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UPDATED DAILY · FY 2083/84
Lowest Home Loan Interest Rates in Nepal
Home loans across Nepali banks, ranked by interest rate — lowest first, because a lower rate means a cheaper loan. Verified bank rates marked ✓ Verified.नेपाली बैंकहरूको घर कर्जा, ब्याज दरअनुसार क्रमबद्ध — न्यून पहिले, किनकि कम दरको अर्थ सस्तो कर्जा हो। प्रमाणित बैंक दर ✓ प्रमाणित चिन्ह लगाइएका।
✓ Sourced from NRB & bank data · Kartik 1, 2083
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.घर कर्जा प्रायः घरपरिवारले लिने सबैभन्दा ठूलो ऋण हो, त्यसैले ब्याज दरमा सानो अन्तरले पनि कर्जाको अवधिभर तिरिने कुल ब्याजमा ठूलो फरक ल्याउँछ। ऋण लिनुअघि दर तुलना गर्नु त्यो लागत घटाउने सबैभन्दा प्रभावकारी तरिका हो।
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.नेपालमा घर कर्जा दर सामान्यतया बैंकको आधार दर जोड प्रिमियम (स्प्रेड) बाट बन्छन्, र बैंकपिच्छे फरक हुन्छन्। तलको तालिकाले घर कर्जा दर प्रकाशित गर्ने हरेक बैंकलाई न्यून पहिले क्रमबद्ध गर्छ, किनकि ऋणीका लागि न्यून दर उत्तम सम्झौता हो।
Rates are indicative and sourced from public bank/NRB data unless marked ✓ Verified. Confirm the current rate and terms directly with the bank before proceeding.
How to read the range: banks price floating loans as base rate + a premium. The first figure is the lowest premium the bank publishes, which goes to its strongest borrowers; most people pay somewhere between the two figures. Banks are ranked by the starting rate. "Fixed offer" is a fixed-rate scheme.दायरा कसरी पढ्ने: बैंकले फ्लोटिङ कर्जामा आधार दरमा प्रिमियम थपेर ब्याज तोक्छन्। पहिलो अंक बैंकले प्रकाशित गरेको सबैभन्दा कम प्रिमियम हो, जुन बलियो ग्राहकले पाउँछन्; धेरैजसोले दुई अंकको बीचमा तिर्छन्। बैंकहरू सुरुको दरअनुसार क्रमबद्ध छन्।
Want each bank's monthly EMI for your own amount? See it on Sasto Karja, our loan comparison site.आफ्नो रकममा हरेक बैंकको मासिक किस्ता हेर्न चाहनुहुन्छ? हाम्रै कर्जा तुलना साइट सस्तो कर्जा मा हेर्नुहोस्।
Today's spread across banks
4.55%Lowest starting rate · Nepal Investment Mega Bank
5.84%Median starting rate, 48 banks
9.59%Highest starting rate · Janaki Finance Co.
On a Rs 50,00,000 home loan over 20 years, the lowest starting rate costs about Rs 31,768 a month and the highest about Rs 46,901: a difference of Rs 36,31,976 over the loan. Your own rate depends on the premium the bank gives you, so ask for it in writing.
Home loan EMI calculator
Monthly EMI–
Total interest–
Total repaid–
Rate pre-filled with today's median starting home loan rate. Banks also charge a one-time service fee, valuation and insurance, so ask for the full cost before you sign. For a year-by-year schedule and the EMI at every bank, use the full home loan EMI calculator.
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Nepal Rastra Bank sets the maximum share of a property's value that a bank may lend (the loan-to-value ratio). Since Shrawan 2082 the limits are:
Purpose
Maximum loan
You pay at least
First home (up to Rs 3 crore)
80% of value
20%
Other residential home
70% of value
30%
Land purchase only
50% of value
50%
The 80% first-home limit applies only if the house is for your own use, is no larger than 3,000 sq ft, and you have no existing home loan from any bank. The "value" is the bank's valuation, which is often lower than the price you agreed, so plan for a bigger down payment than the table suggests.
Base rate + premium: how your rate is set
Nepali banks price home loans as base rate + premium. The base rate is the bank's cost of funds and is published every month; the premium is the margin it adds for you. When the base rate falls, your EMI should fall too, and when it rises, your EMI rises (or the tenure is extended).
So when you compare, check the base rate trend, not just today's headline rate, and ask the bank exactly what premium it will charge you. A bank with a slightly higher rate today but a lower premium can be cheaper over 20 years. More in base rate + premium explained.
Before you sign: a checklist
Compare the effective rate from at least three banks; the table above ranks them.
Ask for the full cost: service fee, valuation fee, insurance and any documentation charges.
Check prepayment terms. If you expect a bonus or remittance income, find out what it costs to pay part of the loan early.
Ask how often the rate resets and how you will be told.
Keep the EMI under about 40% of your take-home pay so a rate rise does not squeeze you.
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.माथिको तालिकाको शीर्षमा रहेको बैंकले हाल सबैभन्दा कम घर कर्जा ब्याज दर प्रकाशित गर्छ। कम दरको अर्थ अवधिभर कम ब्याज हुने भएकाले कर्जा न्यून पहिले क्रमबद्ध गरिएका छन्।
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.तपाईंको मासिक किस्ता कर्जा रकम, ब्याज दर र अवधिमा निर्भर हुन्छ। लामो अवधिले मासिक भुक्तानी घटाउँछ तर कुल ब्याज बढाउँछ। Byajdar को EMI क्यालकुलेटरले जुनसुकै संयोजनका लागि सटीक अंक दिन्छ।
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.आधार दर बैंकको न्यूनतम ऋण दर हो; प्रभावकारी दर भनेको आधार दर जोड त्यस उत्पादनका लागि बैंकको प्रिमियम (स्प्रेड) हो। तपाईंले वास्तवमै तिर्ने प्रभावकारी दर नै हो, त्यसैले तुलना गर्ने अंक यही हो।
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.प्रमाणित चिन्हको अर्थ हो — बैंकले सार्वजनिक स्रोतबाट होइन, Byajdar को पार्टनर पोर्टलमार्फत सिधै दर पुष्टि गरेको हो। त्यस बैंक र उत्पादनका लागि प्रमाणित दरले स्क्र्याप गरिएको डेटालाई सधैं प्रतिस्थापन गर्छ।
Under NRB rules, banks can lend up to 80% of the property value for a first home (up to Rs 3 crore, for a house of up to 3,000 sq ft for your own use), and up to 70% for other residential homes. Land-only purchases are capped at 50%. Your income also limits the amount, because the bank checks that you can afford the EMI.
Most home loans in Nepal are floating: the rate is the bank's base rate plus a premium, so it moves when the base rate changes. A few banks offer a fixed rate for the first few years. Ask which one you are getting and how often the rate is reset.
Usually citizenship, proof of income (salary letter and bank statements, or business tax returns), the land ownership certificate (lalpurja), approved building drawings (naksa) for construction, and a valuation by a bank-approved valuer. Banks may ask for more.
