Global IME Laghubitta has announced changes in its interest rates for savings and loans. The new interest rates went into effect on Falgun 11, 2079, according to a notice released by the laghubitta. The notice provides information on the old interest rates, revised interest rates, and effective dates of the interest rate changes across various savings categories.
The Global IME Laghubitta has stated that a 1 percent interest discount has been provided in the categories specified by Nepal Rastra Bank (NRB), which is the country's central bank. Additionally, the notice mentions that due to an interest concession received from Nepal Rastra Bank for lump sum re-loans, the interest rate for these loans has been fixed at 14.91%.
The announcement of revised interest rates is significant for customers of Global IME Laghubitta, as it could impact the amount of interest they earn on their savings or the cost of borrowing money through loans. It is advisable for customers of the institution to review the notice and familiarize themselves with the changes to ensure they make informed decisions regarding their finances.
Published by Global IME Laghubitta on 2079-11-21
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