KATHMANDU: Nabil Bank has launched highly attractive offers on Individual Fixed Deposits, Small & Medium Enterprise (SME) Loan, Mortgage Loans and Retail Home Loans by providing the best possible interest rates.

The festive offers are expected to help all Nepalis to either earn higher interest rates on their hard-earned Fixed Deposits or reduce their borrowing costs to reduce the economic pains inflicted by the pandemic.

The Bank is offering highly attractive rate of 9% p.a. on individual fixed deposits for the tenure of 13 months to 24 months. 1 year FDs can be opened at 8.5% p.a., FDs for more than 2 years upto 5 years can be opened at 9.25% p.a. and FDs for more than 5 years can be opened at 9.50% p.a.

The Bank is offering one of the lowest interest rate of 7.49% p.a. on Retail Home Loans, with SME Loan up to Rs. 1 Crore also to be provided at 7.49% p.a.

Further, Bank has continued to offer lucrative interest rate of 7.99% p.a. on Mortgage Loans, with SME Loans above Rs. 1 Crore also priced at 7.99% p.a.

The above lending rates will be fixed for a period of 1 year.

abil Bank is operating with a wide network of 119 branches, 185 ATMs and more than 1,500 Nabil Remit Agents spread across the country.