Effective from April 13, 2024
| Types of Deposit** | per annum (%) | ||||
|---|---|---|---|---|---|
| NPR SAVING | |||||
| MBL Karmashil Bachat Khata | 6.30 | ||||
| M-Smart Bachat Khata | 5.30 | ||||
| Mero Lagani Bachat Khata | 4.30 | ||||
| Smart Plus Saving Account | 5.30 | ||||
| Machhapuchchhre Bachat Khata | 3.30 | ||||
| NRN Saving Account | 3.30 | ||||
| MBL Smart Bachat Khata | 3.30 | ||||
| Ek Byakti Ek Khata Yojana | 3.30 | ||||
| Normal Saving | 3.30 | ||||
| Nari Bachat Khata | 3.30 | ||||
| Digi Yuba Bachat Khata | 3.30 | ||||
| Shareholders Saving | 3.30 | ||||
| Samman Bachat Khata | 3.30 | ||||
| BalBalika Bachat Khata | 3.30 | ||||
| MBL Premium Saving Account | 3.30 | ||||
| MBL Retirement Plan Account | 3.30 | ||||
| MBL New Smart Bachat Khata | 3.30 | ||||
| Salary Management Account | 3.30 | ||||
| Special Salary Management Scheme | 3.30 | ||||
| MBL Smart Salary Account | 3.30 | ||||
| MBL Surakshit Talab Khata | 3.30 | ||||
| MBL New Smart Talab Khata | 3.30 | ||||
| MBL Recurring Deposit | |||||
| MBL Recurring Deposit (6 months to 5 years) | 7.01 | ||||
| MBL Recurring Deposit (above 5 years to 20 years) | 7.01 | ||||
| FCY SAVING | NRN/Remittance | Others | |||
| US Dollar Saving | 4.25 | 3.25 | |||
| Euro Saving | 2.50 | 1.50 | |||
| GBP Saving | 2.70 | 1.70 | |||
| AUD Saving | 3.05 | 2.05 | |||
| JPY Saving | 1.25 | 0.25 | |||
| CAD Saving | 2.75 | 1.75 | |||
| CNY Saving | 1.50 | 0.50 | |||
| FCY Fixed Deposits | NRN/Remittance | Others | |||
| US Dollar FD | 5.87 | 4.87 | |||
| Euro FD | 4.00 | 3.00 | |||
| GBP FD | 4.20 | 3.20 | |||
| AUD FD | 4.55 | 3.55 | |||
| JPY FD | 2.25 | 1.25 | |||
| CAD FD | 3.00 | 2.00 | |||
| CNY FD | 1.50 | 0.50 | |||
| FIXED DEPOSITS LCY | |||||
| Tenure | Individual/NRN | Remittance | |||
| 3 months to below 6 months | 5.75 | 6.75 | |||
| 6 months to below 1 year | 6.25 | 7.25 | |||
| 1 year to below 3 years | 6.75 | 7.75 | |||
| 3 years and Above | 7.25 | 8.25 | |||
| FIXED DEPOSITS LCY | |||||
| Tenure | Institutional | ||||
| 6 months to below 1 year | 4.50 | ||||
| 1 year to below 3 years | 5.00 | ||||
| 3 years and above | 5.50 | ||||
| FCY Call Deposit | |||||
| US Dollar Call Deposit | Up to 1.62 | ||||
| Euro Call Deposit | Up to 0.75 | ||||
| GBP Call Deposit | Up to 0.85 | ||||
| AUD Call Deposit | Up to 1.02 | ||||
| JPY Call Deposit | Up to 0.12 | ||||
| CAD Call Deposit | Up to 0.87 | ||||
| CNY Call Deposit | Up to 0.25 | ||||
| FCY Recurring Deposit | |||||
| USD | 4.87 | ||||
| EURO | 3.00 | ||||
| GBP | 3.20 | ||||
| AUD | 3.55 | ||||
| JPY | 1.25 | ||||
| CAD | 2.00 | ||||
| CNY | 0.50 | ||||
| LCY Call Deposit | Up to 1.65 | ||||
Effective from April 13,, 2024
| Credit Facilities | Premium Rate (% p.a) on Base Rate |
|---|---|
| Corporate/Infrastructure/BG | 0.25% - 2.25% |
| (Cash Credit/Overdraft/Demand Loan/Short-Demand Loan/Trust Receipt/Pledge Loan/Packing Credit Loan/Bridge Gap Loan/Term Loan/Hire Purchase Commercial) | |
| Working Capital Term Loan | 0.50% - 2.50% |
| MSB | |
| (Cash Credit/Overdraft/Demand Loan/Short-Demand Loan/Trust Receipt/Pledge Loan/Packing Credit Loan/Bridge Gap Loan/Term Loan/Hire Purchase Commercial) | 0.50% - 2.50% |
| Working Capital Term Loan | 1.00% - 3.00% |
| SME | |
| (Cash Credit/Overdraft/Demand Loan/Short-Demand Loan/Trust Receipt/Pledge Loan/Packing Credit Loan/Bridge Gap Loan/Term Loan/Hire Purchase Commercial) | 1.00% - 3.00% |
| Working Capital Term Loan | 1.00% - 3.00% |
| ESME | |
| (Cash Credit/Overdraft/Demand Loan/Short-Demand Loan/Pledge Loan/Term Loan/Hire Purchase Commercial) | 1.00% - 3.00% |
| Home Loan | |
| Home Loan (up to 20 million) | 0.50% - 2.50% |
| Home Loan (Above 20 Million) | 1.00% - 3.00% |
| Auto Loan | |
| Auto Loan-Specific | 0.50% - 2.50% |
| Auto Loan-Normal | 1.00% - 3.00% |
| Commercial Vehicle Loan (HP) | |
| Commercial Vehicle Loan (HP)-Specific | 0.50% - 2.50% |
| Commercial Vehicle Loan (HP)-Normal | 2.00% - 4.00% |
| Mortgage Loan | |
| Mortgage Term Loan | 2.00% - 4.00% |
| Mortgage Overdraft Loan | 2.50% - 4.00% |
| Salary Package Loan | |
| Salary Package Loan-Specific | 0.00% - 2.00% |
| Salary Package Loan-Normal | 2.00% - 4.00% |
| MBL Professional Loan | |
| Professional Loan-Specific | 1.00% - 3.00% |
| Professional Loan-Normal | 2.00% - 4.00% |
| Privilege Loan | |
| Privilege Loan-Specific | 0.00% - 2.00% |
| Privilege Loan-Normal | 2.00% - 4.00% |
| Education Loan | 1.00% - 3.00% |
| Loan against Fixed Deposit Receipt (Own) for New | plus 2.00% on coupon on FDR rate or base rate, whichever is higher |
| Loan Against Shares (Margin Lending) | |
| Margin Lending (up to 5 Million) | 1.00% - 3.00% |
| Margin Lending (Above 5 Million) | 2.00% - 4.00% |
| Loan Against Gold | 2.00% - 4.00% |
| Loan against Government Securities/Bonds | 0.00% - 2.00% |
| Loan against 1st Class Bank Guarantee | 0.00% - 2.00% |
| Loan against FCY Deposit | 0.00% - 2.00% |
| Forced Loan | Plus 4% |
| Deprived Sector Lending | |
| Indirect Lending (Wholesale or institutonal) | |
| Deprived Sector Loan (Qualifying) | 0.00% - 2.00% |
| Deprived Sector Loan (Non Qualifying) | 0.50% - 2.50% |
| Direct Lending (Others) | |
| NRB Directed Sectors | Upto 2.00% |
| Others | 2.00% - 4.00% |
| MBL Subsidized Loan | 2.00% |
| Yuba Tatha Sana Byabasai Swarojgar Kosh | 0.00% - 2.00% |
| Loans under Consortium Financing | As per the Consortium Agreement |
| MBL Commercial Agriculture and Livestock Loan | 0.00% - 2.00% |
| Home Loan for Earthquake Vctims under NRB Refinancing | As per the NRB Norms |
| BLB Agent Overdraft Loan | 0.00% - 2.00% |
| Penal Interest on past due loans & expired loan | Plus 2.00% |
| FCY Demominated Loan | |
| USD Trust Receipt Loan | Daily FCY Cost of Deposit + 0.50% - 2.50% |
| Fixed Interest Rate Loan for Individuals | Up to 5 years | 5 years to 10 years | Above 10 years |
| Home Loan | 12.00% | 13.00% | 14.00% |
| Auto Loan/HP Loan | 12.00% | 13.00% | - |
| Other Retails Loan | 12.50% | 13.50% | 14.00% |
- Premium rate of each borrower, deal shall be determined subject to loan type/category, tenure of each deal, internal Credit Risk Ratng Assessment etc.
- Interest Rates on loans against NRB Refinance shall be as per the NRB guidelines.
- Institutional Bidding rate will be as per NRB guidelines for both LCY & FCY.
- Interest payment will be done on quaterly basis based on type of deposit products.
- Interest will be due for payment on quarterly/monthly basis based on the nature of the loan.
- While determining interest rate of loans, Clause 3(7) of E.Pra. Nirdeshan 15 shall be adhered.
For previous rate changes, please visit https://www.machbank.com/notice (Select Interest Rate in 'Category' and Interest Rate Change in 'Sub-Categories')
