Interest Rates

	Welcome Gurkha Development Bank (Nepal) Ltd. is promoted by British Gurkhas. It is managed by banking professionals. The disciplined and loyal Gurkhas incorporates the same values in the bank which has earned them an awesome reputation. There is profit but with ethics. Transparency and integrity are not compromised for financial gains... read more...

Interest Rates

We are pleased to announce our Interest Rates on Deposits and Loans & Advances, effective from 22 February 2008.

Deposits Savings	Rate of Interest (Per Annum)
Savings Accounts	6.00%

Gurkha Saving*	5.50%
GDB Super Saving Account*	6.25%
	Ordinary	Special
Corporate Savings	5.00%	6.00%*
Fixed Deposits
3 Months	5.00%
6 Months	5.25%
1 Year	6.50%
2 Year	7.00%
Above 2 Yrs	Negotiable


Types of Loan	Rate of Interest (Per Annum)
Types of Loan	Prime	Others
Project Financing/Term Loan
Industry	11.50%	12.50%
Others	12.00%	13.00%
Working Capital Loan
Industry	11.00%	12.00%
Others	11.50%	12.50%
Retail Loan
Home Loan	11.00%	12.00%
Education Loan	11.50%
Vechile Loan	11.00%	11.50%
GDB Flexi Loan	11.50%	12.50%
Contract Loan	11.00%	12.50%
Other Loan	12.00%	13.00%
Bridge Gap Loan	11.50%	12.00%
Hire Purchase Loan	11.00%	12.50%
Personal Overdraft	11.00%	12.00%
Loan against Shares	10.50%	11.50%
Loan against Govt. Bonds	9.00%
Loan against Bank Guarantees	9.00%
Loan against Fixed Deposits	+2%
Consortium Financing	As per consortium decision
Types of Guarantee	Commission (Per Quarter)
Bid Bond	0.20%
Perfomance Bond	0.25%
Financial & Advance Payment Guarantee	0.25%
Minimum Chagre	Rs. 500.00
*On daily balance & Condition Apply

Foreign Exchange Rates

Interest Rates