July 16, 2026

Commercial Banks Personal Fixed Deposit Rates Drop Below Four Percent For Shrawan 2026

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16th July 2026, Kathmandu

Nepal’s commercial banks have published their updated interest rates for Shrawan 2026, with the average interest rate on personal fixed deposits dropping below the 4 percent mark.

Commercial Banks Fixed Deposit Rates

The latest interest rate notices reveal a downward trend in deposit yields, reflecting the continued easing of rates across the financial sector.

The latest revision indicates that competition for deposits remains subdued as commercial banks continue to adjust interest rates downward in response to excess liquidity and slower credit expansion in Nepals banking sector.

KEY HIGHLIGHTS OF PERSONAL FIXED DEPOSIT INTEREST RATE ADJUSTMENTS

The shifting financial dynamics reflect a high cash surplus within the national banking system. The adjustment of deposit returns indicates that major lenders are striving to manage their fund costs efficiently.

The new interest rate structures across the country highlight a downward trend in deposit yields, focusing on falling averages, key bank structures, and top tier market options:

SIGNIFICANT DECLINE IN MARKET AVERAGES

According to the latest published information, the average maximum interest rate on personal fixed deposits across all 20 commercial banks has declined to 3.90 percent. This shift indicates that the general return on personal investments is continuing a steady drop amid abundant liquidity and subdued credit demand in the banking sector.

EXTENSIVE GROUP OF BANKS OFFERING AVERAGE MARKET RATES

Several banks are offering rates close to the market average to balance their cash reserves. Citizens Bank International has fixed its maximum personal deposit rate at 3.95 percent, while Global IME Bank, Himalayan Bank, Laxmi Sunrise Bank, Nepal Investment Mega Bank, NIC Asia Bank, Prime Commercial Bank, and Rastriya Banijya Bank are offering 4.00 percent. Similarly, Everest Bank and Siddhartha Bank have set their maximum personal fixed deposit rate at 4.05 percent, while Nepal SBI Bank is offering 4.10 percent. Agricultural Development Bank has fixed its rate at 4.15 percent, and Nepal Bank Limited is providing 4.25 percent.

HIGHEST AND LOWEST MARKET RATE OFFERINGS

Among the commercial banks, Kumari Bank is offering the lowest maximum personal fixed deposit rate of 3.55 percent for Shrawan. On the other hand, Nabil Bank and Prabhu Bank are providing the highest rate of 4.55 percent, making them the most attractive options for individual fixed deposit holders this month. Meanwhile, Machhapuchchhre Bank, NMB Bank, and Sanima Bank are offering 4.50 percent, placing them among the banks with the highest deposit returns after Nabil Bank and Prabhu Bank.

COMMERCIAL BANKS MAXIMUM PERSONAL FIXED DEPOSIT RATES LIST FOR SHRAWAN 2026

The following details outline the maximum personal fixed deposit interest rates offered by individual commercial banks for the month of Shrawan 2026:

Nabil Bank offers 4.55 percent for personal fixed deposits.
Prabhu Bank offers 4.55 percent for personal fixed deposits.
Machhapuchchhre Bank offers 4.50 percent for personal fixed deposits.
NMB Bank offers 4.50 percent for personal fixed deposits.
Sanima Bank offers 4.50 percent for personal fixed deposits.
Nepal Bank Limited offers 4.25 percent for personal fixed deposits.
Agricultural Development Bank offers 4.15 percent for personal fixed deposits.
Nepal SBI Bank offers 4.10 percent for personal fixed deposits.
Everest Bank offers 4.05 percent for personal fixed deposits.
Siddhartha Bank offers 4.05 percent for personal fixed deposits.
Global IME Bank offers 4.00 percent for personal fixed deposits.
Himalayan Bank offers 4.00 percent for personal fixed deposits.
Laxmi Sunrise Bank offers 4.00 percent for personal fixed deposits.
Nepal Investment Mega Bank offers 4.00 percent for personal fixed deposits.
NIC Asia Bank offers 4.00 percent for personal fixed deposits.
Prime Commercial Bank offers 4.00 percent for personal fixed deposits.
Rastriya Banijya Bank offers 4.00 percent for personal fixed deposits.
Citizens Bank International offers 3.95 percent for personal fixed deposits.
Kumari Bank offers 3.55 percent for personal fixed deposits.

IMPACT OF LIQUIDITY SURPLUS ON THE BANKING SYSTEM

The decision of commercial banks to lower interest rates is a direct response to the massive amount of idle cash sitting in their vaults. Because economic activities have not fully gained speed, credit disbursement remains slow, prompting banks to discourage large high yield deposits. By adjusting deposit rates downward, financial institutions are attempting to safeguard their net interest margins and lower the cost of funds.

This reduction in deposit rates will eventually lead to a decline in the base rate of commercial banks, which is good news for prospective borrowers. As base rates drop, premium rates on retail loans, home loans, and industrial credit will also decrease, making borrowing cheaper. Financial experts believe that this could help stimulate economic recovery by encouraging corporate houses and individuals to take out new loans for business expansion and investment.

For retail depositors, however, the continuous fall in interest rates means a lower return on their savings. Many individual savers might begin exploring alternative investment avenues, such as the stock market or government bonds, to achieve better yields. The coming weeks will reveal whether this rate adjustment successfully drives credit growth or if the banking sector will continue to navigate a period of high liquidity and low credit utilization.

For More: Commercial Banks Fixed Deposit Rates