Microfinance base rates
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Class-D microfinance institutions (Laghubitta) are NRB-licensed lenders that serve low-income and rural members through group lending, deprived-sector and micro-enterprise credit, and member savings — not public fixed deposits. They run the highest rates of the four classes, within NRB caps. Compare their savings, loan and base rates below.
Updated from each microfinance institution's latest published rates (Bikram-Sambat month).
Compare base rates
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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
Rates aggregated from institutions' published disclosures; microfinance products are member-based and data may be partial. Confirm before applying.