Everest Bank Announces Revised Deposit And Loan Interest Rates From Shrawan 1 2083

16th July 2026, Kathmandu

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

Everest Bank Revises Interest Rates

The updated rate schedule covers an expansive range of savings portfolios, multi-tenure fixed deposits, 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 EVEREST 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

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

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• Remittance Plus and Savings Gorkha Regiment offer a yield of 3.75 percent.
• Everest Maxi Savings, Saving Premium, Matribhumi Savings, Everest Special Savings, Payroll Savings NFPO, Corporate Salary, Saving Salary, Pension Savings, and all other basic saving products offer 2.75 percent.
• Additionally, normal call deposit accounts yield up to 0.75 percent per annum.

FIXED DEPOSIT AND FOREIGN CURRENCY RETURNS

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

• For individual normal fixed deposits, a tenure of 3 months to 2 years offers 2.75 percent.
• Individual tenures of above 2 years to 5 years provide 3.50 percent.
• Individual tenures of above 5 years offer the maximum standard fixed return of 4.05 percent.
• Customers opening a Remittance Fixed Deposit or Remittance Savings Deposit will receive an additional 1 percent interest rate over the normal applicable rate for that respective tenure.
• For institutional fixed deposits, the bank offers 2.75 percent for 6 months to 2 years, 3.00 percent for above 2 years to 5 years, and 3.50 percent for tenures above 5 years.
• For foreign currency deposits, standard individual US Dollar accounts pay 3.25 percent for savings and 3.00 percent for fixed deposits.
• Euro accounts pay up to 1.50 percent for savings and 2.00 percent for fixed deposits, while Great Britain Pound accounts provide 2.00 percent for savings and 2.00 percent for fixed deposits.

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, SME, and corporate portfolios:

• For individual term loans, floating options like Housing Loans, Vehicle Loans, Hire Purchase, Flexi Loans, Professional Loans, Future Lease Loans, and Retail Space Loans carry a floating band of Base Rate plus 1.00 percent to 3.00 percent.
• Education Loans carry a floating band of Base Rate plus 2.00 percent to 4.00 percent.
• Fixed interest rate options up to 7 years for individuals provide predictable multi-year tracking, where Housing Loans and Vehicle Loans are fixed at 7.25 percent, while Hire Purchase, Education Loans, Flexi Loans, Future Lease Loans, Retail Space Loans, and Loans against Shares are locked at 8.00 percent. Professional Loans are fixed at 9.00 percent.
• For small and medium enterprise loans, working capital and term loans are priced at a floating band of Base Rate plus 1.00 percent to 3.00 percent, or a fixed rate of 7.00 percent up to 5 years. Corporate floating options include short term demand loans at Base Rate plus up to 2.00 percent.

STRATEGIC MARGIN MANAGEMENT AND TARGETED SOCIAL CONCESSIONS

The latest financial disclosure from Everest Bank Limited establishes its average base rate for Asar 2083, based on the average of the last three months, at 4.38 percent. The specific monthly base rate for Jestha 2083 is recorded at 4.32 percent, while the interest rate spread is maintained at 3.04 percent, reflecting excellent alignment with regulatory limits enforced by Nepal Rastra Bank.

A key highlight of the bank’s updated credit strategy is its strong focus on financial inclusion and relief for vulnerable groups. The bank has declared that a special relaxation of 1 percent in the rate of interest shall be extended to senior citizens, Dalits, Mukta Kamaiyas, Baadis, Haliyas, war victims, single women, and disabled individuals under the Deprived Sector Loan portfolio, helping marginalized communities gain access to affordable institutional credit lines.

Furthermore, loans against liquid assets such as fixed deposit receipts, government bonds, or national saving bonds are offered at up to 2 percent above the respective coupon rate. While interest rates on consortium loans will be determined according to consortium decisions, the bank has set a clear penal interest charge of 2.00 percent for irregular, watch-list, or non-performing accounts. This balanced commercial model allows Everest Bank to lower its overall cost of capital, channel remittance funds efficiently, and drive stable economic development across Nepal.

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