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Nabil Bank to provide 7.51 percent interest

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KATHMANDU: Nabil Bank has raised the interest rate on its personal term deposit account to 7.51 percent. This will apply to personal term deposits of more than six months, the bank said. The bank said in a press release that it has continued to provide the highest and most competitive interest rate on personal term deposit accounts with interest rates.

Nabil Bank, which has been providing timely services to its customers since 1984, has 119 branches, 185 ATMs and more than 1,500 Nabil remittance agents.

Krishna Subedi, Head of the Department of Institutional Communications, said that the bank has played a leading role in launching the latest services in the Nepali banking sector and is a milestone in the history of banking development in Nepal.

The bank hopes that the scheme will help alleviate financial difficulties as it offers higher interest rates on personal term accounts.