मुक्तिनाथ विकास बैंकको २०८३ आषाढ १ देखि लागू हुने ब्याजदरMuktinath Bikas Bank Interest Rates Effective from 1st Ashad 2083

INTEREST RATES

Effective from 1st Ashad 2083

I. Deposits

S.N. Saving Deposits Interest Rates (% p.a)

1 Muktinath Aashirwad Bachat (Gold)* 3.00%

2 Muktinath Aashirwad Bachat (Platinum)* 3.00%

3 All other Savings 2.75%

4 Muktinath Sambriddhi Remit IPO Bachat Khata 4.00%

5 FCY Deposit ($, £, €, and AUD) Up to 1.35%

*For existing customers only

S.N. Current & Call Deposits Interest Rates (% p.a)

1 Current Account -

2 Call Deposit Account Up to 1.35%

S.N. Fixed Deposits Individual Institutional Remittance

1 3 Months 2.75% - 3.75%

2 6 Months 2.75% 2.75% 3.75%

3 1 Year 2.75% 2.75% 3.75%

4 2 Years 3.00% 2.80% 4.00%

5 3 Years, 4 Years and 5 Years 3.75% 3.00% 4.00%

6 Above 5 Years to 10 Years 4.66% 3.50% -

7 Akshaya Kosh - Negotiable -

II. Loans

a. Floating Interest Rates (Base Rate + Risk Premium)

S.N. Products Risk Premium

Minimum Maximum

1 Agriculture Loan - 2.00%

2 Auto Loan - 2.00%

3 Bridge Gap Loan - 2.00%

4 Business Loan - 2.00%

5 Demand Loan 1.00% 3.00%

6 Education Loan 2.00% 4.00%

7 Flexi Business Loan 1.00% 3.00%

8 General Loan 3.00% 5.00%

9 Gold Loan 2.00% 4.00%

10 Hire Purchase Loan 2.00% 4.00%

11 Home Equity Loan 0.40% 2.40%

12 Housing Loan 0.40% 2.40%

13 Micro-Enterprise Loan 3.00% 5.00%

14 Personal Overdraft Loan 2.50% 4.50%

15 Personal Term Loan 2.00% 4.00%

16 Real Estate Loan 1.00% 3.00%

17 Real Estate Overdraft 1.50% 3.50%

18 Sambriddhi Business Karja 2.00% 4.00%

19 Share Loan 0.50% 1.50%

20 Short Term Business Loan 2.00% 4.00%

21 Shulav Baywasaya Karja 2.00% 4.00%

22 Small Enterprise Loan 2.50% 4.50%

23 Subsidized Loan 1.00% 2.00%

24 Term Mortgage Loan 1.00% 3.00%

25 Wholesale Loan Cooperative - 2.00%

26 Wholesale Loan MFIs - 2.00%

27 All Other Small Banking Products 2.50% 4.50%

28 Professional Loan 5.00% 6.00%

b. Fixed Interest Rates

S.N. Tenure of the Products Interest Rate

Minimum Maximum

1 Up to 5 Years Up to 9.50% Up to 11.50%

2 More than 5 Years up to 10 Years Up to 9.75% Up to 11.75%

3 More than 10 Years Up to 10.00% Up to 12.00%

3 Months Average Base Rate of Baisakh, 2083 5.73%

Interest Spread for the month of Baisakh, 2083 4.24%

III. Additional Information

1. Interest in saving and call deposits is paid on quarterly basis while interest in FD can be paid monthly or quarterly.

2. The interest rates on call accounts are negotiated and may vary subject to market conditions.

3. The remittance fixed deposit product is applicable to individuals only.

4. The interest rate applicable on forced loan shall be 7% on top of the base rate.

5. The interest rate in consortium financing shall be as decided by the consortium.

6. Penal interest of plus 2% per annum will be applied on overdue amount.

7. Fixed deposits can be opened for the specified published tenure only.