Nepal SBI Bank Personal Loan interest rate 2083
Nepal SBI Bank's personal loan is priced at 6.1%–8.1% effective in Bhadra 2083: a 5.1% base rate plus a 1%–3% premium. That ranks 2nd cheapest of the 13 commercial banks we track for this product. On Rs. 10 Lakh over 60 months the EMI is about Rs. 19,379, plus a 1% processing fee.
- Effective rate
- 6.1% – 8.1%
- Base rate
- 5.1%
- Premium
- 1% – 3%
- Processing fee
- 1%
- Maximum tenure
- 60 months
- Rank by rate
- 2 / 13
- Rates effective
- Bhadra 2083
Effective from: 1 Bhadra 2083Source: nsbl.statebank/interest-rates-loans
Nepal SBI Bank Personal Loan: effective rate 6.1%, EMI from Rs. 19,379 per month. Compare with 12 other banks.
Rate breakdown
Base rate
5.1%
Premium
1%–3%
Effective rate
6.1%–8.1%
Fixed
Not published
- Processing fee
- 1% (Min Rs. 1,000)
- Prepayment penalty
- 1.86%
- 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 SBI Bank Personal Loan FAQ
What is Nepal SBI Bank's current Personal Loan interest rate?+
Nepal SBI Bank's Personal Loan floating rate is base rate 5.1% plus a premium of 1% to 3%, giving 6.1% to 8.1% effective from Bhadra 2083.
What is the EMI on a Rs. 10 Lakh Personal Loan from Nepal SBI Bank?+
At 6.1% over 60 months, the EMI is roughly Rs. 19,379. Use the calculator above to change the amount or tenure.
Can I prepay a Nepal SBI Bank Personal Loan?+
Yes. The published prepayment charge is 1.86% of the outstanding balance. Confirm with the branch, as some banks waive it after a minimum period.
