Machhapuchchhre Bank Limited, a commercial bank based in Nepal, has announced new interest rates that will be effective from 13th February 2023. These new rates apply to a range of deposit accounts and credit facilities that the bank offers to its customers.
The types of deposit accounts that will be affected by the new interest rates include NPR Saving, Salary Scheme, MBL Recurring Deposit, LYC Call Deposit, Fixed Deposit (LCY), Remittance Fixed Deposit, Structured Fixed Deposit, FCY Saving, FCY Fixed Deposit, FCY Call Deposit, and FCY Recurring Deposit.
Machhapuchchhre Bank Limited offers various credit facilities to its customers. These credit facilities include Working Capital Loan, Term Loan/Bridge Gap Loan, Retail/Consumer Lending, Depraved Sector Lending, Loans under consortium financing, MBL Commercial Agricultural and Livestock Loan, Home loan for earthquake victims under Nepal Rastra Bank refinancing, BLB Agent overdraft loan, penal interest on past due loans, and expired loan.
Overall, the changes in interest rates by Machhapuchchhre Bank Limited could have an impact on customers who hold deposit accounts or are seeking credit facilities. Those who are affected by these changes may wish to contact the bank directly to obtain more information about the new rates and how they will be applied to their accounts.
Published by Machhapuchhre Bank on 2079-10-29
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