Nepal Bank Limited Personal Loan interest rate 2083
Nepal Bank Limited's personal loan is priced at 6.87%–8.37% effective in Bhadra 2083: a 4.37% base rate plus a 2.5%–4% premium. That ranks 6th cheapest of the 13 commercial banks we track for this product. On Rs. 10 Lakh over 60 months the EMI is about Rs. 19,740, plus a 1% processing fee.
- Effective rate
- 6.87% – 8.37%
- Base rate
- 4.37%
- Premium
- 2.5% – 4%
- Processing fee
- 1%
- Maximum tenure
- 60 months
- Rank by rate
- 6 / 13
- Rates effective
- Bhadra 2083
Effective from: 1 Bhadra 2083Source: www.nepalbank.com.np/interest-rate/interest-rate-on-loans-advances-floating-rate
Nepal Bank Limited Personal Loan: effective rate 6.87%, EMI from Rs. 19,740 per month. Compare with 12 other banks.
Rate breakdown
Base rate
4.37%
Premium
2.5%–4%
Effective rate
6.87%–8.37%
Fixed
8.5%–8.99%
- Processing fee
- 1% (Min Rs. 1,000)
- Prepayment penalty
- 1.49%
- Fixed-rate terms
- 8.50% for 5 years · 8.99% for 10 years
- Loan amount
- Rs. 1 Lakh – Rs. 50 Lakh
- Tenure
- 12 – 60 months
- Max financing
- —
- Age
- 21 – 65 years
Highlights
- No collateral for salaried
- Disbursement in 3 to 7 days
- Flexible use
Who is eligible
Salary account with the bank or salary certificate from a registered employer required.
Documents you will need
- Citizenship certificate (copy)
- 2 passport-size photos
- Latest 6 months bank statement
- PAN card
Nepal Bank Limited Personal Loan FAQ
What is Nepal Bank Limited's current Personal Loan interest rate?+
Nepal Bank Limited's Personal Loan floating rate is base rate 4.37% plus a premium of 2.5% to 4%, giving 6.87% to 8.37% effective from Bhadra 2083.
What is the EMI on a Rs. 10 Lakh Personal Loan from Nepal Bank Limited?+
At 6.87% over 60 months, the EMI is roughly Rs. 19,740. Use the calculator above to change the amount or tenure.
Can I prepay a Nepal Bank Limited Personal Loan?+
Yes. The published prepayment charge is 1.49% of the outstanding balance. Confirm with the branch, as some banks waive it after a minimum period.
