Everest Bank Limited Updates Interest Rates on Deposits and Loans

17th November 2025, Kathmandu

Everest Bank Limited has officially announced its updated interest rates on deposits and loans, with the new rates becoming effective from 1st Mangsir 2082 (17 November 2025).

EBL Updates Interest Rates

The revision reflects the bank’s current liquidity management strategy and positioning within the Nepalese financial market. These rates are crucial for both depositors seeking returns and borrowers seeking financing for their various needs.

Revised Deposit Interest Rates

Everest Bank offers varied interest rates on its savings and fixed deposit products, with rates adjusted to incentivize specific customer segments and deposit tenures.

Saving Deposit Rates (NPR)

The interest rates on Nepalese Rupee (NPR) savings accounts at Everest Bank range from a low of 2.75 percent up to a maximum of 4 percent per annum, depending on the specific account type.

Highest Yielding Accounts: The top rate of 4 percent is exclusively offered on the Remittance Plus account and the Saving Gorkha Regiment account. This premium rate is designed to encourage foreign remittance inflows and recognize the service of military personnel.

General and Specialized Accounts: The majority of general savings products and specialized saving accounts are clustered within a narrow band of 2.75 percent to 2.80 percent. This includes various general savings, salary accounts, and accounts for students and seniors, maintaining a competitive, though lower, rate for daily banking needs.

Fixed Deposit Rates (NPR)

Fixed deposits reward customers for longer-term commitments, with rates generally increasing with the deposit tenure.

Individual Fixed Deposits:

• 3 months to less than 6 months: 3 percent.
• 6 months to 2 years: 3.75 percent.
• Above 2 years to 5 years: 4 percent.
• Above 5 years: 5 percent. This highest rate for individuals targets long-term investors seeking maximized returns on their committed capital.

Institutional Fixed Deposits: Rates for institutional clients vary between 2.75 percent and 4 percent, determined by the agreed-upon tenure.

Call and Foreign Currency Deposits

Call Deposits (NPR): The Normal Call Deposit is offered at a minimal rate of up to 1 percent, while the Smart Call Deposit rate is applied as per applicable slabs, allowing for flexible, short-term liquidity management.

Foreign Currency (FCY) Fixed Deposits: Everest Bank also facilitates deposits in major foreign currencies. The interest rate on a USD Fixed Deposit for individuals is 3.25 percent, with Call Deposits in USD offering up to 1.50 percent. Rates for other currencies like EUR and GBP are also provided, ensuring options for customers with foreign income streams.

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Loan and Advance Interest Rates

Everest Bank utilizes a dual-rate system for loans, offering both fixed rates for certainty and floating rates pegged to its Base Rate for flexibility.

Base and Spread Rates

The floating loan rates are tied to the bank’s internal cost of funds, represented by the Base Rate (BR).

Base Rate: The Base Rate applicable for Kartik 2082 is 4.88 percent. This rate is calculated as the average of the bank’s Base Rates over the preceding three months. The Base Rate at the end of Ashwin 2082 was 4.86 percent.

Spread Rate: The bank’s Spread Rate, a key metric of profitability, stood at 3.36 percent at the end of Ashwin 2082.

Individual Term Loans

Loans for individual borrowers utilize both fixed and floating rate options:

Fixed Rate: Interest rates range from 7.49 percent to 10 percent. Housing and vehicle loans are offered at the most competitive fixed rate of 7.49 percent. Other retail products, including education, flexi, agro, and general retail loans, generally cluster around a 9 percent fixed rate.

Floating Rate: These loans are priced at the Base Rate (BR) plus a premium ranging from 1 percent to 4 percent.

SME and Corporate Loans

SME Loans: Term loans for Small and Medium Enterprises (SME) have a fixed rate starting at 8.50 percent. The floating rate for these loans is BR plus a premium of 1 percent to 3 percent.

Corporate Loans: Term loans for corporate clients are also offered at an 8.50 percent fixed rate. The floating rate for corporate loans is the most competitive, set at BR plus a premium ranging from 0.50 percent to 2.50 percent.

Concessional Loans

In line with social responsibility and regulatory directives, Everest Bank offers a relaxation of 1 percent in the interest rate to specific vulnerable groups, including senior citizens and selected disadvantaged groups under deprived sector loans. This measure ensures greater financial inclusivity.

For More: EBL Updates Interest Rates