Everest Bank started reducing Deposit Rates

Kathmandu, March 16, In response to easing out market scenario due to recent Nepal Rastra Bank’s directive, Everest Bank has started cutting its interest rates. To start with, the bank has slashed its highest Fixed Deposit rate by 50 basis points. Similarly, as per NRB directives, it is also gradually cutting down its call deposit rates. Lowering the deposit rates in present context will ultimately helps entrepreneurs to avail the credit in reasonable rates.

Presently the Bank is rendering professionalized & efficient banking services through its widest domestic network of 60 branches, 6 Extension Counters, 25 Revenue Collection Counters, 86 ATMs and many correspondents across the globe.