Nepal Bank Limited Rates: Comprehensive Guide 2026

15th March 2026, Kathmandu

Nepal Bank Limited (NBL) has officially updated its interest rate framework for deposits and lending, effective from 1st Chaitra 2082 (15th March 2026).

Nepal Bank Limited Rates

As Nepal’s first commercial bank, NBL continues to play a pivotal role in the national financial ecosystem. This guide serves to clarify the latest interest rate offerings, helping both retail customers and corporate clients align their financial planning with the bank’s current product structure.

Savings and Remittance Deposits

NBL has curated its savings portfolio to balance general banking needs with specialized requirements, such as those of the remittance community.

Savings Account Highlights:

The standard Normal Saving account provides an annual interest rate of 2.76 percent. For more specialized needs, the NBL Diamond Saving, Women Special Saving, and Yuva Bachat Khata (which notably requires no minimum balance) offer an enhanced 2.96 percent per annum.

Remittance Focus:

Recognizing the vital importance of foreign earnings to the Nepali economy, the NBL Remittance Saving and NBL Remittance IPO Saving accounts offer a significantly higher rate of 4.76 percent per annum. These products are designed to incentivize migrant workers to route their earnings through formal banking channels.

Fixed Deposit Structures

Fixed deposits at NBL are tiered to reward longer-term commitments, providing predictable income streams for conservative investors.

Individual vs. Institutional Rates:

Individual fixed deposits start at 2.75 percent for shorter tenures (3 months to 1 year) and scale up to 4.50 percent for deposits held for over 5 years. Institutional fixed deposits are more conservative, peaking at 3.00 percent for tenures of two years and above.

Remittance Fixed Deposits:

NBL offers a unique dynamic pricing model for remittance-based fixed deposits. By linking the interest rate to the bank’s Base Rate (BR), these deposits can earn between BR+0.50 percent and BR+2.00 percent, providing an inflation-hedged return depending on the maturity period, which can extend up to 25 years.

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Foreign Currency (FCY) Deposits

For clients holding USD, EURO, GBP, or AUD, NBL offers specific savings and fixed deposit accounts. USD savings accounts yield 3.00 percent per annum, while AUD accounts offer 2.00 percent. Fixed deposits in these currencies generally offer between 3.50 and 4.00 percent, serving as a hedge against currency fluctuations for those with international financial obligations.

Lending Products: Retail and Business

NBL’s lending strategy is built on a base rate (BR) plus a risk-adjusted premium. This ensures that the cost of credit remains transparent and responsive to market changes.

Retail Lending:

Home Loans: Products such as Professional, Nepalaxmi, and Shulav Aawas are priced at the base rate plus a 2.42 percent premium.

Education Loans: These carry a fixed interest rate structure ranging between 9.90 and 9.99 percent per annum.

Gold and Silver Loans: Priced competitively at 3.01 percent per annum, these loans remain a preferred choice for short-term liquidity needs.

Business and SME Lending:

The bank continues to support the small and medium enterprise sector through specialized products like the Sajilo Byabasaya Karja (BR + 1.25 to 3.25 percent) and Sambriddha Byabasaya term loans (BR + 0.50 to 2.75 percent). These variable structures allow businesses to manage their cash flows effectively during different phases of the economic cycle.

Key Considerations for NBL Customers

Floating vs. Fixed: Most NBL lending products are floating-rate loans, meaning they adjust based on the bank’s average base rate of the preceding three months.

Penalties: Borrowers should be aware that failing to meet repayment schedules will result in an additional 2 percent penal interest rate applied to the overdue amount.

Risk Premiums: Clients categorized as high-risk by the bank’s internal credit assessment may be charged an additional risk premium of up to 2 percent.

As with any major financial decision, customers are encouraged to verify their specific eligibility for subsidized or specialized loan schemes by consulting with an NBL branch representative. These rates are subject to periodic market adjustments, and the official website at www.nbl.com.np remains the definitive source for any real-time changes to the bank’s interest rate policy.

For More: Nepal Bank Limited Rates