Interest rates of NIC Bank Limited
With effect from 15th May 2010 (1st Jestha 2067)
Deposit Rates | %
p.a. | Lending
Rates | %
p.a. | ||
Prime
| Others | Prime | Others | ||
NIC
Sikshya Kosh | Up
to 8.00 | Export
Credit | 12.00 | 15.00 | |
NIC
Happy Savings Account | Up
to 7.00 | Cash
Credit/ Short Term Loans /Overdrafts | |||
NIC Savings Plus
| Up
to 6.50 | Against
Own FDR* | 12.00 | 15.00 | |
NIC
Corporate Super Account | Up
to 6.00 | Against
1st Class Bank Guarantee | 12.50 | 14 .00 | |
NIC
Social Account | 3.00
| Against
Government Security | 12.50 | 14 .00 | |
NIC
Business Account | Up
to 3.00 | Against
Other Collateral | 14.00 | 17.00 | |
NIC
USD Super Savings Account | Up
to 1.00 | Other
Short Term Working Capital Loans | 14.00 | 16 .50 | |
US
$ Savings | 0.25 | Import
Credit | 13.00 | 15.00 | |
Fixed
Deposits | Term
Loan | 14.00 | 17.00 | ||
1
month | 7.25 | 6.25
| Auto
Loan | 15.00
– 17.00 | |
3
months | 8.25 | 7.25
| Housing
Loan | 9.99
-16.49 | |
6
months | 9.25
| 8.25
| Deprived
Sector** | 8.50 | 12.00 |
1
year | 10.50
| 9.50
| Corporate/
Multinationals | ||
>
1 year to 3 years | 11.00
| 10.00
| |||
1
year (Bulk & Institutional) | 11.50
| 10.50
| Import
Loan | 12.50 | 15.00 |
Structured
Deposits | Negotiable
(Maximum 12%) | Overdraft/Cash
Credit/Working Capital Loans | 14.00 | 16.00 | |
Other
Short Term Working Capital Loans | 13.50 | 16.00 | |||
NIC
Super Deposit | Education
Loan | 12.49-15.49 | |||
5
years | 12.00
| NIC
SME Loans | 13.99
–17.50 | ||
3
years | 11.50 | NIC
Sajilo Karza | 1.25%
- 1.50% per month | ||
|
* Minimum: + 3% over FDR
Rate | Margin
Lending | 15.00 | 17.00 | ||
**
Negotiable in case of MFIs | Other
Loans | 14.00 | 18.00 | ||
Interest
rates are indicative and subject to variation staying within Nepal Rastra Bank
guidelines. | |||||