Base rates of all commercial banks in Nepal, Ashwin 2083
The base rate is the minimum lending rate each bank must publish under Nepal Rastra Bank rules. Your loan rate is base rate plus a product premium.
Effective from: Ashwin 2083 · All 20 commercial banks · each rate as published by the bank itself · plain-text version
Lowest
3.83%
Industry average
4.71%
Highest
5.57%
Sasto Karja is a comparison and application platform, not a bank. Rates are sourced from bank publications and Nepal Rastra Bank and may change. Final terms are set by the lender.
Development bank base rates
15 development banks (NRB class B). Their base rates usually run higher than commercial banks', and they lend widely outside the big cities. Each rate is from the bank's own publication, with its month.
| # | Bank | Base rate | Previous | Effective from | Source |
|---|---|---|---|---|---|
| 1 | Excel Development Bank | 4.88% | — | Ashwin 2083 | edb.com.np |
| 2 | Garima Bikas Bank | 5.21% | — | Ashwin 2083 | garimabank.com.np |
| 3 | Lumbini Bikas Bank | 5.36% | — | Ashwin 2083 | lumbinibikasbank.com |
| 4 | Miteri Development Bank | 5.37% | — | Ashwin 2083 | miteribank.com.np |
| 5 | Jyoti Bikas Bank | 5.44% | — | Ashwin 2083 | jbbl.com.np |
| 6 | Kamana Sewa Bikas Bank | 5.44% | — | Ashwin 2083 | kamanasewabank.com |
| 7 | Shine Resunga Development Bank | 5.49% | — | Ashwin 2083 | srdb.com.np |
| 8 | Muktinath Bikas Bank | 5.51% | — | Ashwin 2083 | muktinathbank.com.np |
| 9 | Shangri-la Development Bank | 5.62% | — | Ashwin 2083 | shangrilabank.com |
| 10 | Mahalaxmi Bikas Bank | 5.73% | — | Ashwin 2083 | mahalaxmibank.com |
| 11 | Saptakoshi Development Bank | 5.83% | — | Bhadra 2083 | skdbl.com.np |
| 12 | Green Development Bank | 6.03% | — | Ashwin 2083 | greenbank.com.np |
| 13 | Sindhu Bikas Bank | 7.3% | — | Ashwin 2083 | sindhubank.com.np |
| 14 | Corporate Development Bank | 7.42% | — | Ashwin 2083 | corporatebank.com.np |
| 15 | Salapa Bikas Bank | 9.14% | — | Ashwin 2083 | salapabikasbank.com.np |
Not shown: Karnali Development Bank, which has published no base rate since Kartik 2081 and is under management appointed by Nepal Rastra Bank; and Narayani Development Bank, whose published base rate (10.80% for Shrawan 2083) is higher than its own published loan rates, so we are not repeating it until it is corrected.
History
Trend
Use this data
Every Nepali commercial bank's monthly base rate, with sources, refreshed each month. Free to reuse with credit (CC BY 4.0) — cite it in reporting, blogs or research.
How to cite
Sasto Karja — Nepal bank base rates (Ashwin 2083). https://sastokarja.com/en/base-rates. CC BY 4.0.Please include a link back to sastokarja.com.
What is the base rate?+
Every month each bank calculates its base rate from its cost of funds, operating cost and a return on assets, per NRB's base rate directive. Banks then add a premium per product. When the base rate falls, floating loan rates fall the next quarter.
How often does the base rate change?+
Banks publish a new base rate every month. Your floating loan rate, however, usually adjusts only quarterly.
Which bank has the lowest base rate?+
In Ashwin 2083, Rastriya Banijya Bank has the lowest base rate at 3.83%.