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BalBahadur

I have heard some banks in Kathmandu give you as high as 13% or 14% Interest Rates in your Saving Account. If this is true, this is a great deal. Anyone knows which banks in Kathmandu, Nepal provide the best saving account interest rates?

Also, is it possible to use the saving account esp Deposit from outside of Nepal including USA? Are there any risks or disdvantages to using such accounts from USA?

Sherpa

Himalayan Bank Interest Rates

Revised rates of interest on Deposits, Loans and Advances to be effective from Sunday, 16 Shrawan, 2067 (1 August, 2010)

Fixed Deposit 3 months:7% Annual
Fixed Deposit 6 months: 10% Annual
Fixed Deposit 1 year - 9.50% Annual
Fixed Deposit 1 year Special - 11% Annual
Fixed Deposit 2 Years - 11.5% Annual
Fixed Deposit 5 Years - 12% Annual

http://www.himalayanbank.com/contents/contents.php?PageID=Interest_Rate

Sherpa

Kumari Bank Interest Rates on Deposit

General Fixed Deposit:

14 Days - 3.5 % Annual

1 Month - 5.5% Annual

3 Months - 7.5% Annual

6 Months - 8.5% Annual

1 Year - 10.0% Annual

1 Year and Above - 10.25% Annual

2 Years and Above - 10.50% Annual

http://www.kumaribank.com/News/interest-rate-deposits.html

Sherpa

Nabil Bank Interest Rates:

Up to 1 Month 07.00 - 08.00
- 3 Months 08.00 - 09.00
- 6 Months 09.00 - 10.00
- 1 Year 09.50 - 10.50
- Above 1 Year 10.00 - 11.00
- Bulk Deposits 11.00 - 12.00
1Year & Above

http://www.nabilbank.com/ratescharges.php

Sherpa

Nepal Bangladesh Bank Interest Rates on Fixed Deposit

Below 6 Months - 7% Annual

6 to 12 Months - 10.5% Annual

1 Year - 11% Annual

2 Year Annual - 11.5% Annual

2 Years and Above - 12% Annual

http://www.nbbl.com.np/interest.php

Sherpa

Bank of Kathmandu Interest Rates on Fixed Deposits:

1 month - 5% Annual

3 Months - 6% Annual

6 Months - 7% Annual

1 Year - 9% Annual

3 Years and Above - 9.75% Annual

http://www.bok.com.np/investorrelation/interest-rate.php

laure

Does anyone know if any of the banks can be connected to your US accounts so you can easily transfer money from US to your own Nepal account?

suntali

Thanks. Very helpful although the rates have gone done a bit lately.

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