Rates of Interest

Effective from 10 Bhadra,2071(26 August,2014)
Deposits: Effective from 10 Bhadra,2071(26 August, 2014)
Saving Deposits LCY % P.A.
1. Sajilo Bachat Khata 2.00
2. General Savings 2.00
3. Laghu Bachat Khata 3.00
4. My Choice Women's Savings 3.50
5. Nava Kopila Bachat Khata 4.00
6. Gramin Mahila Bachat Khata 4.00
7. BOK Pokhara Bachat Khata 3.50
8. BOK Premium Savings 2.50
9. BOK Kissan Banking Sewa 4.00
10. Baidesik Rojgar Banking(Savings) 4.00
11. BOK Chetanshil Yuwa Bachat Yojana 4.00
12. BOK Shramik Bachat Khata 3.50
13. BOK Premium Plus Savings 3.50
Notes :
1. Terms and Conditions (including Minimum Balance) for various Savings Deposits and Fixed Deposits will be as per the prevailing Bank Rule.
2. Interest Rates on Foreign Currency Deposits will be provided based on International Market.
3. Ladder Savings has been incorporated within General Savings Account.
Fixed Deposits : Effective from Bhadra 10, 2071 (26 August, 2014)
1. Fixed Interest Rate
    % P.A.
A. Institutions  
  1 Month 2.50
  3 Months 3.50
  6 Months 4.50
  1 Year and above 5.00
B. Individuals
  I. Laghu Muddati Khata
      1 Month 3.50
      3 Months 4.00
      6 Months 4.50
      9 Months 5.00
      1 year 5.50
  II. BOK Premium Fixed Deposit
      1 Year 5.50
  III. BOK Muddati Plus
      3 Months 4.00
      6 Months 4.50
      1 Year 5.50
      2 Years to 5 Years 5.75
2. Floating Interest Rate
    A. Recurring Deposits (2-10 Years) 5.00
    B. BOK Kissan Banking Sewa (Recurring Deposit) (1-10 Years) 5.50
Notes :
1. Terms and Conditions (including Minimum Balance) for various Savings Deposits and Fixed Deposits will be as per the prevailing Bank Rule.
2. Interest Rates on Foreign Currency Deposits will be provided based on International Market.
 
Loans and Advances: Effective from Bhadra 10, 2071 (26 August, 2014)
  % P.A. % P.A.
  Prime Others
Loan against First Class Bank Guarantee 11.00 12.00
Loan against Deposits of BOK 10.00 12.00
Loan against Fixed Deposits of other Prime Financial Institutions 12.00 14.00
Loan against Foreign Currency Deposits 12.00 13.00
Export Finance - Nepalese Currency 12.00 14.00
Export Finance - Foreign Currency 4.00 6.00
USD Loan 5.00 6.00
Other Loan 13.00 14.00
Deprived Sector Loan
Institutional 10.00 14.00
Individuals - 14.00
Loan against Govt. Bonds 11.00 13.00
Overdraft 13.00 14.00
Working Capital Loan 13.00 14.00
Trust Receipt/Importer's Loan 12.50 13.50
Consumer Loans
Housing Loan  13.00 14.00
Education Loan 13.00 14.00
Hire Purchase (Private Vehicles) 13.00 14.00
Hire Purchase (Commercial) 13.00 14.00
Personal Loan 13.00 14.00
Small Enterprise Loan 13.00 14.00
Term Loan 13.00 14.00
Property Finance Loan 13.00 14.00
BOK Kissan Banking Sewa (Loan) - 12.00
Baideshik Rojgar Banking (Loan) - 13.00
Mahila Udhyamsil Karja - 13.00
Loans under Syndicated Finance As per Note 10 As per Note 10
Import Bills (Unarranged) As per Note 5 As per Note 5
Uncollected Accounts
Customer's with OD Facility As per Note 6 As per Note 6
Customer's without OD Facility As per Note 7 As per Note 7
Overdue Loans As per Note 8 As per Note 8
Notes :
1. Terms and Conditions (including Minimum Balance) for various Savings Deposits and Fixed Deposits will be as per the prevailing Bank Rule.
2. Interest Rates on Foreign Currency Deposits will be provided based on International Market.
3. Ladder Savings has been incorporated within General Savings Account.
4. Interest rates on Loans and Advances are indicative only.
5. Trust Receipt Loan Interest Rate plus 3% p.a (Penal Interest Rate).
6. Overdraft Interest Rate plus 3% p.a. (Penal Interest Rate).
7. 14% p.a. plus 3% p.a. (Penal Interest Rate).
8. Applicable Loan Interest Rate plus 3% p.a. (Penal Interest Rate).
9. For Loans against Fixed Deposits, the applicable rates will be 2% over coupon rates of Fixed Deposits or above rate, whichever is higher.
10. Interest Rates on Loans under Syndicated Finance will be as per the Syndicated Loan Agreement / Arrangement.

Base Rate - Asadh 2071 7.58%

S.N.

Particulars

Percent

Remarks

a

Cost of fund

4.25%

b

Cost of CRR

0.23%

c

Cost of SLR

0.16%

d

Operating Cost

2.19%

Annualized

e

Return on Assets

0.75%

f

Base Rate (a+b+c+d+e)

7.58%


Interest Spread - Asadh 2071 4.31%