Baisakh Bank Interest Rates Drop: Full List of Commercial Banks in Nepal and Latest Changes

Untitled design - 1

13th April 2026, Kathmandu

The Baisakh Bank Interest Rates in Nepal have shown a noticeable decline compared to the previous month of Chaitra, according to the latest data published by commercial banks.

Baisakh Bank Interest Rates

This shift indicates a gradual easing in deposit rates for both individual and institutional customers across the country as we enter the first month of the new year, Baisakh 2083.

As per the latest updates published on 30 Chaitra 2082, the average interest rate for deposits has slightly decreased. This trend reflects broader monetary movements and the current liquidity conditions within the banking sector of Nepal. For investors and savers, understanding these shifts is crucial for optimizing financial returns in April 2026.

Overall Trend in Baisakh Bank Interest Rates

The data reveals a consistent downward movement across both individual and institutional deposit categories. This suggests that the cost of funds for banks is decreasing, which may eventually lead to lower base rates for borrowers as well.

Individual Deposit Rate Trends:

• Chaitra Rate: 4.49%
• Baisakh Rate: 4.40%
• Percentage Change: -0.09%

Institutional Deposit Rate Trends:

• Chaitra Rate: 3.29%
• Baisakh Rate: 3.23%
• Percentage Change: -0.06%

This decline indicates that banks are slightly lowering the returns provided on deposits. Such adjustments are often influenced by excess liquidity in the financial system or policy signals from the central bank intended to stimulate economic activity.

Bank-wise Interest Rate Changes in Nepal

A closer look at the Baisakh Bank Interest Rates shows a divided landscape. While several major institutions opted for rate cuts, a significant number of commercial banks chose to keep their rates stable to retain their depositor base.

Banks That Reduced Interest Rates

Several banks implemented noticeable reductions to their interest offerings. These changes often reflect the internal liquidity management strategies of each specific institution.

• Citizens Bank International: Reduced individual rates by 0.35%.
• Everest Bank: Decreased individual rates by 0.20%.
• Himalayan Bank: Led the market with a 0.50% cut for individuals and a 0.25% cut for institutions.
• Nabil Bank: Focused on institutional rates with a decrease of 0.54%.
• NIC Asia Bank: Implemented a balanced reduction of 0.25% for both categories.
• Rastriya Banijya Bank: Decreased individual rates by 0.25%.
• Siddhartha Bank: Reduced both individual and institutional rates by 0.25%.

Banks That Maintained Stable Rates

Despite the general downward pressure, a majority of the commercial banks in Nepal decided to keep their rates unchanged for Baisakh. This stability suggests that these banks are prioritizing the retention of existing deposits while managing their internal liquidity ratios.

• Agriculture Development Bank
• Global IME Bank
• Laxmi Sunrise Bank
• Machhapuchchhre Bank
• Nepal Bank
• Nepal Investment Mega Bank
• Nepal SBI Bank
• NMB Bank
• Prabhu Bank
• Prime Commercial Bank
• Sanima Bank

Comparing the Highest and Lowest Rates

Even with the overall decline, there remains a competitive range of options for depositors. Identifying which banks offer the maximum returns can help in making better financial placements.

Highest Interest Rates for Baisakh:

For individual deposits, the maximum rate stands at 5.00%. The banks currently leading this segment include NMB Bank, NIC Asia Bank, and Rastriya Banijya Bank. For institutional deposits, the highest available rate is 4.00%, offered primarily by Himalayan Bank, NIC Asia Bank, NMB Bank, and Rastriya Banijya Bank.

Lowest Interest Rates for Baisakh:

On the lower end of the spectrum, individual deposit rates have dipped toward the 4.00% mark. Siddhartha Bank currently offers around 4.00%, while Everest Bank sits at 4.05%. Institutional rates have seen even lower figures, with several banks including Nepal SBI, Prabhu Bank, and Prime Commercial Bank offering around 2.75%.

What This Means for Depositors in 2083

The decline in Baisakh Bank Interest Rates has several practical implications for the average person and for larger organizations.

Lower Returns on Savings: The most immediate impact is that savers will earn slightly less interest on their bank balances compared to the previous month.

Stable Banking Environment: The gradual nature of these decreases suggests a controlled adjustment by the banks, pointing toward a stable and predictable financial sector.

Comparing Options: With rates varying between 4% and 5% for individuals, it is more important than ever to compare different banks before opening a new account or renewing a fixed deposit.

Diversification: As deposit rates decline, some investors may begin to explore alternative options such as mutual funds, insurance products, or the stock market to find higher yields.

Key Insights and Data Summary

The latest banking data provides several key takeaways for the new fiscal period:

• Average rates have declined for both individual and institutional types.
• The majority of commercial banks have chosen to maintain stability rather than follow aggressive cuts.
• A few key players made moderate reductions to align with their liquidity needs.
• The top available rates remain capped at 5% for individuals and 4% for institutions.
• A healthy competitive balance continues to exist among the top tier commercial banks.

Conclusion

The Baisakh Bank Interest Rates show a slight but significant decline across the commercial banking sector of Nepal. While a few major banks have reduced their deposit rates, many have chosen to maintain stability, ensuring a balanced financial environment for the start of the year 2083.

For depositors, this is an ideal time to review your current banking arrangements and make informed decisions based on the updated rates. As liquidity conditions continue to evolve, staying informed about monthly changes will help you maximize your returns and optimize your overall savings strategy in the Nepalese banking system. Keeping an eye on the central bank’s upcoming directives will also provide further clarity on whether this downward trend will continue into the monsoon season.

For More: Baisakh Bank Interest Rates