Everest Bank Interest Rates Nepal: New Fixed & Floating Loans, Deposits (June 2025)
15th June 2025, Kathmandu
Everest Bank Limited (EBL) has announced new interest rates for loans and deposits, effective from 1st Ashadh 2082 (June 15, 2025). The bank has revised rates across various loan categories for individuals, SMEs, and corporate clients. It has also adjusted deposit rates for different savings and fixed deposit schemes.
Everest Bank Interest Rates Nepal
Individual Loan Rates
The bank has categorized individual term loans into several types. Housing and vehicle loans now carry a fixed interest rate of 9.00%. Their floating rates fall between Base Rate (BR) +1.00% to BR +3.00%.
For hire purchase loans, the fixed rate is 12.50%, and for education, flexi, professional, agro, pension-backed, and insurance-backed loans, the fixed rate is 11.99%.
Future leases and loans against consumable goods are charged at 12.99% fixed. All of these fall under the same floating interest band of BR +1.00% to BR +3.00%.
SME Loan Rates
For small and medium enterprises, the interest rate structure is slightly different. Term loans have a fixed rate of 11.99%, with floating rates between BR +1.00% to BR +3.00%.
Facilities like WC-CC, STL, DL, and TR do not have fixed rates but follow the same floating band. Deprived sector SME loans also carry 11.99%.
Loans against liquid assets such as FDRs and government bonds are provided at up to 2% above the coupon rate. Foreign currency (USD) loans will follow Nepal Rastra Bank’s regulations.
Corporate Loan Rates
Corporate credit facilities have floating rates ranging from BR +0.50% to BR +2.50% for margin lending, WC-CC, STL, DL, and TR. Term loans have a fixed rate of 11.99%, with floating options as well.
Deprived sector institutional loans are also charged at 11.99%. Short-term demand loans are capped at BR +2.00%.
USD-denominated loans will follow NRB rules. Loans against government securities carry interest up to 2% above the coupon rate.
Special Concessions
Everest Bank has extended a 1% interest relaxation under the Deprived Sector Loan category for certain groups. These include senior citizens, Dalits, Mukta Kamaiyas, Baadi, Haliya, war victims, single women, and individuals with disabilities.
The base rate applicable for Jestha 2082 is 5.38%, based on a 3-month average. As of the end of Baishakh 2082, the base rate stood at 5.23%, and the spread rate was 3.75%.
Saving Deposit Interest Rates
The bank has also revised interest rates on savings accounts. Remittance Plus and Gorkha Regiment savings accounts offer the highest return of 4.05% p.a. Most other schemes, including premium, corporate salary, student, mobile ATM, and shareholder accounts, offer between 3.00% and 3.05% p.a.
Freedom Saving, Naari Baachat, Baal Baachat, and Hatemalo accounts offer 3.00% annually. Staff saving and social security distribution accounts also fall in the 3.00% range.
Fixed Deposit Interest Rates
For individuals, fixed deposit rates range from 4.00% for 3 months to less than 1 year, up to 6.55% for terms above five years.
Institutional fixed deposits offer lower returns, from 3.00% to 5.55%, depending on the term.
The bank has noted that remittance fixed deposits will get an additional 1% interest above the regular FD rates.
Call And Foreign Currency Deposits
Call deposits offer up to 1.50% annually. Smart Call and EBL Retirement Plan accounts provide 4.05%.
In the FCY category, USD savings earn 3.25%, while call deposits earn up to 1.625%. EURO and GBP call deposits provide up to 1.00% interest.
Fixed deposits in foreign currencies are tied to international benchmark rates.
Other Deposit Schemes
Special schemes like Everest Pizza Deposit, Sadichha FD, and Sunaulo Bhawishya follow regular FD interest rates. This also includes Supreme FD, Saugat Muddati Khata, and Cumulative Deposit plans.
Everest Bank’s updated interest rates aim to provide more clarity and flexibility for customers across all banking segments while complying with regulatory guidelines.
For more: Everest Bank Interest Rates Nepal
