Nepal Breaking NewsFinanceMahalaxmi Bikas Bank Interest Rate Published (July 2021

Mahalaxmi Bikas Bank Interest Rate Published (July 2021

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Bank has a new rate for its and loan products. The new rates will take effect on July 16, 2021 [Shrawan 1, 2078 BS].

The -level development bank will pay up to 5.50 interest on savings deposits, 1.75 percent on call deposits, and 8 percent on fixed deposits.

Similarly, the bank will float the loans at up to a 6% premium over the base rate. The bank’s base rate as of Jestha’s end, 2078 BS is 7.84 percent.

See the notice below for more information on Mahalaxmi Bikas Bank’s interest rates on its various products:

Mahalaxmi Bikas Bank Interest Rates

Mahalaxmi Bikas Bank Interest Rate Published (July 2021

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