The interest rate is the amount that a lender charges to the borrower for the cost of debt. It is also the percentage of the principal amount. Different banks collect different rates of interest from the principal amount. Likewise, Nabil Bank has been one of the top banks in Nepal which is moving consistently towards the attainment of its visions.
Nabil Bank which has carved a foundation in developing the financial services industry in Nepal was established in 1984 AD.
What is the Interest rate of Nabil Bank?
The interest rate of Nabil Bank on the savings deposits is 4.7% to 7.7% depending on the type of savings account.
The interest rate of Nabil Bank on fixed deposits for Individual-Normal accounts is 9.10% for periods exceeding 3 months. Additionally, the rate is 10.10% for the Individual-Remittance fixed deposit account.
The interest rate of Nabil Bank varies depending on the different types of loan and deposit accounts people hold. The interest rate of Nabil Bank is given below:
| Business Loans | Interest Rate (% per annum) |
| Directed Sector | Up to 5% |
Deprived Sector Loan (DSL)
|
2%
-Up to 5% |
| Interest Subsidized Loan as per NRB | Up to 2% |
| Export Finance | Up to 5% |
| Term Loan | Up to 5% |
| Working Capital loan | |
|
-Up to 5% |
|
-Up to 5% |
|
-Up to 5% |
|
-Up to 5% |
|
-Up to 5% |
| Institutional Auto Finance | Up to 5% |
| Equity Mortgage Loan | Up to 5% |
| Channel Financing | Up to 5% |
| Nabil Sakchyam Karza | Up to 5% |
| Retail Loans | Interest Rate (% per annum) |
| Housing | Up to 5% |
| Mortgage | Up to 5% |
| Auto | Up to 5% |
| Education | Up to 5% |
| Personal Overdraft | Up to 5% |
| Corporate Employees Loan | Up to 5% |
| Nabil Personal Loan/OD for Employees | Up to 5% |
| Nabil Sahayatri Karza | Up to 5% |
| Gold Loan | Up to 5% |
| Nabil Fone Loan | Up to 5% |
| Fixed-rate Education Loan | 13.99% |
| Fixed Rate Retails Loan Products | |
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| Loan Against | Interest Rate (% per annum) |
| Fixed Deposit (Nabil Bank) | Upto 3.5 % |
| Fixed Deposit (Other Banks) | Upto 3.5 % |
| 1st class Bank Guarantee | Up to 5% |
| Other Banks Guarantee | Up to 5% |
| Government Securities | Up to 5% |
| Loan Against Share | Up to 5% |
| LCY loan against FCY deposits | Up to 5% |
| Different Kinds of Loan Products (Other Loan) | Interest Rate (% per annum) |
| Base rate or coupon rate whichever is higher plus premium | Up to 3.5 % |
| Average base rate applicable for Bhadra 2080 (Last three month’s average) | Up to 9.52% |
The above-tabulated information shows the interest rate of Nabil Bank on every different type of loan.
| Deposits | Interest Rate (% per annum) |
| Saving Deposits | Up to 8.90% |
| Fixed Deposits | Up to 11.49% |
| Call Deposits | Up to 2.95% |
The above-tabulated information shows the interest rate of Nabil Bank on every different type of deposit.
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FAQs
What is Simple Interest?
What is the rate of interest?
How can I borrow a loan from the bank?
Can I get monthly interest on my fixed deposit?
What is a fixed deposit?
What is the interest rate of Nabil Bank saving account?
How much interest does Nabil bank give in fixed deposit?
What is the interest rate for Nabil education loan?
Conclusion
In Nepal, we can see many people who aren’t known of the financial advantages and goods that many financial institutions provide us. Many people need to be made aware of the fact that investing in financial institutions and depositing certain funds in the bank can help in wealth maximization as well as profit gains. The interest rate of Nabil Bank table gives you information on how much interest rate is fixed for the deposits as well as the loan section.