Bank interest became cheaper in July, 6 banks cut, which one has how much?
-
Media Baaji
- Thu, 16 July 2026
Kathmandu. All 20 commercial banks have announced the new deposit interest rates applicable for the month of July. Looking at the public rates, it is seen that the average interest rate of deposits has further decreased in July compared to June.
The maximum average interest rate offered by banks on personal fixed deposits has been limited to 4.17 percent for July, while it was 4.26 percent in June. The average interest rate for institutional term deposits also decreased from 3.18 percent to 3.12 percent.
The largest reduction in interest rates during this period was made by the National Commercial Bank. The bank has reduced the maximum interest rate for individual deposits by 0.75 percentage points, while it has reduced it by 1 percentage point for institutional deposits. Similarly, Global IME Bank has reduced the interest rate on personal deposits by 0.5 percentage points to 4 percent.
Related News
27.93 billion revenue collection by Bagmati state government
Kathmandu. The Bagmati state government has collected 41.40 percent of the annual target in the nine months of the current financial year, i.e. 27 billion 933 million two thousand rupees. Real estate registration, property tax and vehicle tax are...
The price of gold and silver decreased, how much per tola?
Kathmandu. On Thursday, the price of gold and silver decreased in the Nepalese market. According to the Federation of Nepal Gold and Silver Traders, today the price of gold has decreased by 800 rupees per tola. Along w...
Genji Movement: Payment of over five billion claims for physical and other damages
Kathmandu. Out of the insurance claims for physical and other damages during the Zenji movement, Rs. 5.18 billion has been paid to the insured so far. The Nepal Insurance Authority issued a press release today and said that out of a total of 3,303...
6 thousand 40 cylinders of gas are being distributed today
Kathmandu. Nepal Oil Corporation has increased its vigilance to prevent artificial shortage of cooking gas in the market and has asked consumers not to stock up unnecessarily. Chandika Prasad Bhatt, executive director of the corporation, clarified...
Salary of Child Development Facilitator, School Staff and School Helper increased by 5,000
Kathmandu. On the proposal of the Ministry of Education and Sports, the government has decided to increase the salary subsidy of teachers and early childhood development ECD facilitators and school staff working on federal grants. The Cabinet meet...
No longer needing a bank to take a loan, Rashtra Bank is implementing formal loan transactions between individuals
Kathmandu. The Governor of Nepal Rastra Bank, Dr. Vishwanath Poudel, today announced the 25th monetary policy for the fiscal year 2083 and 84. This year's monetary policy has placed special emphasis on digital financial instruments and regulatory...