Thursday February 2, 2023
वि.सं २०७९ माघ १९ बिहिबार
Global Alliance for Banking on Values European Microfinance Award
Np

Interest Rate

Effective Date (2079/10/01)

INTEREST RATE ON DEPOSIT

PRODUCT INFO PRODUCT INTEREST RATE(PER ANNUM) PAYMENT ON MINIMUM BALANCE
{{normal-saving-account}}-{{7.00;7.00;NRs. 500;Quaterly Basis}}-{{yes}} 1. Normal Saving 7.00% Quarterly Basis Rs. 500
{{muktinath-premium-bachat}}-{{7.00;7.00;NRs. 1000;Quaterly Basis}}-{{yes}} 2. Muktinath Premium Bachat 7.00% Quarterly Basis Rs. 1,000
{{muktinath-ashirwad-bachat-khata-gold}}-{{9.00;9.00;NRs. 50000;Quaterly Basis}}-{{yes}} 3.Muktinath Aashirwad Bachat(Gold) 9.00% Quarterly Basis Rs. 50,000
{{muktinath-ashirwad-bachat-khata-platinum}}-{{9.00;9.00;NRs. 100000;Quaterly Basis}}-{{yes}} 4.Muktinath Aashirwad Bachat(Platinum) 9.00% Quarterly Basis Rs. 1,00,000
{{muktinath-sarvotkrishta-bachat-khata}}-{{8.50;8.50;NRs. 10000;Monthly Basis}}-{{yes}} 5.Muktinath Sarvotkrishta Bachat Khata 8.50% Monthly Basis Rs. 10,000
{{muktinath-super-premium-saving-account}}-{{7.00;7.00;NRs. 5000;Quaterly Basis}}-{{yes}} 6. Muktinath Super Premium Bachat 7.00% Quarterly Basis Rs. 5,000
{{muktinath-sambriddhi-bachat-khata}}-{{7.00;7.00;NRs. 100;Monthly Basis}}-{{yes}} 7. Muktinath Sambriddhi Bachat Khata 7.00% Monthly Basis Rs. 100
{{muktinath-sambriddhi-remit-ipo-bachat-khata}}-{{8.00;8.00;NRs. 100;Monthly Basis}}-{{yes}} 8.Muktinath Sambriddhi Remit IPO Bachat Khata 8.00% Monthly Basis Rs.100
{{muktinath-utkrishta-bachat-khata}}-{{7.35;7.35;NRs. 10000;Monthly Basis}}-{{yes}} 9.Muktinath Utkrishta Bachat Khata 7.35% Monthly Basis Rs. 10,000
  10.Muktinath Karmachari Surakshya Bachat Khata 8.00% Quarterly Basis Rs.1000
{{karmachari-bachat}}-{{7.00;7.00;Nrs. 100;Quaterly Basis}}-{{yes}} 11. Karmachari Bachat 7.00% Quarterly Basis -
{{aatmanirbhar-bachat-khata}}-{{7.00;7.00;Nrs. 0;Quaterly Basis}}-{{yes}} 12. Aatmanirbhar Bachat Khata 7.00% Quarterly Basis -
  13.Current Account - - Rs. 5,000
  14.Current Account Other * - - Rs. 1,000
{{mahila-pewa-bachat-khata}}-{{7.00;7.00;Nrs. 500;Quaterly Basis}}-{{yes}} 15.Mahila Pewa Bachat 7.00% Quarterly Basis Rs. 500
{{sunaulo-bal-bachat-khata}}-{{7.00;7.00;Nrs. 0;Quaterly Basis}}-{{yes}} 16.Sunaulo Bal Shichha Bachat 7.00% Quarterly Basis -
  17. Baidesik Rojgar Bachat 7.00% Quarterly Basis Rs. 500
  18. Micro Personal Saving 7.00% Quarterly Basis Rs. 100
  19. Other Micro Savings 7.00% Quarterly Basis Rs. 100
{{sharedhani-bachat-khata}}-{{7.00;7.00;Nrs. 100;Quaterly Basis}}-{{yes}} 20. Sharedhani Bachat Khata 7.00% Quarterly Basis Rs. 100
  21. Beema Bachat 7.00% Quarterly Basis Rs. 100
  22. Provident Fund Account 7.00% Quarterly Basis -
  23. Samajik Surakchha Bhatta Khata 7.00% Quarterly Basis -
{{sajilo-bachat-khata}}-{{7.00;7.00;Nrs. 0;Quaterly Basis}}-{{yes}} 24. Sajilo Bachat 7.00% Quarterly Basis -
{{mero-pahilo-bachat-khata}}-{{7.00;7.00;Nrs. 0;Quaterly Basis}}-{{yes}} 25. Mero Pahilo Bachat Khata 7.00% Quarterly Basis -
  26. Muktinath PMS Khata 7.00% Quarterly Basis -
  27.Jeevan Bardaan Bachat Khata 7.00% Monthly Basis Rs. 5,000
  28.Muktinath Myadi Bachat Khata 8.00% Quarterly Basis -
  29.Muktinath Krishak Bachat Khata 7.35% Monthly Basis Rs. 100
  30. Byaktigat Upalabdhi Khata  7.00% Quarterly Basis -
  31.Sansthagat Upalabdhi Khata As per NRB Directive Quarterly Basis -
  32. FCY Deposit ($,£,€,AUD) Up to 4.00% Quarterly Basis  10
  33.Call Depost Account As per NRB Directive Quarterly Basis -

 

FIXED DEPOSIT 

Product  Interest Rate(Per Annum) Payment Frequency Minimum Balance
1. Individual Fixed Deposit Product   
3 Months to 5 Years 12.00% Monthly/Quarterly  Rs. 5,000
5 Years and above Negotiable Monthly/Quarterly Rs. 5,000
Muktinath Remittance Fixed Deposit (Upto 1 Year only) 13.00% Monthly/Quarterly Rs. 5,000
Muktinath Pension Scheme 12.00% Monthly/Quarterly Rs. 50
Recurring Deposit(Upto 5 Years only) 12.00% Quarterly Min. Rs. 500 to Max. Rs.20,000
2. Institutional Fixed Deposit Product
3 Months to 5 Years 10.00% Monthly/Quarterly Rs. 5,000
5 Years and above Negotiable Monthly/Quarterly Rs. 5,000
3. Akshaya Kosh Negotiable Monthly/Quarterly Rs. 5,000

Note: Additional 0.50% interest rate can be provided for institutional FD(on bidding basis only).


LOAN AND ADVANCE

A.Loan with Floating Interest Rates

PRODUCT FLOATING INTEREST BAND
1. Business Loan Base Rate + Premium up to 7.00%
2. Agriculture Loan Base Rate + Premium up to 7.00%
3. Home Loan (new construction & purchase) Base Rate + Premium up to 7.00%
4. Home Equity Loan Base Rate + Premium up to 7.00%
5. Auto Loan Base Rate + Premium up to 7.00%
6. Hirepurchase Loan(new) Base Rate + Premium up to 7.00%
7. Hirepurchase Loan(old) Base Rate + Premium up to 7.00%
8. Real Estate Loan Base Rate + Premium up to 7.00%
9. Personal Loan Base Rate + Premium up to 7.00%
10.Share Loan Base Rate + Premium up to 7.00%
11.Mortgage Loan  Base Rate + Premium up to 7.00%
12.Professional Loan Base Rate + Premium up to 7.00%
13. Muktinath Sulav Byawasaya Karja Base Rate + Premium up to 7.00%
14. Consumer Loan Base Rate + Premium up to 7.00%
15. Gold Loan Base Rate + Premium up to 7.00%
16. Other Loans Base Rate + Premium up to 7.00%
17. Small & Micro Credit (Retail) Base Rate + Premium up to 7.00%
18. Small & Micro Credit (wholesale) Base Rate + Premium up to 7.00%
19. Small & Micro Credit (D Class) Base Rate + Premium up to 2.00%
20. Loan Against Fixed Deposit (upto 90.00%) Coupon Rate Plus 2.00% or Base Rate whichever is higher

B.Fixed Interest Rate for Term Loan of Individual above 1 Year 

B.1. For  Normal Individual Term Loan              Interest Rate Per Annum
SN Time Period Minimum Rate Maximum rate
1 Up to 5 Years Base Rate of immediate previous month up to 16.00%
2 More than 5 Years up to 10 Years up to 16.25%
3 More than 10 Years up to 16.50%
B.2. For  Inlcusive Banking Individual Term Loan:     Base Rate of immediate previous month up to 17.00%
Base Rate as of Kartik, 2079 12.56%

 

C. Other Information

i. The fixed interest rate for individual term loan of above 1 year shall remain unchanged for the entire tenure of the loan.

ii. The fixed interest rate on loans and advances shall be fixed based on internal assessment of the Bank.

iii. Interest rate applicable on forced loan may vary with risk premium from the published rate.

iv. Interest rate in consortium financing shall be as decided by consortium.

v. Interest rate in NPA accounts may vary from the published rate.

vi. Penal interest of plus 2.00% per annum will be applied on overdue amount.