Bank LimitedNIMB5.10%6.50%5.10%6.50%0.00%0.00%
12Nepal SBI Bank LimitedSBI4.50%5.50%4.50%5.50%0.00%0.00%
13NIC Asia Bank LimitedNICA5.60%6.60%5.60%6.60%0.00%0.00%
14NMB Bank LimitedNMB5.60%6.60%5.60%6.60%0.00%0.00%
15Prabhu Bank LimitedPRVU5.10%6.10%5.10%6.10%0.00%0.00%
16Prime Commercia l Bank LimitedPCBL4.00%6.25%4.00%6.25%0.00%0.00%
17Rastriya Banijya Bank LimitedRBBL3.50%6.00%3.50%6.00%0.00%0.00%
18Sanima Bank LimitedSAN IMA4.30%6.05%4.30%6.05%0.00%0.00%
19Siddhartha Bank LimitedSBL5.00%6.00%5.00%6.00%0.00%0.00%
20Standard Chartered Bank Nepal LimitedSCB3.25%6.25%3.25%6.25%0.00%0.00%

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