Interest Rates for Falgun Remain Stable: 2 Banks Reduce Rates

Nepal’s commercial banks have published interest rates for Falgun, with most banks maintaining the same rates as in Magh.

Out of 20 commercial banks, 18 have kept their interest rates unchanged, keeping the average interest rate stable. However, two banks have reduced their maximum interest rates on individual fixed deposits.

Average Interest Rate (Individual Fixed Deposit)

• Magh: 6.001%

• Falgun: 6.001%

• Change: 0% (Stable)

Average Interest Rate (Institutional Fixed Deposit)

• Magh: 4.5005%

• Falgun: 4.493%

• Change: -0.0075% (Slight decrease)

✅ Banks That Reduced Interest Rates:
1️⃣ Laxmi Sunrise Bank: 5.75% to 5.5% (-0.25%)
2️⃣ Global IME Bank: 5.75% to 5.5% (-0.25%)

✅ Bank That Increased Institutional Interest Rate:
📌 Global IME Bank: 4.25% to 4.5% (+0.25%)

For Falgun 2081, commercial banks have kept their interest rates stable, signaling market stability. Only two banks have lowered rates, meaning the overall impact on the banking sector is minimal. Moving forward, Nepal Rastra Bank’s policies, liquidity conditions, and loan demand will shape future interest rate trends.