Nepal Breaking NewsFinanceKumari Bank Limited (KBL) Interest Rates Released (July 2021)

Kumari Bank Limited (KBL) Interest Rates Released (July 2021)

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Kumari Bank Limited (KBL) has announced a new deposit and interest rate. The interest will go into effect on July 16, 2021 [Shrawan 1, 2078 BS].

Savings deposits will earn up to 4.00 per cent interest, while term (fixed) deposits will earn up to 8% interest. Similarly, Kumari Bank will float the loans at a of up to 7% over the base rate.

As of Jestha’s end, 2078 BS, the base rate is 7.40 percent. The interest rate spread is currently set at 3.00 percent.

The new interest rate of Kumari Bank Limited is detailed in the notice below.

Kumari Bank Limited Interest Rates

Kumari Bank Limited (KBL) Interest Rates Released (July 2021)

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