Deposit interest rates also fell modestly in Jestha

According to the interest rates made public by commercial banks, the average interest rate on deposits in Jestha has decreased slightly compared to Baisakh.

Baishak 31, 2083

Kantipur Reporter

Deposit interest rates also fell modestly in Jestha

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Commercial banks have reduced deposit interest rates for the month of Jestha. According to the interest rates made public by commercial banks, the average interest rate on deposits in Jestha has decreased slightly compared to Baisakh.

According to which, the average maximum interest rate on ordinary savings for Jestha is 3.115 percent. In Baisakh, such interest rate was 3.181 percent. In Jestha, the maximum interest rate on one-year individual deposits of banks is 4.343 percent. In Baisakh, such interest rate was 4.395 percent.

For Jestha, 4 of 7 banks have reduced the interest rate on ordinary deposits. One bank has increased the interest rate on both ordinary and fixed deposits. But 15 banks have kept the interest rate on ordinary and 12 banks have kept the interest rate on fixed deposits constant.

Siddhartha Bank has increased the interest rate. Siddhartha has increased the interest rate from 4 percent to 4.05 percent.

For both the months of Baisakh and Jestha, these banks have given a maximum interest rate of 4.75 percent on personal deposits. While the average interest rate in Baisakh was 4.4 percent, the average interest rate in Jestha is 4.3 percent.

Currently, the highest interest rate is being offered by Rastriya Banijya Bank. This bank is offering 4.75 percent. The lowest interest rate is being offered by Kumari Bank, which offers only 3.96 percent.

The maximum interest rate offered by 12 banks on personal deposits is stable. Siddhartha Bank, on the other hand, has increased the interest rate. Siddhartha has increased the interest rate from 4 percent to 4.05 percent.

Kantipur

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