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
Rastriya Banijya Bank   14,0% 15,0% 04-01-12
Nepal Bank   11,0% 15,0% 04-01-12
Bank of Kathmandu   14,0% 16,0% 08-02-12
Machhapuchchhre Bank Limited   14,5% 18,0% 06-09-11
Nabil bank   14,0% 16,0% 08-02-12
Nepal Bangladesh Bank   14,5% 16,0% 28-10-11
Citizens’ International Bank   14,0% 16,5% 08-02-12
Kumari Bank   14,0% 17,0% 28-10-11
more interest rates of car/motor cycle loans        
         
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Mortgages and/or home loans
Name of bank   Lowest Highest checked
Nepal Bank   12,0% 15,0% 04-01-12
Rastriya Banijya Bank   12,0% 14,0% 04-01-12
Bank of Kathmandu   14,0% 16,0% 08-02-12
Nic bank   10,0% 16,0% 08-02-12
Machhapuchchhre Bank Limited   14,5% 18,0% 06-09-11
Himalayan Bank Ltd   13,0% 16,5% 08-02-12
more interest rates of mortgages and home loans        
         
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Personal loans
Name of bank   Lowest rate Highest rate checked
Nepal Bank   12,0% 16,0% 04-01-12
Rastriya Banijya Bank   14,0% 15,0% 04-01-12
Nic bank   15,0% 17,0% 08-02-12
Bank of Kathmandu   15,0% 16,0% 08-02-12
Himalayan Bank Ltd   14,5% 16,5% 08-02-12
Nabil bank   13,0% 16,0% 08-02-12
more interest rates of personal loans        
         
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Educational loans
Name of bank   Lowest rate Highest rate checked
Nepal Bank   12,0% 13,5% 04-01-12
Rastriya Banijya Bank   12,0% 12,0% 04-01-12
Bank of Kathmandu   15,0% 16,0% 08-02-12
Machhapuchchhre Bank Limited   15,0% 17,0% 06-09-11
Kumari Bank   14,0% 16,0% 06-09-11
Citizens’ International Bank   15,0% 16,0% 10-05-11
Nepal Bangladesh Bank   17,0% 17,0% 28-10-11
More rates of educational loans        
         
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Central bank
Nepal Rastra bank
Central bank of Nepal
 
Latest bank news
01-05-2012
Sunrise Bank has opened its 49th branch in Nepalgunj on Monday. The new branch will provide enhanced modern banking facilities including the newly launched Sunrise Mobile Banking service.

08-02-2012
Bank of Asia Nepal has started mobile banking services through Ncell’s network too. Earlier, the service was only available on Nepal Telecom’s mobile services. Now subscribers of both mobile service providers can enquire about balance, get account statement, transfer funds and make mobile bill payments through this service

05-01-2012
The only government owned bank — Rastriya Banijya Bank (RBB) — has finally got a chief executive officer following a long exercise. The CEO selection committee headed by Energy Minister Balanand Poudel selected Krishna Prasad Sharma as the new CEO

04-01-2012:
Nepal Investment Bank Ltd (NIBL) has started the MoneyGram International Money Transfer Services in Nepal. Under the arrangement, transactions coming from around more than 190 countries all over the world can now be paid from all the 41 branches of NIBL.

21-12-2011
The Gairidhara branch office building of Sunrise Bank Limited (SrBL) caught fire on Wednesday morning. The blaze occurred due to a suspected short-circuit in the diesel plant that was being operated in the hours of load shedding.

04-12-2011:
Bank of Kathmandu (BoK) has been awarded Bank of the Year 2011-Nepal and Kumari Bank has received The Manthan Award South Asia 2011. The Banker Magazine, a publication of the Financial Times Group awards the banks around the globe with its prestigious The Banker Award.

30-11-2010:
The leading bullion importer NIC Bank has launched ‘one kilo silver bar’ targeting the retail investors. “It will allow the public an option to buy certified silver as an investment instead of keeping it cooped up in the savings account,” informed head of financial markets -commodities and derivatives at the bank Saroj Guragain.

16-11-2011:
Nepal Bank Ltd marks 75th anniversary. On the occasion, President Yadav expressed happiness at the bank’s services provided through 112 branches across the country.

08-11-2011
A security guard deployed at an ATM machine owned by the Himalayan Bank’s Surya Binayak wing of Bhaktapur was found dead in the bank premises. It is not clear whether it was a murder or natural death, adding it will be known only after postmortem and through further investigations.

02-10-2011
NMB Bank Ltd has commenced its 15th ATM in Butwal on Sunday. The ATM is believed to be convenient for all the people in Butwal.

26-07-2010
Kumari Bank has bagged mBillionth Award South Asia 2011 for its Kumari Mobile Cash product. The award was given under the m-business and commerce, banking category in the mBillionth 2011 South Asia International Summit 2011 in New Delhi, India on Saturday.

08-06-2011:
According to Securities Board of Nepal, the Siddhartha Bank today applied for the permission to start Mutual Fund under the name of Siddhartha Assets Management Company — a subsidiary of the bank. It will be the first Mutual Fund after the regulatory authority brought Mutual Fund regulation in 2067.

 

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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.

 

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05-05-2012