Kumari Bank Limited Announces New Deposit And Loan Interest Rates Effective From Shrawan 1 2083

16th July 2026, Kathmandu

Kumari Bank Limited has officially disclosed its updated financial pricing structure across all domestic and foreign currency deposit accounts along with its retail and corporate lending portfolios.

Kumari Bank Announces New Interest Rates

According to the notice issued by the bank management, the freshly calibrated interest rates will formally come into operational effect from Shrawan 1, 2083, which corresponds to July 17, 2026. The comprehensive revision outlines explicit returns for retail savers, corporate depositors, digital banking users, and various credit applicants.

Key Highlights Of Kumari Bank Local Currency Savings Portfolio

The domestic currency savings platform has been strategically adjusted to incentivize formal remittance inflows, long term financial planning, and the adoption of digital transaction systems. The interest yields for different local currency saving channels are structured as follows:

• The premier return of 4.31 percent per annum is offered through the Hereko Herai Remit Bachat Khata, which is designed to provide optimal yields for formal remittance money flowing into the country.
• A competitive yield of 3.91 percent per annum is designated for the Kumari Remit Premium Saving Account.
• A specialized yield of 3.31 percent per annum applies to the Green Savings Deposit Account, encouraging sustainable and environmentally friendly banking initiatives.
• A yield of 2.91 percent per annum is provided across multiple account types, including the Kumari Remit IPO Saving Account, Chhori Bachat Khata, and Kumari Silver Saving Khata.
• A baseline interest rate of 2.75 percent per annum serves as the standard return for all other traditional saving products managed by the bank.
• For local currency call accounts, the interest yield is capped up to 0.81 percent per annum.

Digital Banking Incentives For Local Currency Savings

Kumari Bank Limited has integrated distinct financial benefits for clients who utilize its proprietary mobile banking app, Kumari Smart, to perform banking transactions. Depositors can access marginally higher rates on select traditional saving accounts when managing them via the digital application:

• The standard saving baseline moves up slightly to 2.80 percent per annum for accounts processed through the mobile platform.
• Certain saving product yields are boosted up to 2.83 percent per annum when managed entirely on Kumari Smart.
• Specialized digital saving products can reach a top tier of 3.55 percent per annum or up to 3.85 percent per annum when utilizing the advanced functionalities of the mobile application.

Domestic Fixed Asset And Recurring Deposit Options

Maturity timelines for Nepalese Rupee individual fixed investments, recurring deposits, and institutional funds have been structured to ensure balanced portfolio management:

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• Individual Fixed Deposits placed in person earn 2.75 percent per annum for tenures spanning from 3 months to below 1 year.
• Individual Fixed Deposits placed via the Kumari Smart mobile application for tenures from 3 months to below 1 year receive a higher yield of 2.83 percent per annum.
• Individual Fixed Deposits lasting from 1 year to below 2 years pay a standard rate of 2.75 percent per annum.
• Long term individual fixed investments stretching for 2 years and above yield a flat 3.01 percent per annum.
• The Fixed Deposit Plus and Recurring Deposit options, which require commitments ranging from 1 year to 5 years, provide a steady return of 2.75 percent per annum for individual financial planners.
• Institutional Fixed Deposits are set at 2.75 percent per annum for short to mid term placements lasting from 6 months up to below 4 years.
• Institutional Fixed Deposits locked for long horizons extending 4 years and above earn an elevated return of 2.83 percent per annum.

Foreign Currency Deposit Return Structure

The bank maintains multi tier interest rate systems for international currency holdings across US Dollar, Euro, Great Britain Pound, Australian Dollar, Canadian Dollar, Japanese Yen, and Chinese Yuan denominations. The exact distributions for savings, calls, and fixed assets are detailed as follows:

• US Dollar portfolios offer 1.105 percent per annum for call placements, 2.21 percent per annum for savings lines, and 3.26 percent per annum for fixed terms.
• Euro accounts provide 0.750 percent per annum for call lines, 1.50 percent per annum for savings products, and 2.00 percent per annum for fixed assets.
• Great Britain Pound deposits pay 1.000 percent per annum for call options, 2.00 percent per annum for savings accounts, and 2.50 percent per annum for fixed terms.
• Australian Dollar funds offer 1.250 percent per annum for call placements, 2.50 percent per annum for savings holdings, and 3.00 percent per annum for fixed investments.
• Canadian Dollar lines deliver 1.000 percent per annum for call lines, 2.00 percent per annum for savings lines, and 2.50 percent per annum for fixed assets.
• Japanese Yen holdings carry 0.125 percent per annum for call deposits, 0.25 percent per annum for standard savings, and 0.50 percent per annum for fixed terms.
• Chinese Yuan assets pay 1.000 percent per annum for call setups, 2.00 percent per annum for saving instruments, and 3.00 percent per annum for fixed placements.
• All other foreign currency deposit options and specialized Non Resident Nepali foreign currency fixed accounts are made available directly upon customer request.

Variable Premium Rates On Loans and Advances

• Lending setups at Kumari Bank Limited are calculated using a variable premium structure layered on top of the institutional base rate. The bank single base rate for Jestha 2083 is officially established at 5.18 percent per annum, and the net interest spread for the same period is recorded at 3.09 percent.
• The floating premium additions applied over the base rate are grouped according to industrial sectors, security classes, and consumer loan risk profiles:
• Corporate loans, agriculture loans, and productive Micro Small and Medium Enterprises or Small and Medium Enterprises as defined by central bank guidelines carry a low premium of up to 2.00 percent over the base rate.
• Non productive MSME and SME operations requiring fluctuating working capital lines are charged a premium ranging from 1.00 percent to 3.00 percent over the base rate.
• Non productive MSME and SME groups taking permanent working capital loans or general fixed term loans are subject to a premium of 1.50 percent to 3.50 percent over the base rate.
• Deprived sector loans qualifying under the central bank mandate feature a maximum premium addition of up to 2.00 percent over the base rate.
• Retail home loans require a premium addition ranging from 1.00 percent to 3.00 percent over the base rate.
• Personal term loans, auto loans for private use, hire purchase financing for commercial operations, and generic corporate loans carry an identical premium spread ranging from 1.50 percent to 3.50 percent over the base rate.
• Personal overdraft loans and real estate development advances carry a premium addition ranging from 3.00 percent to 4.00 percent over the base rate.
• Margin lending lines of credit secured by capital market instruments involve a premium range between 2.00 percent to 4.00 percent over the base rate.
• Professional loans and other generalized retail credit lines add a premium ranging from 3.00 percent to 4.00 percent over the base rate.
• Education financing lines carry a premium ranging from 2.50 percent to 4.00 percent over the base rate.
• Credit lines for corporate entities seeking other specialized funding involve a premium addition ranging from 1.00 percent to 2.75 percent over the base rate.
• Loans secured by first class bank guarantees carry a premium addition of up to 2.00 percent over the base rate.

Financing lines backed by the bank own fixed deposit receipts or government securities carry a final rate equivalent to the original asset coupon rate or the regular active base rate plus 1.00 percent, whichever calculation yields the higher figure. A special 0.25 percent premium discount is automatically granted if the loan application against the fixed deposit receipt is processed digitally through Kumari Smart.

Foreign currency denominated loans and foreign currency trust receipt loans are custom priced and remain available to qualified trade clients directly upon request.

Predictable Fixed Interest Rate Options For Individual Borrowers

To insulate individual retail borrowers and small businesses from seasonal market pricing fluctuations, Kumari Bank Limited offers highly predictable, multi year fixed interest rate contracts across primary consumer loan lines:

• Individual home loans are locked at a flat fixed rate of 6.49 percent per annum for any tenure extending up to 7 years.
• Individual auto loans or vehicle hire purchase agreements feature a fixed interest rate of 6.99 percent per annum for terms up to 5 years.
• Other individual mortgage term loans carry a fixed interest pricing of 7.49 percent per annum for tenures lasting up to 7 years.
• Small and Medium Enterprises as well as Micro Small and Medium Enterprises can secure commercial term loans at a fixed rate of 6.99 percent per annum for up to 7 years.
• Margin lending products can be locked at a flat fixed rate of 6.99 percent per annum.

Essential Terms, Conditions, And Operational Guidelines

The bank notice details multiple structural rules governing the administration of deposit accounts and the processing of formal credit facilities:

• The specific terms, regulatory compliance structures, and operational processing criteria for savings accounts, fixed deposit assets, and loans backed by fixed deposit receipts remain fully subject to the internal by laws of Kumari Bank Limited.
• Financing solutions structured under consortium or co financing agreements are priced exclusively in accordance with the decisions made during formal consortium bank meetings.
• For all regulated loans, the premium margins are applied strictly within the limits prescribed by the latest circulars issued by Nepal Rastra Bank.
• Remittance fixed deposit lines are eligible for an additional 1.00 percent premium yield over the published base rates, provided that the account holder submits mandatory formal documentation verifying the origin of the inward remittance funds.
• If a client fails to deposit the regular mandatory installment amount into a recurring fixed deposit account, the bank will automatically cancel the recurring arrangement, transfer the accumulated money into a standard saving account, and apply the generic saving interest rate from that date onward.
• Bidding on foreign currency deposits will lead to interest rate variations based on the established international benchmark rate for the respective global currency.
• Bidding for local currency call deposit assets remains fully subject to the relevant directives and mandatory guidelines issued by Nepal Rastra Bank.
• Balance transfers from a standard current account to an automated call account are permitted exclusively in round multiples of 100000 Nepalese Rupees.
• Individual fixed deposits require a minimum placement tenure of 3 months or above, whereas institutional fixed deposit placements require a minimum baseline tenure of 6 months or above.

For More: Kumari Bank Announces New Interest Rates