The average base rate of commercial banks stood at 9.50% in the previous quarter while the average spread rate stood at 5.07% in the same period. Considering the latest base rate, till the end of Poush and Magh 2076, the average has fallen to 9.47%. Similarly, the average spread rate in the review period stood at 5.05%

Nepal Rastra Bank  defined the Base rate of Banking and Financial company includes all cost of funds, cost of liquidity as per (CRR and SLR) 

Banks usually add a premium to the base rate to derive the total rate of interest on a particular type of loan facility. This makes the loan facility provided by different banks vary in the interest rate charged.