Bank Base Rates in Nepal
We compare 19 banks
A bank's base rate is the floor for all of its lending rates — the lower the base rate, the cheaper its loans. Your loan rate is the base rate plus a fixed premium.
Banks compute the base rate from their cost of funds, CRR, SLR, operating cost and a return markup, and publish it quarterly under Nepal Rastra Bank rules. Comparing base rates is the quickest way to spot the cheapest lenders.
Sorted lowest first. A lower base rate flows straight through to cheaper loans.
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Last updated: Ashwin 2083
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Understanding base rates in Nepal
The base rate decides how much you ultimately pay on a loan. Here's what it means and why it matters:
What it is: The base rate is the minimum rate a bank can lend at — the floor under every loan it offers.
How it's set: Cost of funds + cost of CRR + cost of SLR + operating cost + a return markup, computed monthly by each bank.
Lending rate = base + premium: Your actual loan rate is the base rate plus a product/risk premium that the bank discloses.
Lower base = cheaper loans: Because the premium is fixed, a 0.5% lower base rate flows straight through to a lower EMI for you.
It changes over time: NRB requires banks to publish the base rate quarterly. A falling cost of funds pushes it down.
Compare before you borrow: A bank with a low base rate today is likely to give you cheaper borrowing for the life of the loan.
Key rate terms
A quick glossary of the interest-rate terms that decide what you earn and pay in Nepal.
Base Rate
The floor below which a bank cannot lend. Computed monthly from its cost of funds and published quarterly.
Premium
The margin a bank adds to its base rate for a given loan. Once taken, NRB rules freeze it for the life of the loan.
Interest Spread
The gap between a bank's average lending and deposit rates. NRB caps it at 4% for commercial banks.
Penal Interest
An extra charge on overdue loan payments, capped by NRB at 2% per annum above the normal rate.
CD Ratio
Credit-to-Deposit ratio. A bank may lend at most 90% of its local-currency deposits (NRB cap).
Rate Corridor
The NRB band that guides market rates — currently a deposit floor of 2.75% and a lending ceiling of 5.75%.
Disclaimer
Base rates are aggregated from banks' published disclosures and carry an effective date; they can change. Confirm the current base rate with the bank before borrowing.