NIC ASIA Bank Announces Revised Deposit And Loan Interest Rates From Shrawan 1, 2083

16th July 2026, Kathmandu

NIC ASIA Bank Limited has announced its revised annual deposit and loan interest rates, effective Shrawan 1, 2083, which corresponds to July 17, 2026.

NIC ASIA  Interest Rate Revision

The updated rate schedule covers an expansive range of savings portfolios, multi-tenure fixed deposits, foreign currency options, call accounts, and flexible lending packages.

The bank stated that the new interest rate framework is designed to align with current market liquidity conditions, provide balanced returns to depositors, and maintain a sustainable pricing model for borrowing clients across the country.

KEY HIGHLIGHTS OF NIC ASIA BANK INTEREST REVISION

The shifting financial dynamics reflect structured asset liability management within the commercial banking sector of Nepal. The financial institution continues to manage its fund costs efficiently while offering tailored returns to diverse consumer segments.

The new interest rate schedules detail varied percentages per annum, focusing on domestic savings categories, multi-tiered fixed deposits, and specific lending premiums:

LOCAL CURRENCY SAVINGS AND CALL DEPOSIT RATES

NIC ASIA Bank Limited has updated returns for local currency savers. The yields for individual savings schemes are defined below:

• Sathi Bachat Khata offers a yield of 3.25 percent per annum.
• All other standard saving accounts except the one mentioned above yield a flat 2.75 percent per annum.

Additionally, local currency call deposit accounts yield up to 1.37 percent per annum.

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DOMESTIC FIXED AND FOREIGN CURRENCY DEPOSITS

The bank has structured explicit maturity timelines for individual, institutional, and foreign currency deposit products with competitive interest allocations:

• For standard individual fixed deposits, a tenure of 3 months to 2 years offers 2.75 percent per annum. Individual tenures from above 2 years to less than 5 years provide a 3.01 percent annual yield, while tenures of 5 years and above offer the maximum standard individual fixed return of 4.00 percent per annum.
• Customers opening a Remittance Deposit will receive an additional 1 percent interest rate over the normal applicable rate for that respective tenure.
• For non-individual institutional fixed deposits, the bank offers 2.75 percent per annum for tenures from 6 months to less than 5 years, and 3.00 percent per annum for tenures of 5 years and above.
• For foreign currency call deposits, US Dollar products pay up to 0.50 percent, Euro products up to 0.25 percent, Great Britain Pound products up to 0.25 percent, Japanese Yen products up to 0.05 percent, and Australian Dollar products up to 0.25 percent per annum. Foreign currency savings deposits pay 1.00 percent for USD and 0.50 percent for EUR, GBP, and AUD, while JPY pays 0.10 percent.
• Foreign currency fixed deposits up to 1 year offer up to 3.50 percent for USD and up to 2.00 percent for EUR, GBP, and AUD, while JPY offers up to 0.50 percent per annum.

LOANS AND ADVANCES PRICING PLANS

Borrowing facilities are split into flexible floating options linked directly to the base rate and stable fixed interest rate models for various personal, business, and corporate portfolios:

Floating interest rates are calculated by adding an applicable risk premium to the base rate. For instance, Auto Loans for private vehicles red plate prime carry a minimum risk premium of 0.25 percent and a maximum risk premium of 2.25 percent, or a fixed interest rate of 7.49 percent per annum. Home Loans carry a minimum risk premium of 0.00 percent and a maximum risk premium of 2.00 percent, or a fixed interest rate of 6.99 percent per annum. Education Loans offer a risk premium between 1.00 percent and 3.00 percent, or a fixed rate of 8.99 percent per annum.

For commercial lines, Easy Business Loans, Small Business Loans, and Premium Business Loans prime feature a floating risk premium between 0.00 percent and 2.00 percent. The fixed interest rate alternative for Premium Business Loans prime is set at 7.49 percent, while Easy Business Loans and Small Business Loans are locked at 7.99 percent per annum. Corporate Loans prime carry a minimum risk premium of 0.00 percent and a maximum risk premium of 2.00 percent, or a fixed rate of 6.99 percent per annum.

STRATEGIC MARGIN MANAGEMENT AND REGULATORY ALIGNMENT

The latest financial publication from NIC ASIA Bank Limited confirms that its average base rate for Jestha 2083 stands at 6.04 percent. The bank specified that base rate adjustments on loans with floating interest rates will be implemented systematically with effect from the first day of every Nepali calendar month, ensuring transparent pricing adjustments for all borrowing clients.

A primary highlight of the bank’s updated asset allocation model is its compliance with national guidelines and sector definitions. The bank has declared that for subsidy rate loan products, interest rates as per Nepal Rastra Bank directives shall apply directly, while standard fixed interest rates will be reviewed consistently in line with the NRB Unified Directives. Furthermore, interest rates on consortium loans will continue to be governed directly by specific consortium decisions.

By keeping clear floating parameters alongside predictable fixed consumer lending tracks, the bank balances commercial risk mitigation with consumer accessibility. Loans against fixed deposit receipts carry a minimum floating risk premium between 0.00 percent and 2.00 percent, with a rule stating that the minimum rate for a loan against a fixed deposit shall be the coupon rate plus up to 2 percent. The low baseline individual and institutional funding rate of 2.75 percent helps lower the overall cost of capital, allowing the bank to support small scale enterprises, agricultural initiatives, and personal housing setups safely through its corporate networks and centralized systems.

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