Muktinath Bikas Bank
Lazimpat, Kathmandu, Nepal ·
Muktinath Bikas Bank is one of Nepal's leading national-level Class-B development banks, serving over 1.4 million customers nationwide with a strong focus on inclusive and micro-banking.
Rates at a glance
Deposit rates
| Product | Type | Tenor | Depositor | Rate p.a. |
|---|---|---|---|---|
| Fixed Deposit | Fixed | 5yr–10yr | institutional | 4.75% |
| Remittance Savings | Remittance | — | individual | 4.75% |
| Fixed Deposit | Fixed | 5yr–10yr | individual | 4.66% |
| Fixed Deposit | Fixed | 3yr–5yr | individual | 3.75% |
| Fixed Deposit | Fixed | 3yr–5yr | institutional | 3.50% |
| Fixed Deposit | Fixed | 2yr–2yr | individual | 3.00% |
| Fixed Deposit | Fixed | 2yr–2yr | institutional | 3.00% |
| Fixed Deposit | Fixed | 6mo–6mo | institutional | 2.75% |
| Fixed Deposit | Fixed | 6mo–6mo | individual | 2.75% |
| Fixed Deposit | Fixed | 1yr–1yr | individual | 2.75% |
| Fixed Deposit | Fixed | 3mo–3mo | individual | 2.75% |
| Fixed Deposit | Fixed | 1yr–1yr | institutional | 2.75% |
| Normal Savings | Normal Savings | — | individual | 2.75% |
Loan rates
| Product | Effective rate | Base | Premium |
|---|---|---|---|
| Housing Loan | 6.04%–8.04% | 5.64% | +0.40%–2.40% |
| Home Equity Loan | 6.04%–8.04% | 5.64% | +0.40%–2.40% |
| Auto Loan | 6.64%–8.64% | 5.64% | +1.00%–3.00% |
| Hire Purchase Loan | 7.64%–9.64% | 5.64% | +2.00%–4.00% |
| Education Loan | 7.64%–9.64% | 5.64% | +2.00%–4.00% |
| Gold Loan | 7.64%–9.64% | 5.64% | +2.00%–4.00% |
| Share Loan | 6.64%–8.64% | 5.64% | +1.00%–3.00% |
| Personal Term Loan | 7.64%–9.64% | 5.64% | +2.00%–4.00% |
| Personal Overdraft Loan | 8.14%–10.14% | 5.64% | +2.50%–4.50% |
| Term Mortgage Loan | 6.64%–8.64% | 5.64% | +1.00%–3.00% |
| Real Estate Loan | 6.64%–8.64% | 5.64% | +1.00%–3.00% |
| Real Estate Overdraft | 7.14%–9.14% | 5.64% | +1.50%–3.50% |
| Agriculture Loan | — | 5.64% | — |
| Business Loan | 6.64%–8.64% | 5.64% | +1.00%–3.00% |
| Flexi Business Loan | 6.64%–8.64% | 5.64% | +1.00%–3.00% |
| Short Term Business Loan | 7.64%–9.64% | 5.64% | +2.00%–4.00% |
| Small Enterprise Loan | 8.14%–10.14% | 5.64% | +2.50%–4.50% |
| Micro-Enterprise Loan | 8.64%–10.64% | 5.64% | +3.00%–5.00% |
| Subsidized Loan | 7.64%–7.64% | 5.64% | +2.00%–2.00% |
| Hirepurchase Loan | 7.64%–9.64% | 5.64% | +2.00%–4.00% |
| General Loan | 8.64%–10.64% | 5.64% | +3.00%–5.00% |
| Housing Loan (Fixed, up to 5 yrs) | 11.50% (fixed) | 5.64% | — |
| Bridge Gap Loan | 6.64%–8.64% | 5.64% | +1.00%–3.00% |
| Demand Loan | 6.64%–8.64% | 5.64% | +1.00%–3.00% |
About Muktinath
Established in 2007 (B.S. 2063) and headquartered in Lazimpat, Kathmandu, Muktinath Bikas Bank began as a three-district development bank in Syangja and grew to national-level operations by 2015. It is regarded as one of Nepal's top development banks, with a balance-sheet size exceeding NPR 136 billion, around 1.4 million customers and a network of about 177 outlets nationwide. The bank is known for inclusive and microfinance-oriented banking and received the European Microfinance Award in 2020.
Source: www.muktinathbank.com.np
Contact
- Head office
- Lazimpat, Kathmandu, Nepal
- Phone
- +977-01-5970887
- [email protected]
Products & Services
Deposits
9Normal Saving Account
A basic savings account with low minimum balance and essential banking facilities.
- Minimum balance NPR 500
- Free cheque book
- Any branch banking service
- VISA ATM card access
- Mobile banking
- Free NTC bill payment
Muktinath Premium Bachat
A premium savings account with unlimited transactions and any-branch banking.
- Minimum balance NPR 1,000
- Free cheque book
- Unlimited deposit and withdrawal
- Any branch banking service
- ATM card access
- Mobile banking
Muktinath Sarvotkrishta Bachat Khata
A premium savings account with higher minimum balance and complimentary first-year services.
- Minimum balance NPR 10,000
- Free cheque book
- VISA debit card
- Free mobile banking first year
- Internet banking
- Any branch banking service
Muktinath Pocket Money Bachat Khata
A youth savings account for students aged 15 to under 18 with parental oversight.
- Eligibility: students aged 15 to under 18
- Minimum balance NPR 50
- Free mobile banking with parental consent
- Free Demat and Mero Share registration
- Max monthly withdrawal NPR 25,000
- Max monthly deposit NPR 50,000
- No cheque book issued
Mahila Pewa Bachat Khata
A savings account designed for women aged 16 and above.
- Eligibility: women aged 16+
- Minimum balance NPR 500
- Free cheque book
- VISA ATM access
- Mobile banking
- Internet banking
Sunaulo Bal Shikshya Bachat Khata
A children's savings account (age 18 and below) encouraging educational savings.
- Eligibility: children aged 18 or below
- Minimum balance NPR 0
- Free cheque book
- Any branch banking service
- Opened with child's birth certificate / NID
Muktinath Krishak Bachat Khata
A savings account aimed at agricultural workers with low opening balance.
- Minimum balance NPR 100
- Free cheque book
- VISA debit card
- Mobile and internet banking
- Free Demat registration
- Free any branch banking
Sharedhani Bachat Khata
A savings account for share investors with free first-year digital services.
- Minimum balance NPR 100
- VISA debit card free for 1 year
- Mobile banking free for 1 year
- Internet banking free for 1 year
- Free Demat registration
Fixed Deposit
Term deposits for individuals and institutions with tenures from 3 months to 10 years.
- Tenure 3 months to 10 years
- Individual rate 2.75% up to 1 year
- Individual rate up to 4.66% for 5-10 years
- Institutional rate up to 3.50%
- Interest paid quarterly
- Remittance FD adds up to +1% bonus
- Akshaya Kosh min balance NPR 5,000
Loans
8Housing Loan
Financing for purchase, construction or renovation of residential property.
- Loan up to NPR 2 crore
- Interest: Base Rate + up to 2.40% premium
- Purpose: buy, build or renovate home
- Admin charge 1%
Auto Loan
Financing for purchase of new or second-hand private vehicles.
- Financing up to 50% of value
- Tenure up to 7 years
- Interest: Base Rate + up to 3.00% premium
- Admin charge 1%
- For new or second-hand private vehicles
Hire Purchase Loan
Financing for commercial vehicles and heavy equipment.
- Interest: Base Rate + up to 4.00% premium
- For buses, trucks, taxis, microbuses
- Also funds excavators, rollers, dozers
- Admin charge 1%
Personal Loan
Term loan or overdraft for personal and family financing needs.
- Interest: Base Rate + up to 4.00% premium
- Available as term loan or overdraft
- Purpose: land/building or personal needs
Agriculture Loan
Financing for farmers in production, cultivation and agri-trading.
- Interest: Base Rate + up to 2.00% premium
- Funds cultivation, livestock, cold storage
- Also agri-equipment and feed industry
- Admin charge 1%
Business / Industrial Loan
Financial assistance to registered businesses and industrial sectors.
- Interest: Base Rate + up to 2.00% premium
- For legally registered businesses/industries
- Admin charge 1%
Real Estate Loan
Financing for developers and individuals in commercial real estate.
- Interest: Base Rate + up to 3.50% premium
- Funds commercial buildings, shopping complexes
- Covers land and building buy/sell
- Admin charge 1%
Share Loan
Short-term loan against shares listed on Nepal Stock Exchange.
- Loan up to NPR 20 crore
- Tenure 1 year, renewable
- Interest: Base Rate + up to 3.00% premium
- Service fee 1.00%
- Processed within 48 hours
Cards
2Muktinath VISA Debit Card
A Visa debit card for purchases and ATM withdrawals across Nepal and India.
- Usable at Visa POS and ATMs
- Accepted in Nepal and India
- 5 free monthly transactions at other ATMs
- NPR 15 per extra partner-ATM withdrawal
- Upgradeable for domestic e-commerce
- Tap and Pay contactless
- Valid 5 years
Muktinath Instant Card
An instantly issued Visa debit card provided at account opening.
- Issued instantly at account opening
- Usable at Visa merchants and ATMs
- Accepted in Nepal and India
- Upgradeable for domestic e-commerce
- Tap and Pay contactless
- SMS transaction alerts
- Valid 5 years
Digital & e-services
2Muktinath Faida App (Mobile Banking)
The bank's mobile banking app for transactions, payments and account management.
- Balance inquiry and mini statement
- Biometric fingerprint login
- QR / Fonepay merchant payments
- Utility bill and top-up payments
- Intra-bank and interbank fund transfer
- eSewa wallet loading
- Fixed Deposit and loan-against-FD requests
- SMS banking without internet
Internet Banking
Web portal for account information, transfers and bill payments.
- Account info and statements
- Intra-bank fund transfer
- Merchant and utility bill payments
- eSewa facility
- Per-transaction limit NPR 200,000
- Daily limit NPR 20 lakh (max 10 txns)
Remittance
1Muktinath Remittance
Money transfer service connecting remitters and beneficiaries through a nationwide agent network.
- Bridges remitter and beneficiary
- Nationwide payout agent coverage
- Agents include banks, money transfers, microfinance
- Linked Remittance Fixed Deposit with bonus rate
Digital & e-services
Deposit and loan rates effective Asar 2083, aggregated from the bank's published disclosures; card figures are indicative. Confirm with the bank before applying.