Nepal Bank Limited Consumer & EMI Loan interest rate 2083
Nepal Bank Limited Consumer & EMI Loan: effective rate 11.74%, EMI from Rs. 17,745 per month. Compare with 19 other banks.
#6 / 20 banksAwaiting verificationEffective from 1 Bhadra 2083
Rate breakdown
Base rate
6.23%
Premium
5.51%–6.93%
Effective rate
11.74%–13.16%
Fixed
13.24%–15.16%
- Processing fee
- 1.5% (Min Rs. 500)
- Prepayment penalty
- 0%
- Loan amount
- Rs. 20 K – Rs. 10 Lakh
- Tenure
- 6 – 36 months
- Max financing
- 8%
- Age
- 21 – 65 years
Highlights
- Phones, laptops, appliances
- 0% EMI on partner brands
- Approval in 24 hours
Who is eligible
Citizenship and 3 months bank statement. Some retailers need only citizenship.
Documents you will need
- Citizenship certificate (copy)
- 2 passport-size photos
- Latest 6 months bank statement
- PAN card
- Product quotation or invoice
Nepal Bank Limited Consumer & EMI Loan FAQ
What is Nepal Bank Limited's current Consumer & EMI Loan interest rate?+
Nepal Bank Limited's Consumer & EMI Loan floating rate is base rate 6.23% plus a premium of 5.51% to 6.93%, giving 11.74% to 13.16% effective from Bhadra 2083.
What is the EMI on a Rs. 2 Lakh Consumer & EMI Loan from Nepal Bank Limited?+
At 11.74% over 12 months, the EMI is roughly Rs. 17,745. Use the calculator above to change the amount or tenure.
Can I prepay a Nepal Bank Limited Consumer & EMI Loan?+
Yes. The published prepayment charge is 0% of the outstanding balance. Confirm with the branch, as some banks waive it after a minimum period.