Standard Chartered Bank (SCB) has announced a new deposit and loan interest rate. The interest rate will be in effect beginning July 16, 2021 [Shrawan 1, 2078 BS].
The bank will offer up to 4% on savings deposits. Similarly, the individual fixed deposit will provide an interest rate of up to 7.1 percent.
Standard Chartered Bank offers loans with a premium over the base rate of up to 7%. The bank’s base rate as of Chaitra’s end, 2077 BS is 5.33 percent. The interest rate spread is also 4.05 percent.
The new interest rate for Standard Chartered Bank is shown below:
Standard Chartered Bank Interest Rates