A bank's base rate is its minimum lending rate — the floor below which it generally won't lend. Every loan a bank issues is priced as the base rate plus a product premium, so the base rate is a useful single indicator of how cheaply a bank can lend.
Base rates are calculated using a Nepal Rastra Bank–defined formula reflecting each bank's cost of funds, and they differ between banks. The table below ranks every bank publishing a base rate, lowest first.
Lowest Base Rates in Nepal — Bank Comparison
2 Banks| # | Bank | Base Rate | Action |
|---|---|---|---|
| 1 |
NIMB
Nepal Investment Mega BankLowest
|
4.00% | |
| 2 |
SIDE
Siddhartha Bank
|
5.24% |
What is a bank base rate in Nepal?
The base rate is a bank's minimum lending rate, calculated from its cost of funds using a formula set by Nepal Rastra Bank. Loans are priced as the base rate plus a premium, so it sets the floor for borrowing costs.
Which bank has the lowest base rate in Nepal?
The bank at the top of the table above currently publishes the lowest base rate. A lower base rate generally allows cheaper lending, which is why the list is ranked lowest-first.
Does a lower base rate mean a cheaper loan?
Often, but not always — the rate you pay is the base rate plus the bank's product premium (spread). A bank with a low base rate but a high spread may not be the cheapest. Always compare the effective loan rate too.
What does the ✓ Verified badge mean?
It means the figure was confirmed directly by the bank through Byajdar's partner portal. Verified figures override scraped data for that bank.