🏆 Best Savings Rate Today
6.00%
Global IME Bank · Regular Savings
↑ Best Available
Min. balance: NPR 1,000
Savings Account Rates — All Commercial Banks
Sorted highest → lowest · Jestha 29, 2083| Bank | Interest Rate | Min. Balance | Interest Paid | Action |
|---|---|---|---|---|
GIBL Global IME BankBEST | 6.00% | NPR 1,000 | Quarterly | |
HBL Himalayan Bank | 5.75% | NPR 1,000 | Quarterly | |
NMB NMB Bank | 5.50% | NPR 500 | Quarterly | |
EBL Everest Bank | 5.25% | NPR 1,000 | Quarterly | |
NABIL NABIL Bank | 5.00% | NPR 1,000 | Quarterly | |
NIMB Nepal Investment Bank | 5.00% | NPR 1,000 | Quarterly | |
SBL Sanima Bank | 4.75% | NPR 1,000 | Quarterly | |
NICA NIC Asia Bank | 4.50% | NPR 1,000 | Quarterly |
Savings Account Rates in Nepal — What You Need to Know
Savings accounts in Nepal currently offer 4.50%–6.00% annual interest, paid quarterly. While lower than fixed deposits, savings accounts offer full liquidity — withdraw anytime without penalty.
💡 Best strategy: Keep 3 months of expenses in savings. Put everything else in a 1-year FD at 9.25%. The difference is 3.25% per year — NPR 32,500 more per NPR 10 lakh annually.
Which Banks Offer the Best Savings Rates in Nepal?
Global IME Bank leads with 6.00%, followed by Himalayan Bank at 5.75% and NMB Bank at 5.50%. All major commercial banks are required by NRB to pay at least 4.50% on savings deposits.
Savings Account vs Fixed Deposit in Nepal
- Savings account: Flexible, withdraw anytime, 4.50–6.00% interest, paid quarterly
- Fixed deposit: Locked for tenure, 7.25–9.25% interest, penalty for early withdrawal
- Best strategy: 3 months expenses in savings + rest in FD
Frequently Asked Questions
What is the best savings account rate in Nepal? +
The best savings rate is currently 6.00% at Global IME Bank. Himalayan Bank offers 5.75% and NMB Bank 5.50%. Updated daily on Byajdar.
What is the minimum balance for a savings account in Nepal? +
Most banks require NPR 500–1,000 minimum. NMB Bank accepts as low as NPR 500.
How often is savings interest paid in Nepal? +
Most Nepali banks pay savings interest quarterly. Some premium accounts offer monthly interest payment.
Should I keep money in savings or FD? +
For funds you don't need for 3+ months, FD at 9.25% is far better than savings at 6.00%. Keep only 3 months of expenses in savings for emergencies.
💡 Savings vs FD Comparison
Best Savings Rate6.00%
Best FD Rate (1Y)9.25%
Difference+3.25%
On NPR 5 lakh extra/yearNPR 16,250
🏛️ NRB Policy Rates
Policy Rate5.50%
Min. Savings Rate4.50%
Bank Rate7.00%