Nepal SBI Bank Consumer & EMI Loan interest rate 2083
Nepal SBI Bank Consumer & EMI Loan: effective rate 11.55%, EMI from Rs. 17,728 per month. Compare with 19 other banks.
#5 / 20 banksAwaiting verificationEffective from 1 Bhadra 2083
Rate breakdown
Base rate
6.12%
Premium
5.43%–6.85%
Effective rate
11.55%–12.97%
Fixed
Not offered
- 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 SBI Bank Consumer & EMI Loan FAQ
What is Nepal SBI Bank's current Consumer & EMI Loan interest rate?+
Nepal SBI Bank's Consumer & EMI Loan floating rate is base rate 6.12% plus a premium of 5.43% to 6.85%, giving 11.55% to 12.97% effective from Bhadra 2083.
What is the EMI on a Rs. 2 Lakh Consumer & EMI Loan from Nepal SBI Bank?+
At 11.55% over 12 months, the EMI is roughly Rs. 17,728. Use the calculator above to change the amount or tenure.
Can I prepay a Nepal SBI Bank 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.