A home loan is usually the largest debt a household takes on, so even a small difference in the interest rate translates into a large difference in total interest paid over the life of the loan. Comparing rates before you borrow is the single most effective way to cut that cost.
Home loan rates in Nepal are typically built from a bank's base rate plus a premium (spread), and they differ between banks. The table below ranks every bank publishing a home loan rate, lowest first, since the lowest rate is the best deal for a borrower.
Lowest Home Loan Rates in Nepal — Bank Comparison
2 Banks| # | Bank | Interest Rate | Action |
|---|---|---|---|
| 1 |
SIDE
Siddhartha BankLowest
|
7.99% | |
| 2 |
NBL
Nepal Bank Limited
|
9.20% |
Which bank has the lowest home loan rate in Nepal?
The bank at the top of the table above currently publishes the lowest home loan interest rate. Loans are ranked lowest-first because a lower rate means less interest paid over the loan term.
How is a home loan EMI calculated?
Your monthly instalment (EMI) depends on the loan amount, the interest rate and the tenure. A longer tenure lowers the monthly payment but increases total interest. Byajdar's EMI calculator gives an exact figure for any combination.
What is the difference between base rate and effective rate?
The base rate is the bank's minimum lending rate; the effective rate is the base rate plus the bank's premium (spread) for that product. The effective rate is what you actually pay, so it's the figure to compare.
What does the ✓ Verified badge mean?
It means the rate was confirmed directly by the bank through Byajdar's partner portal. Verified rates override scraped data for that bank and product.