Fixed deposit returns fall as 9 banks slash interest rates for Falgun

February 12, 2026, 11:17:02 AM |

KATHMANDU: Commercial banks in Nepal have revised their fixed deposit interest rates for the month of Falgun, with nine banks lowering rates while eleven have kept them unchanged.

The new rates came into effect from Falgun 1. The average interest rate on individual fixed deposits has decreased by 0.11 percentage points to 4.57 percent. In the previous month (Magh), the average rate for individuals was 4.68 percent.

Similarly, the average interest rate on institutional fixed deposits has declined by 0.05 percentage points to 3.33 percent in Falgun, compared to 3.38 percent in Magh.

Banks That Reduced Interest Rates

The following nine banks have lowered their fixed deposit rates for Falgun:

Agricultural Development Bank
Everest Bank
Nepal SBI Bank
Global IME Bank
Prime Bank
Standard Chartered Bank
Siddhartha Bank
Sanima Bank
Nepal Investment Mega Bank (NIMB)

Banks That Kept Rates Unchanged

The following eleven banks have kept their fixed deposit rates unchanged:

Nepal Bank
Kumari Bank
Laxmi Sunrise Bank
Citizens Bank
Prabhu Bank
Machhapuchchhre Bank
NMB Bank
Himalayan Bank
Nabil Bank
Rastriya Banijya Bank
NIC Asia Bank

The reduction in interest rates suggests that liquidity in the banking system remains comfortable. With slower loan demand in recent months, banks appear to be adjusting deposit rates to manage costs.

Any further impact on lending rates will depend on each bank’s internal pricing and overall credit demand in the coming months.

Bank Name	Magh 2082 (Personal)	Magh 2082 (Institutional)	Fagun 2082 (Personal)	Fagun 2082 (Institutional)	Difference (Personal)	Difference (Institutional)
Agriculture Development	4.40	2.75	4.25	2.75	-0.15	0
Everest Bank	4.40	3.50	4.25	3.50	-0.15	0
Nepal Bank	5.10	3.25	5.10	3.25	0	0
Kumari Bank	4.43	3.50	4.43	3.50	0	0
Nepal SBI	4.40	2.80	4.25	2.77	-0.15	-0.03
Laxmi Sunrise	4.50	3.25	4.50	3.25	0	0
Global IME	5.50	3.75	4.75	3.50	-0.75	-0.25
Prime Bank	4.40	2.75	4.25	2.75	-0.15	0
Citizens Bank	4.50	3	4.50	3	0	0
Prabhu Bank	4.55	2.75	4.55	2.75	0	0
Machhapuchhre Bank	4.5	3	4.5	3	0	0
NMB Bank	5	4	5	4	0	0
Standard Chartered	4.36	2.75	4.25	2.75	-0.11	0
Himalayan Bank	5	4	5	4	0	0
Siddhartha Bank	4.55	3.75	4.25	3.50	-0.3	-0.25
Nabil Bank	4.55	3.55	4.55	3.55	0	0
Sanima Bank	4.55	3.30	4.50	3.30	-0.05	0
Rastriya Banijya	5	4	5	4	0	0
NIMB	5	4	4.5	3.50	-0.5	-0.5
NIC Asia	5	4	5	4	0	0
Average	4.68	3.38	4.57	3.33	-0.11	-0.05