Kathmandu: Banks have announced new interest rates on loans and deposits with effect from September 20. According to the public interest rate, the base rate of some banks has increased slightly by mid-July. Let's look at the new interest rates on deposits and loans made public by banks:

Nabil Bank: Nabil Bank has set a minimum interest rate of 3.01% and a maximum of 3.51% on savings. A maximum of 7.51% interest is to be paid on personal term. The interest rate for the three-month term has been fixed at 5.51%. The bank has stated that it will provide loan by increasing the premium up to 7%.

Rastriya Banijya Bank: Rastriya Banijya Bank has announced a new interest rate with effect from September 20. Accordingly, the interest rate on time deposit will be 6% to 7.25% for individual and 5% to 6.50% for institutional time deposit. Similarly, the bank has set a minimum interest rate of 3% to 5% on savings accounts.

NIC Asia Bank: NIC Asia Bank has announced new interest rates. The bank has fixed the interest rate on savings at 2.56%. According to the new interest rate announced by the bank, the interest on term deposits will be up to 7.56%.

Everest Bank: Everest Bank has set a minimum savings rate of 2.50% to a maximum of 4%. The maximum interest rate for personal term is 7% and the minimum is 6.50%. As of mid-July, the bank's base rate is 5.99%.

NMB Bank: NMB Bank has set a minimum savings rate of 2.50% and a maximum of 4.50%. The maximum interest for individual term is 7.50% and the minimum is 6.50%.

Nepal Bank: Nepal Bank has fixed minimum interest rate of savings from 3.05% to maximum 4.55%. The maximum interest rate for individual term is 8.5%. The base rate of the bank is 5.73%.

Agriculture Development Bank: The Agriculture Development Bank has fixed the minimum interest rate of savings from 3.50% to the maximum interest rate of 5%. The maximum interest on personal term is fixed at 7.50%. As of mid-July, the bank's base rate is 7.13%.

Machhapuchhre Bank: Machhapuchhre Bank has fixed minimum interest rate on savings from 2.05% to maximum 4%. The interest on personal term is fixed at 7.05%. The base rate of the bank is 7.26%.

Sunrise Bank: Sunrise Bank will offer a minimum interest rate of 2.57% to a maximum of 4% on savings. Henceforth, 7% interest has been fixed on individual deposits. The base rate of the bank is 6.70%.

Prabhu Bank: Prabhu Bank has set a minimum interest rate of 3.25% to a maximum of 4% on savings accounts. The interest rate on term deposits is a minimum of 7.75% and a maximum of 8.25% for individuals. The base rate of the bank is 6.88%.

KUMARI BANK: KUMARI BANK has set a minimum interest rate of 2.50% to a maximum of 3.5% on savings accounts. The bank has fixed interest rates on personal term deposits ranging from 6% to 7%.

Civil Bank: Civil Bank has announced new interest rates for the month of July. The bank has mentioned a minimum interest rate of 4.05% to a maximum of 5.05% on savings. The bank will offer a minimum and maximum interest rate of 8.75% on time deposits to individuals.

Siddhartha Bank: Siddhartha Bank has announced new interest rates for the month of August. The bank has mentioned that the interest rate on savings will be minimum 2.5% to maximum 4%. The bank will offer a minimum and maximum interest rate of 7% on time deposits to individuals.

Prime Commercial Bank: Prime Commercial Bank has set a minimum interest rate of 2.76% and a maximum of 4.50% for savings. The maximum interest rate for individual term is 7.76% and the minimum is 7.50%. The base rate is 7.21%.

NCC Bank: NCC Bank has set a minimum interest rate of 3.26% and a maximum of 5%. The maximum interest rate for individual term is 8.26% and the minimum is 6.50%. The base rate is 7.57%.

Bank of Kathmandu: Bank of Kathmandu has kept the minimum interest rate on savings at 2.50% and maximum at 4%. The maximum interest on personal term has been fixed at 7%.

Nepal Bangladesh Bank: Nepal Bangladesh Bank has fixed the minimum interest rate on savings at 2.50%. The maximum interest rate for individual term is 7.50% and the minimum is 7.25%. The base rate of the bank is 7.41%.

Laxmi Bank: Laxmi Bank has set a minimum interest rate of 2.5% to a maximum of 4.5% on savings accounts. The term deposit will pay 7% to the individual for 3 months and 7.5% for more than 6 months. The base rate of the bank is 8.08%.

Citizens Bank: Citizens Bank has set minimum interest rate of 3% and maximum interest rate of 5%. The maximum interest on personal term has been fixed at 7.50%. Meanwhile, the base rate of the bank is 7.55%.

Century Commercial Bank: Century Commercial Bank has kept the minimum interest rate on savings at 2.50% and maximum at 3%. The maximum interest on personal term has been fixed at 7.50%.