New interest rate announced for the month of March, what is the interest rate of which bank?
-
Media Baaji
- Sun, 15 March 2026
Kathmandu. Commercial banks have announced the new interest rates applicable for the month of March. According to the public rate, the maximum average interest rate of individual term deposits has decreased slightly compared to February. The maximum average interest rate of individual term deposits which was 4.56 percent in February has decreased to 4.49 percent in March. Along with this, the average rate has decreased by 0.07 percentage points.
Out of the 20 commercial banks operating in Nepal, 6 banks have reduced the interest rate and the overall average rate has decreased. The remaining 14 banks have continued the rate of February. The maximum average interest rate for institutional term deposits has also been reduced by 0.03 percentage points.
Nepal Bank is the bank that has reduced the interest rate the most for Chait. The bank has reduced the maximum interest rate of personal term deposits by 0.6 percentage points. Similarly, Standard Chartered Bank, Kumari Bank, Krishi Bikas Bank, Prime Commercial Bank and Global IME Bank have also reduced the interest rates for the month of March.
Express
Related News
The Electricity Authority will provide employment to eight more people from the Shaheed family
Kathmandu. The Nepal Electricity Authority has decided to provide employment to eight more family members who were martyred during the Genji movement. Chairman of the Board of Directors and Minister of Energy, Water Resources and Irrigation Virajb...
A significant increase in the import of petroleum products
Parsa. In the six months of the current financial year, petroleum products worth Rs 90 billion and six crores have been imported through Birgunj. During the same period of the current year, petroleum products worth Rs. In the six months of the cur...
The value of the dollar hit a new record, while other foreign currencies also rose
Kathmandu. Nepal Rastra Bank has announced the official exchange rate of foreign currencies for Wednesday.
According to the new rate determined by the Central Bank, the buying rate of one US dollar has been fixed at 152 rupees 71...
The value of the US dollar at a high point
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 143 rupees 74 paisa and the selling rate is 144 rupees 34 paisa. Similarly...
Extension of application deadline for companies dealing in real estate
Kathmandu. The Department of Land Management and Records has extended the deadline for applications for firms, companies or organizations that want to get a license to deal with real estate. The department has extended...
Signing of two contracts worth USD 2.37 million under MCC for road maintenance
Kathmandu. MCA-Nepal has signed two important contracts worth about 2.37 million US dollars for the implementation of road maintenance work under the Millennium Challenge Corporation MCC Compact. On Monday in Kathmandu, MCA-Nepal signed an agreeme...