Kathmandu. Commercial banks have announced new interest rates for the month of November. Commercial banks have announced new interest rates for the month of October.

For the month of October, commercial banks have reduced the interest rate on personal fixed deposits by 0.26 percent. The average interest rate of personal fixed deposits of banks has come down to 5.20 percent in October from 5.46 percent in August.

Out of the 20 commercial banks in operation, 14 banks have reduced the maximum interest rate on personal fixed deposits while six have kept it stable. The institutional interest rate of commercial banks has decreased by 0.22 percent on an average.

What TAG_OPEN_strong_47 is the interest rate of which bank?

Prabhu Bank has reduced the maximum interest rate on individual and institutional deposits for the month of November. The bank has fixed the maximum interest rate of 4.95 percent for individuals and 2.75 percent for institutional purposes for the month of November.

Everest Bank has also reduced the interest rate on both individual and institutional banks. The bank has decided to provide a maximum interest rate of 5 percent for personal deposits and 4 percent for institutional deposits. The bank has fixed the maximum interest rate for individuals at 5.25 percent and for institutional at 4.25 percent.

Nabil Bank has reduced the interest rate for the month of November. The bank has fixed the maximum interest rate for individual fixed deposits at 4.95 percent and for institutional deposits at 3.92 percent. The bank has fixed fixed deposits at 5.5 per cent and 4.05 per cent for institutional deposits.

Sanima Bank has reduced the interest rate on individuals and institutions for the month of November. The bank has fixed the maximum interest rate for individual fixed deposits at 5.14 percent and for institutional deposits at 3.4 percent. The bank has fixed the interest rate for individual fixed deposits at 5.25 percent and for institutional deposits at 3.5 percent.

Similarly, NIC Asia Bank has reduced the interest rate on individual and institutional fixed deposits for the month of November. The bank has fixed the maximum interest rate of 5.75 percent for individual fixed deposits and 4.5 percent for institutional deposits. For the month of September, the bank has given a maximum interest rate of 6 percent for individual fixed deposits and a maximum of 5 percent for institutional deposits.

Similarly, Citizens International Bank has reduced the interest rate on personal deposits for the month of November and kept it stable on the institutional side. The bank has fixed the interest rate for individual fixed deposits at 5 percent and for institutional deposits at 3 percent for the month of November. For the month of September, the bank has given a maximum interest rate of 5.25 percent for individual fixed deposits and 3 percent for institutional deposits.

Prime Commercial Bank has reduced the interest rate on personal deposits for the month of November. The bank has fixed an interest rate of 5 percent for individual fixed deposits and 2.75 percent for institutional deposits.

Nepal SBI Bank has reduced the interest rate for the next month. The bank has set an interest rate of 5 percent for individual fixed deposits and 4 percent for institutional deposits. For the month of October, the bank has fixed the interest rate of 5.18 percent for individual fixed deposits and 4.18 percent for institutional deposits.

Machhapuchchhre Bank has reduced the interest rate for the month of November. The bank has fixed an interest rate of 5 percent for individual fixed deposits and 3 percent for institutional deposits. For the month of September, the bank has fixed the interest rate on individual fixed deposits at 6 percent and for institutional deposits at 4 percent.

NMB Bank has reduced the interest rate for the month of November. The bank has fixed an interest rate of 5 percent for individual fixed deposits and 4 percent for institutional deposits. The bank had offered a maximum interest rate of 6 percent and 5 percent for institutional purposes for the month of September.

Standard Chartered Bank has reduced the interest rate on personal deposits and kept it stable on the institutional side. The bank has fixed an interest rate of 5 percent for individuals and 2.75 percent for institutional purposes for the month of November. For the month of September, the bank had given a maximum interest rate of 5.18 percent on the individual side.

Laxmi Sunrise Bank has reduced the interest rate on individuals and kept the institutional deposit rate stable for the month of November. The bank has fixed the interest rate at 5 percent for individual fixed deposits and 4 percent for institutional deposits.

Nepal Investment Mega Bank Limited (NIBL) has reduced the interest rate on individual fixed deposits for the month of September. The bank has fixed the interest rate at 5 per cent for individual fixed deposits and 4.25 per cent for institutional deposits. The bank has fixed the interest rate of 5.25 percent for individual fixed deposits and 4.25 percent for institutional deposits.

Machhapuchchhre Bank has reduced the interest rate for the month of November. The bank has fixed an interest rate of 5 percent for individual fixed deposits and 3 percent for institutional deposits. For the month of September, the bank has fixed the interest rate on individual fixed deposits at 6 percent and for institutional deposits at 4 percent.

The Agricultural Development Bank (ADB) has reduced the interest rate on individual and institutional deposits for the month of September. The bank has fixed the interest rate at 4.95 per cent for individual fixed deposits and 2.75 per cent for institutional deposits. For the month of September, the bank has fixed the interest rate of 5.05 percent for individual fixed deposits and 3 percent for institutional deposits.

Fixed interest rate banks

Nepal Bank (NBA) has fixed the interest rate for the month of November. Similarly, Global IME Bank has fixed the interest rate on both individual and institutional fixed deposits for the month of November. The bank has decided to provide a maximum interest rate of 6 percent for individual fixed deposits and 4.25 percent for institutional deposits.

Kumari Bank has kept the interest rate stable. The bank has fixed an interest rate of 5.01 per cent for individual fixed deposits and 4.01 per cent for institutional deposits for the month of November.

Similarly, Himalayan Bank has fixed the interest rate on personal deposits for the month of November and reduced the interest rate on institutional deposits. The bank has decided to provide a maximum interest rate of 6 percent for individual fixed deposits and 4.5 percent for institutional deposits. The bank has offered a maximum interest rate of 6 percent for individual fixed deposits and 5 percent for institutional deposits.

Siddhartha Bank has fixed the interest rate on individual and institutional fixed deposits. The bank has fixed the interest rate at 5.5 percent for individuals and 4 percent for institutional purposes for the month of November.

KATHMANDU: Rastriya Banijya Bank (RBB) has kept the interest rate on individual and institutional banks stable. The bank has fixed the interest rate for individual fixed deposits at 5.5 percent and 4 percent for institutional deposits.