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

16th July 2026, Kathmandu

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

MBBL Announces Interest Rate

The updated rate schedule covers an expansive range of savings portfolios, multi-tenure fixed deposits, recurring 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 MAHALAXMI BIKAS BANK INTEREST REVISION

The shifting financial dynamics reflect structured asset liability management within the development 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 ACCOUNT CONFIGURATIONS

Mahalaxmi Bikas Bank Limited has updated returns for local currency savers, with most options featuring a quarterly interest payment frequency. The yields and minimum balance parameters for individual savings schemes are defined below:

• Mahalaxmi Remittance Bachat offers a yield of 3.75 percent per annum with a minimum balance of 100 NPR.
• Mahalaxmi Sambridhhi Bachat, Mahalaxmi Karmachari Bachat Khata, Mahalaxmi Grihalaxmi Bachat, Mahalaxmi Student Saving Account, Mahalaxmi Jestha Nagarik Bachat, and Mahalaxmi Baal Bachat Khata require a minimum balance of 100 NPR and yield 2.75 percent per annum.
• Staff Salary Account, Mahalaxmi Dollar Account Saving Fixed, Mahalaxmi Investor’s Share Saving Account All in One, Mahalaxmi Bhukampa Pidit Account, Mahalaxmi Samajik Surakshya Account, and Mahalaxmi Online Saving carry a zero minimum balance requirement and provide a 2.75 percent annual yield.
• Margin Locker Account requires a minimum balance of 1,000 NPR and offers 2.75 percent per annum.
• Mahalaxmi Normal Saving Account requires a minimum balance of 51 NPR and yields 2.75 percent per annum.
• Mahalaxmi PMS Khata yields 2.75 percent per annum with a monthly interest payment frequency.

Additionally, recurring deposits under the Mahalaxmi Kramik Bachat Khata and Mahalaxmi Baal Bachat Recurring Deposit Account offer an annual interest rate of 2.90 percent.

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DOMESTIC FIXED DEPOSIT BRACKETS

The bank has structured explicit maturity timelines for individual and institutional fixed deposit products, with a rule that the minimum fixed deposit amount must be at least 10,000 NPR and the maturity period cannot exceed 10 years:

• For individual fixed deposits opened in person, a tenure of 1 year to below 2 years offers 2.90 percent, 2 years to below 3 years offers 3.40 percent, 3 years to below 5 years offers 3.90 percent, and tenures of 5 years and above offer a maximum return of 4.85 percent.
• Individual fixed deposits opened digitally through the Mahalaxmi Smart Sathi Mobile App receive a premium incentive, yielding 3.00 percent for 1 year to below 2 years, 3.50 percent for 2 years to below 3 years, and 4.00 percent for 3 years to below 5 years.
• For non-individual institutional fixed deposits, the bank offers 2.75 percent for 1 year to below 2 years, 2.90 percent for 2 years to below 3 years, 3.40 percent for 3 years to below 5 years, and 4.70 percent for tenures of 5 years and above.

Fixed deposits for Akshaya Kosh are listed as negotiable with a quarterly payment frequency.

LOANS AND ADVANCES PRICING PLANS

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

• The majority of general floating rate credit lines carry a maximum premium of Base Rate plus up to 3.75 percent per annum. This extensive list includes Business OD, Industrial OD, Working Capital, Short Term Loans, Business and Industrial Term Loans, Mahalaxmi Udhyamshil Karja, Auto Loans, Hire Purchase Loans, Education Loans, Home Loans, Gold and Silver Loans, Loans Against Shares, Individual Deprived Sector Loans, Agriculture Loans, Personal Loans, and Home Equity Loans.
• Loans against the bank’s own fixed deposits as well as loans against government or NRB securities are priced cleanly at the asset’s coupon rate plus 2 percent.
• Institutional Deprived Sector Loans are classified as negotiable, while consortium lending setups will be determined entirely as per consortium decisions.

STRATEGIC MARGIN MANAGEMENT AND SPECIAL FIXED LENDING SCHEMES

The latest financial publication from Mahalaxmi Bikas Bank Limited establishes its average base rate at 5.69 percent. The specific monthly base rate for Jestha 2083 is recorded at 5.63 percent, while the interest rate spread is maintained at 4.18 percent, reflecting excellent operational alignment with the regulatory boundaries enforced by Nepal Rastra Bank.

A primary highlight of the bank’s updated credit strategy is the rollout of predictable fixed rate lending tracks aimed at sustainable consumer development and enterprise growth. The bank has declared a fixed interest rate of 6.49 percent for its Green Home Loan portfolio, locked in for an initial tenure of 7 years. Similarly, private Green Auto Loans up to 5 years of tenure are fixed at 6.49 percent per annum. For small scale corporate entities, the bank introduces an SME Revolving Loan facility with an enticing fixed rate of 5.99 percent per annum.

By defining explicit floating parameters alongside highly competitive fixed retail tracks, the bank balances commercial risk mitigation with consumer accessibility. Customers availing personal term loans with a tenure above 1 year are granted the flexibility to choose between fixed and floating structures. The baseline institutional funding rate remains securely managed, allowing the bank to channel local resource pools into reliable credit expansion while providing high tech banking options across its entire network in Nepal.

MBBL Announces Interest Rate

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