13 banks compared · Shrawan 2083
Personal loan interest rates in Nepal
No collateral for salaried borrowers. Money in 3 to 7 days.
Also searched as: byaktigat karja · व्यक्तिगत कर्जा · salary loan
The cheapest personal loan in Nepal in Shrawan 2083 is Laxmi Sunrise Bank at 5.94% effective, made up of a 4.94% base rate plus a 1% premium. Effective rates across 13 commercial banks range from 5.94% to 9.86%. Each rate is the bank's own published Shrawan 2083 rate; floating rates reset when the base rate changes.
- Lowest effective rate
- 5.94% · Laxmi Sunrise Bank
- Effective rate range
- 5.94% – 9.86%
- Banks compared
- 13
- Maximum tenure
- 60 months
- Rates effective
- Shrawan 2083
Effective from: Shrawan 2083Source: Laxmi Sunrise Bank
In Shrawan 2083, personal loan effective rates across 13 commercial banks in Nepal range from 5.94% to 9.86%. The table below shows each bank's base rate, premium, processing fee and your monthly EMI for the amount you enter, cheapest first.
13 offers from 13 banks · Select up to 4 to compare side by side
| Bank | Effective rate | Monthly EMI | Processing fee | Total cost | Max financing | Effective from | ||
|---|---|---|---|---|---|---|---|---|
 Laxmi Sunrise Bank CheapestVerifiedFixed option 7.49%–10.99% | 5.94%up to 7.94%4.94% + 1% | Rs. 15,197 | 1%Rs. 5,000 | Rs. 52.1 KTotal interest Rs. 47.1 K | — | Shrawan 2083 | ||
Nepal SBI Bank Verified | 6.1%up to 8.1%5.1% + 1% | Rs. 15,234 | 1%Rs. 5,000 | Rs. 53.4 KTotal interest Rs. 48.4 K | — | Bhadra 2083 | ||
 Kumari Bank Verified | 6.34%up to 8.34%4.84% + 1.5% | Rs. 15,288 | 1%Rs. 5,000 | Rs. 55.4 KTotal interest Rs. 50.4 K | — | Bhadra 2083 | ||
 Rastriya Banijya Bank VerifiedFixed option 8%–8.5% | 6.58%up to 6.83%3.83% + 2.75% | Rs. 15,343 | 1%Rs. 5,000 | Rs. 57.3 KTotal interest Rs. 52.3 K | — | Shrawan 2083 | ||
 Sanima Bank Verified | 6.69%up to 8.14%4.64% + 2.05% | Rs. 15,368 | 1%Rs. 5,000 | Rs. 58.2 KTotal interest Rs. 53.2 K | — | Bhadra 2083 | ||
 Nepal Bank Limited VerifiedFixed option 8.5%–8.99% | 6.87%up to 8.37%4.37% + 2.5% | Rs. 15,409 | 1%Rs. 5,000 | Rs. 59.7 KTotal interest Rs. 54.7 K | — | Bhadra 2083 | ||
 NMB Bank Verified | 6.95%up to 8.95%4.95% + 2% | Rs. 15,427 | 1%Rs. 5,000 | Rs. 60.4 KTotal interest Rs. 55.4 K | — | Bhadra 2083 | ||
 Prabhu Bank Verified | 6.98%up to 8.98%4.98% + 2% | Rs. 15,434 | 1%Rs. 5,000 | Rs. 60.6 KTotal interest Rs. 55.6 K | — | Bhadra 2083 | ||
 Agricultural Development Bank VerifiedFixed option 10.65% | 7.55%4.55% + 3% | Rs. 15,565 | 1%Rs. 5,000 | Rs. 65.3 KTotal interest Rs. 60.3 K | — | Bhadra 2083 | ||
 Nabil Bank Verified | 7.96%up to 8.46%4.46% + 3.5% | Rs. 15,659 | 1%Rs. 5,000 | Rs. 68.7 KTotal interest Rs. 63.7 K | — | Bhadra 2083 | ||
 Standard Chartered Bank Nepal VerifiedFixed option 9.25% | 8.12%up to 8.62%4.12% + 4% | Rs. 15,696 | 1%Rs. 5,000 | Rs. 70.1 KTotal interest Rs. 65.1 K | — | Bhadra 2083 | ||
 Machhapuchchhre Bank Verified | 8.96%4.96% + 4% | Rs. 15,891 | 1%Rs. 5,000 | Rs. 77.1 KTotal interest Rs. 72.1 K | — | Bhadra 2083 | ||
 Prime Commercial Bank Verified | 9.86%4.86% + 5% | Rs. 16,101 | 1%Rs. 5,000 | Rs. 84.6 KTotal interest Rs. 79.6 K | — | Bhadra 2083 |
Rates shown are base rate plus the bank's published premium. Fixed-rate options are listed where the bank offers them. · Effective from Shrawan 2083
Every bank offering a personal loan
13 commercial banks, ordered cheapest first on Shrawan 2083 rates.
Personal Loan FAQ
Which bank has the cheapest personal loan in Nepal?+
On our latest data, Laxmi Sunrise Bank has the lowest effective rate at 5.94%. Rates are base rate plus premium and can change monthly.
What is the EMI on a personal loan?+
At 5.94%, the EMI on a typical amount is roughly Rs. 19,305. Enter your own amount and tenure in the table above to see every bank's EMI.
Do I need collateral for a personal loan?+
Usually not if you are salaried; a salary account with the bank and an employer letter suffice. Self-employed borrowers may be asked for collateral or a guarantor.
How fast is disbursement?+
Three to seven working days once documents are complete.
Can I get a loan against my salary?+
Yes. Most personal loans in Nepal are salary loans: the bank lends against a salary paid into an account with it and takes the EMI from that account. Some banks publish them as named products, such as NMB's Talab Karja and Machhapuchchhre's Salary Package Loan.
Can I get a personal loan without a salary?+
Self-employed and business borrowers can, but the bank will want other proof of income, such as tax returns or bank statements, and usually collateral or a guarantor.
Is there an urgent loan without documents?+
Not from a licensed bank. Every bank must verify your identity and income before it lends. Offers of instant loans with no documents usually come from unlicensed lenders, so check the lender is on Nepal Rastra Bank's list of licensed institutions. If you need money quickly and own gold, a gold loan is often the fastest legitimate route.
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No collateral for salaried borrowers. Money in 3 to 7 days.
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