STANDARD CHARTERED BANK NEPAL LIMITED
is pleased to announce that with effect from 18th September 2023, the following range of interest rates will prevail.
INTEREST RATES *
MINIMUM BALANCE
DEPOSIT RATES LENDING RATES
(IN NPR) ***
% P.A. % P.A.
ACCESS PLUS SAVING ACCOUNT 4.95 1,000 WORKING CAPITAL LOANS
KIDDY BANK SAVING ACCOUNT 4.95 5,000 Cash Credit Base Rate + 2.00 to 4.00
STANDARD CHARTERED WOMEN
4.95 25,000 Short Term Loan Base Rate + 2.00 to 4.00
SAVINGS ACCOUNT
SHAREHOLDER ACCOUNT 4.95 5,000 Import / Export Related Loan Base Rate + 2.00 to 4.00
SENIOR CITIZEN ACCOUNT 5.90 1,000
NORMAL SAVING ACCOUNT 5.90 As per Note 3
PAYROLL PLUS ACCOUNT ** 6.54 Term Loans
AMULYA BACHAT KHATA ** 6.54 100,000 VARIABLE RATE Base Rate + 2.00 to 4.00
SPECIAL SAVING ACCOUNT** 6.55 300,000 FIXED RATE (upto 5 years) 11.50
REMITTANCE SAVING ACCOUNT 7.55 10,000 FIXED RATE (upto 7 years) 12.00
FIXED RATE (upto 10 yrs) 12.50
FIXED DEPOSIT: FIXED RATE (above 10 yrs) 13.00
Individual
91 Days 9.29 Term Loans - Specified Sector Lending
121-364 Days 7.79 VARIABLE RATE Base Rate + 2.0 to 3.50
1 Year and above** 7.79 FIXED RATE (upto 5 years) 10.50
Remittance Fixed Deposits
10.29 FIXED RATE (upto 7 years) 11.00
(minimum tenor 12 months)
FIXED RATE (upto 10 yrs) 11.50
Non Individual FIXED RATE (above 10 yrs) 12.00
180-364 Days 5.29
Higher of Base Rate/
1 Year and above** 6.29 Loan against Own Fixed Deposit
Coupon Rate + 2.00
LCY loan Against FCY Deposit with us** Base Rate + 2.00
Loan against Fixed Deposit of Other Higher of Base Rate +
CALL DEPOSIT: Up to 2.48
Banks 4.00 or Coupon Rate
BUSINESS PLUS ACCOUNT **
(Under Sweep Call Facility for SME 0.50-2.48
Segment only):
MONEY MAXIMIZER **
Loan Against SBLC/Bank Guarantee/
(Under Call Deposit Account for 2.48 Base Rate + 2.15 to 4.00
Government Bonds
Individuals Only):
Loan to Watchlist Customers Base Rate + 4.00 to 5.00
FCY SAVING ACCOUNT:
USD 0.50 Loans to Multinational Companies ** Base Rate + 2.00 to 3.75
GBP 0.50
DEPRIVED SECTOR LOANS Base Rate + 2.00
FCY FIXED DEPOSITS: HOME LOAN
USD (Upto 1 yr) VARIABLE RATE Base Rate + 2.00 to 4.00
Linked to
GBP (Upto 1 yr) international FIXED RATE (upto 5 yrs) 11.50
benchmark rates.
Other Currencies FIXED RATE (above 5 yrs upto 10 yrs) 12.25
* Rates are indicative | ** Conditions Apply | *** Account Balance in excess of the FIXED RATE (above 10 yrs) 13.00
indicated minimum balance shall only be available for withdrawal PERSONAL LOAN
Notes: VARIABLE RATE Base Rate + 4.50 to 5.00
1. Interest rates on consortium lending will be as per the decision of consortium subject
FIXED RATE (upto 5 yrs) 13.25
to applicable base rate of this bank.
2. Interest rate on subsidized loans/specified sector loans upto NPR 20 mio shall be as
guided by NRB Directives. GRAMEEN PRATHAMIK KARZA
3. 10,000 for Biratnagar, Pokhara, Narayangarh, Birgunj and all Kathmandu Valley
Branches. 5,000 for all other outside Kathmandu Valley Branches. VARIABLE RATE Base Rate + 5.00
4. For bidding of Fixed deposits, the interest rates shall be upto 0.5% higher than the non- FIXED RATE (upto 5 yrs) 14.50
individual Fixed Deposit rates.
Base Rate as of Shrawan 2080 : 8.59%
Average Base rate of Jestha 2080, Asadh 2080 and Shrawan 2080: 8.84% US $ DENOMINATED FCY LOANS as per NRB regulation
Net Interest Spread as of Shrawan 2080 : 4.00%
