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
Solu Hydropower IPO to issue from today
Kathmandu. Solu Hydropower Limited has issued an initial public issue IPO for the local residents of the project-affected areas and Nepali workers who are employed abroad from today on November 7th. The company was all...
The price of eggs increased again
Chitwan. The consumption of eggs has increased as it gets colder. On top of that, after the tightening in the Indian border area, illegal eggs have been stopped. Farmers say that because of this, Nepali eggs have start...
Dedicated trunk line dues dispute: Time given by authority expires today
Kathmandu. The last time given by Nepal Electricity Authority to pay the outstanding amount of dedicated and trunk line is ending today. According to the installment facility provided by the authority to the industrial...
The work on the western section of Muglin-Pokhara road is in the final stage
Kathmandu. The construction of the Jamune-Pokhara West section of the Muglin-Pokhara road project is set to be completed by November. According to the Ministry of Infrastructure Development, the construction has picked up speed after the problems...
A slight improvement in the stock market; why is it fluctuating?
Kathmandu. The market has broken its streak of declines for the fourth consecutive day. Today, the market saw a slight improvement. Although the market rose by a small margin today, there is no atmosphere of enthusiasm among investors. As the mark...
In five months, 3 trillion 59 billion worth of goods were brought in through the Birganj border
Birganj. In the five months of the current financial year, goods and goods worth Rs. Compared to the five months of the previous financial year, goods worth 53.32 billion more were imported by 17 percent in the same period of the current year. Whi...