You Are Here: Home » Publications » Rates & Charges » Interest Rates

Interest Rates

Effective from September 17, 2020

Effective from September 17, 2020

DEPOSITS

Saving Deposit (NPR)	Interest Rate (% p. a.)
Siddhartha Platinum Saving	5
Siddhartha Super Salary	5
Siddhartha Mero Share Khata	3
Siddhartha Jestha Nagarik Bachat	3
Siddhartha Swornim Bachat	3
Siddhartha Bachat Account	3
Siddhartha Nari Bachat	3
Branchless Banking Account	3
Student Savings	3
Siddhartha Esewa Bachat Khata	3
Siddhartha Bal Bachat Khata	3
Siddhartha Remit Account	3
Siddhartha RF Saving	5
Siddhartha Sajilo Bachat Khata	5
Siddhartha Peacekeeping Savings	5
Siddhartha Jeevan Surakshya Bachat Khata	5
Siddhartha Professional Account	5

Call Deposit	upto 1.5%
Fixed Deposit (NPR)	Interest Rate (% p.a.)
Institutions Tenure : 3 months to upto 1 year Tenure : Above 1 year	6.5 (6.6 for renewal) 6.5 (7.1 for renewal)
Individual Tenure : 3 months to below 6 months Tenure : 6 months to upto 1 year Tenure : Above 1 year	7.25 7.5 8

Foreign Currency Deposit	Interest Rate (% p.a.)
Siddhartha USD Savings	2 %
Siddhartha Remit USD Savings	2 %
Siddhartha USD Call Deposit	Negotiable
Siddhartha USD Fixed Deposit (For 1 year)	Negotiable
Siddhartha GBP Savings	0.5 %
Siddhartha Euro Savings	0.5 %
Other FCY Deposit & Fixed Deposits	Negotiable
Siddhartha Special FCY Fixed Deposit Account - For NRNs and Foreign Institutions - Minimum balance USD 10,000 or equivalent - Tenure : 2 years & above	- USD @ 6 months LIBOR + 4% - GBP @ 2.5 % - EUR @ 2 %
Other terms & conditions of the deposits products remain unchanged.

LOANS & ADVANCES

Description		Interest Rate (% p.a.)
Overdraft/Cash Credit
Industry/Trading	Base Rate	+ upto 5 %
Import Loan
Industry/Trading	Base Rate	+ upto 4%
Working Capital Loan
Industry/Trading	Base Rate	+ upto 5%
Short Term Loan
Industry/Trading	Base Rate	+ upto 5%
Term Loan
Industry/Trading	Base Rate	+ upto 5%
Bridge Gap Loan	Base Rate	+ upto 5%
Home Loan	Base Rate	+ upto 5%
Auto Loan/Hire Purchase Loan	Base Rate	+ upto 5%
Siddhartha Personal EMI Loan	Base Rate	+ upto 5%
Education Loan	Base Rate	+ upto 5%
Edudation Loan (Fixed Interest Rate for a period of 5 years)		11.75%
Mortgage Loan
Overdraft	Base Rate	+ upto 5%
Term Loan/Short Term Loan	Base Rate	+ upto 5%
Export Finance
Against USD LC	Base Rate	+upto 3.5%
Against NPR & other currency LC	Base Rate	+ upto 4%
Against USD export documents	Base Rate	+ upto 4%
Against NPR & other curreny export documents	Base Rate	+upto 4.5%
Loan Against :
Fixed Deposit (Own)		Coupon rate +1.5% to 3% or Base Rate + 1% whichever is higher
Fixed Deposit (Others)		Coupon rate +2% to 5% or Base Rate +2% whichever is higher
Foreign Currency Deposits at SBL	Base Rate	+ up to 3%
Government Bonds		Coupon rate +2% to 5% or Base Rate +1.5% whichever is higher
First Class Bank Guarantees issued by Foreign Banks	Base Rate	+ upto 4%
Other Bank Guarantees issued by Foreign Banks	Base Rate	+ upto 4.5%
Loan against Shares	Base Rate	+upto 5%
FCY Loan Denominated in USD		LIBOR plus mutually agreed premium
Consortium Loan	As per consortium decision
Deprived Sector Lending:
Wholesale Lending	Base Rate	+ upto 4%
Direct Lending	Base Rate	+ upto 5%
Agriculture & small business loan upto Rs 1.5 million (as prescribed by NRB)	Base Rate	+2%
Others	Base Rate	+upto 5%
Ashadh 2077 Base Rate		9.03%
Ashadh 2077 Interest Spread Rate		4.33%
Note: 1. The effective applicable interest rates on loans is subject to change with effect from the first day of Shrawan, Kartik, Magh and Baisakh as triggered by the change in the Base Rate of the Bank on each previous quarter end. 2. In case of loans approved under NRB refinance, interest rates shall be applicable as per NRB directives. 3. In case of loans eligible under interest subsidy, premium rates shall be applicable as per the circulars issued by NRB. 4. Determination of fixed interest rates to be published for individual term loans as required by NRB is under review process.