Kathmandu. The maximum interest rate on personal fixed deposits of commercial banks has further decreased.
Commercial banks have announced the interest rates applicable in June. According to the information received from 17 commercial banks so far, 7 banks have reduced their interest rates while 10 have kept them stable.
They are Laxmi Sunrise, Everest Bank, Himalayan Bank, NIC Asia, NMB Bank, Prime Commercial and Standard Chartered. Similarly, Laxmi Sunrise Bank has reduced the interest rate to 4 percent, Everest Bank 3.50 percent, Himalayan Bank 4 percent, NIC Asia Bank 4 percent, NMB 4.75 percent, Prime Commercial 4 percent and Standard Chartered 3.95 percent. Similarly, Laxmi Sunrise Bank contributed 4.50 percent, Everest Himalayan Bank 4.05 percent, NIC Asia 4.50 percent, NMB 4.80 percent, Prime Commercial 4.15 percent and Standard Chartered 5 percent.
Similarly, they have kept the interest rate stable, Global IME Bank, Machhapuchchhre Bank, Nepal Bank, Rastriya Banijya Bank, Sanima Bank, Siddhartha Bank, Prabhu Bank, Sigins and Nepal Investment Mega. Similarly, Agricultural Development Bank (4.15 per cent), Global IME Bank (4.50 per cent), Machhapuchchhre (4.50 per cent), Nepal Bank (4.25 per cent), Rastriya Banijya Bank (4.75 per cent), Sanima Bank (4.50 per cent), Siddhartha Bank (4.05 per cent), Prabhu Bank (4.55 per cent), Sijins (4.10 per cent) and Nepal Investment Mega Bank (4.50 per cent) will be offering interest rate.
