Loans.com.np - interest rates in Nepal

  Nepalese loans: get a loan with the lowest interest rates!

 

Borrowing money can be an interesting way to be able to make investments (fe in a business, house, study), bridging financial difficult times or to buy expensive (consumer) goods like cars, motorcycles or household appliances. As interest rates may vary dramatically amongst different financial institutions it is wise to carefully study these differences before getting a loan. www.loans.com.np want to help you by providing an overview of interest rates of different financial institutions for different types of loans.

Car/auto/motor cycle loans
Name of bank   Lowest Highest checked
Nepal Bank   9,0% 11,0% 27-01-10
Rastriya Banijya Bank   9,0% 11,0% 07-01-10
Bank of Kathmandu   11,5% 15,0% 07-01-10
Machhapuchchhre Bank Limited   11,5% 13,0% 30-01-10
Nabil bank   11,5% 15,0% 22-01-10
Nepal Bangladesh Bank   11,5% 13,5% 22-01-10
Citizens’ International Bank   12,0% 14,5% 27-01-10
Kumari Bank   11,0% 12,5% 22-01-10
Nepal Investment Bank Ltd   10,0% 12,0% 27-01-10
more interest rates of car/motor cycle loans        
         
add a bank        

Mortgages and/or home loans
Name of bank   Lowest Highest checked
Nepal Bank   9,5% 11,0% 27-01-10
Rastriya Banijya Bank   8,0% 10,0% 27-01-10
Nic bank   10,0% 16,5% 27-01-10
Machhapuchchhre Bank Limited   11,5% 15,0% 30-01-10
Himalayan Bank Ltd   11,0% 16,0% 30-01-10
Global Bank   11,5% 13,0% 03-02-10
Kumari Bank   11,0% 12,5% 22-01-10
Nepal Bangladesh Bank   12,0% 15,5% 22-01-10
Citizens’ International Bank   13,0% 15,0% 27-01-10
Lumbini bank   12,0% 14,0% 03-02-10
more interest rates of mortgages and home loans        
         
add a bank        
Personal loans
Name of bank   Lowest rate Highest rate checked
Nepal Bank   10,0% 12,0% 27-01-10
Nabil bank   13,0% 16,0% 30-01-10
Kumari Bank   12,0% 13,0% 22-01-10
Rastriya Banijya Bank   11,0% 12,0% 03-02-10
Sanima   12,0% 15,0% 03-02-10
Nic bank   13,0% 17,0% 27-01-10
more interest rates of personal loans        
         
add a bank        
Educational loans
Name of bank   Lowest rate Highest rate checked
Nepal Bank   9,5% 10,0% 27-01-10
Machhapuchchhre Bank Limited   12,0% 13,0% 30-01-10
Lumbini bank   11,0% 14,0% 03-02-10
Kumari Bank   11,5% 11,5% 22-01-10
Citizens’ International Bank   13,0% 14,0% 27-01-10
Nepal Bangladesh Bank   15,0% 15,0% 22-01-10
More rates of educational loans        
         
add a bank        

 

Central bank
Nepal Rastra bank
Central bank of Nepal
 
Latest bank news
26-01-2010:
Siddhartha Bank registered an operating profit of Rs 243 million during the second quarter of FY '66-67. While inaugurating the bank's new corporate office at Hattisar, Kathmandu, the chairman also said that the bank's total deposit portfolio during the same period stood at Rs 17.5 billion while the total loans and advances amounted to Rs 16.64 billion. The bank also inaugurated its new branch office at Thamel with an aim to extend modern banking services and products to industrialists, businessmen, tourists and the general public.

20-01-2010
Global Bank Ltd opened its 24th branch in Chhetrapati, Kathmandu on Wednesday. Chandra Prasad Dhakal, chairman of the bank, inaugurated the branch. The new branch is the bank´s 11th in the capital.

07-01-2010
Banks in Nepal have revised their lending rates upward in the range of 2.5 to 3.5 percentage points amid long-running liquidity crunch and enforcement of new lending policy by Nepal Rastra Bank.

01-01-2010
Sunrise Bank Ltd. has launched a new scheme, 'Suryodaya Remit Saving Account' aiming at mainstreaming the remittance to service and productive sector. The depositors in this scheme will get 7 to 7.25 percent interest rate

Siddhartha Development Bank, which initially got a license to operate within three districts, has got the approval to go nationwide from Nepal Rastra Bank.

18-12-09
Kist Bank Ltd, a commercial bank, has opened its new branch office in Gongabu of Kathmandu.

15-12-2009:
With the commercial banks mulling over hiking interest rates on lending, life could be tougher for those seeking loan from the banks. Since interest rate on deposits is increasing, there is pressure on the banks to increase interest in lending rates.

30-11-2009:
Standard Chartered Bank has been crowned as the Banker’s bank 2009 by the Bankers magazine. The award was given in regard of the growth and long-term strategic commitment of the bank to Asia. The bank was given the title for its good performance during the fiscal year 2008-2009.It was also named as the Best Bank for Asia.

24-11-2009
Liquidity crunch has started fuelling the banks interest rates that were till last year hovering around and below five percent and moreover, the commercial banks have lost their attractions in the treasury bills. The heavy withdrawal from commercial banks due to the government’s fears has also compelled banks to increase the interest rates which have reached to 11 percent by now.

more bank news

Other topics
Development Banks Nepal

Microcredit and microfinance

Notice

At the moment we are doing our very best to gather us much information about interest rates of different type of loans in Nepal.
If you want to add the rates of other banks or financial institutions, or want to report a mistake, please send your comments to loans.com.np@gmail.com

Note: (more) information about interest rates of educational or study loans will be available soon.

 

privacy

 

 

Nepal pictures / cheap tickets.com.np / trekking Himalaya / campsites

 

 

03-02-2010