CITIZENS BANK INTEREST RATE

Citizens Bank Interest Rate

Citizens Bank Interest Rate Chaitra 2080

Citizens Bank Interest Rate has been published for deposit and loan products effective from 1st Chaitra 2080.  The Citizens Bank International Limited will pay  maximum 6% on saving account product. Furthermore, depositors can get maximum 9.50% on international remittance fixed deposit account which has  Rs. 25,000.00 minimum balance. 

Citizens Bank Base Rate Chaitra 2080

Base Interest Rate for the month of Chaitra 2080 is 9.85%

Citizens Bank Interest Rate on Saving Accounts

 Deposit  AccountsMinimum BalanceInterest Rate
Citizens Normal SavingsNil3.65%
Citizens Mahila Bachat5003.65%
Citizens Muna Bachat (Only for Minors)1003.65%
Citizens Matribhumi Bachat1003.65%
Citizens Senior Citizens SavingsNil3.65%
Citizens G2P Savings AccountNil3.65%
Citizens Branchless BachatNil3.65%
Citizens Ghar Dailo Savings5003.65%
Citizens Dasak Savings5003.65%
Citizens Saral Bachat Khata (CSBK)1003.65%
Citizens Bishesh Bachat Khata1003.65%
Citizens Smart Bachat KhataNil3.65%
Citizens Tinau Mission MF Savings AccountNil3.65%
Microfinance Personal Savings AccountNil3.65%
Citizens Enterprise Fund AccountNil4.65%
Citizens Samrakshit Bachat Khata1,0004.65%
Citizens Privilege Savings Khata100,0005.65%
Citizens Talab Bachat KhataNil5.65%
Citizens International Remittance Saving account50005.65%
Citizens Share Lagani KhataNil5.65%
Remittance Ipo Savings Account10005.65%

Citizens Bank Interest Rate on FCY Saving Account

 Deposit  AccountsMinimum BalanceInterest Rate
USD204.25%
Euro203.00%
GBP103.25%
AUD103.50%

Citizens Interest Rate on FCY Fixed Deposit Accounts

Deposits AccountsInstitutionalIndividual
USD5.50%5.50%
AUD4.50%4.50%
GBP4.75%4.75%
EURO4.00%4.00%

Citizens Overseas FCY Fixed Deposit (1 Year and above**)

Citizens Bank Interest Rate on Call Deposit FCY

GBPNegotiable as per NRB Directive
EURONegotiable as per NRB Directive
USDNegotiable as per NRB Directive
AUDNegotiable as per NRB Directive
Citizens Tinau Mission MF Call AccountUp to 1.825%
Citizens Call Deposit (NPR)Up to 1.825%

Citizens Bank Interest Rate on Ekmustha Muddati Yojana (CEMY)

 Deposit  AccountsMinimum BalanceInterest Rate
3 months and below 6 months250006.50%
6 months and below 12 months250006.75%
12 months and below 24 months250007.75%
12 months and above250007.75%
Citizen Xtra Fixed deposit (CXFD) 1 year and above100,0007.75%

Citizens Bank Interest Rate on International Remittance Fixed Deposit

 Deposit  AccountsMinimum BalanceInterest Rate
3 months and below 6 months25,000.007.50%
6 months and below 12 months25,000.007.75%
12 months and below 24 months*25,000.008.75%
24 months and above*25,000.008.75%

Citizens Bank Interest Rate Fixed Deposit Interest (NPR)

 Deposit  AccountsMinimum BalanceInterest Rate
3 months and below 6 months 6.50%
6 months and below 12 months 6.75%
12 months and below 24 months* 7.75%
24 months and above* 7.75%

Citizens Bank Interest Rate on Recurring Deposit (NPR)- Individual

Citizens Recurring Deposit(NPR) – IndividualRate
6 months and below 1 year6.75%
1 year and above7.75%

Citizens Bank Interest Rate on Recurring Deposit (NPR) - Institutional

Citizens Fixed Deposit (NPR) – Institutional Rate
6 months and below 12 months5.50%
12 months and above6.15%

Citizens Bank Interest Rate on Recurring Deposit (NPR)

Citizens Recurring Deposit(NPR)Rate
6 months and below 1 Year5.65%
1 Year upto 10 Years6.15%
Citizens Bank Interest Rate on Loan

Corporate Loan

LOAN NAMEPremium ( % p.a.) on Base Rate
Term LoanUpto 3.00%
OverdraftUpto 3.00%
Working Capital Loan/ Short Term Loan/ Demand Loan/ Bridge Gap Loan/ Pledge LoanUpto 3.00%
Trust Receipt LoanUpto 3.00%
Export FinanceUpto 3.00%

Consumer Loan

LOAN NAMEPremium ( % p.a.) on Base Rate
Citizens Mortgage Loan(Term Loan)Upto 3.50%
Citizens Auto Loan (Private)Upto 3.00%
Citizens Auto Loan (Commercial)Upto 4.00%
Citizens Home LoanUpto 3.00%
Citizens Education LoanUpto 3.00%
Citizens Margin LendingUpto 4.00%
Citizens Gold LoanUpto 4.00%
Citizens Bina Dhito KarjaUpto 4.00%
Citizens Equipment LoanUpto 4.00%
Citizens One District One Product (ODOP)Upto 4.00%
Citizens Fast Track Loan (CFTL)Upto 4.00%
Citizens Mortgage Loan(Overdraft)Upto 3.50%
Citizens Agriculture & Enterprise LoanUpto 2.00%

SME Loan

LOAN NAMEPremium ( % p.a.) on Base Rate
Citizens SME LoanUpto 3.00%

MSME Loan

LOAN NAMEPremium ( % p.a.) on Base Rate
Citizens MSME LoanUpto 3.00%

Other Loans

LOAN NAMEPremium ( % p.a.) on Base Rate
Other Loan / Force LoanUpto  8.00%
Loan against first-class Bank GuaranteeUpto  4.00%
Loan against Government BondHigher of Coupon rate + 2% or Base rate + 2%
Loan against Citizens Fixed Deposit Receipt and Promissory NoteHigher of FD rate + 2% or Base rate + 2%
NPR Loan Against FCY Fixed Deposit ReceiptHigher of Coupon rate + 2% or Base rate + 2%
Consortium FinancingAs per consortium decision
Deprived Sector LoanUpto 4.00%
Subsidized LoanAs Defined by NRB
FCY TR / Import LoanUpto 8.00%

 

Fixed Interest Loan for Consumer Loan Products

LOAN NAMEUpto 5 years6-10 years11-15 years16 years and above
Citizens Housing Loan  12.50% 
Citizens Home Loan12.00%12.25%12.50%12.75%
Citizens Mortgage Term Loan12.50%12.75%13.00% 
Citizens Education Loan12.50%12.75%13.00% 
Citizens Equipment Loan12.50%   

Citizens Home Loan

7 Years Fixed Interest Rate 10.99%  

 

Citizens Auto Loan

LOAN NAMEUpto 5 years6-10 years11-15 years
Private12.50%12.75% 
Commercial12.75%  
Citizens Fast Track Loan (CFTL) –Term12.75%13.00% 
Citizens Bina Dhito Karja –Term13.00%  
Citizens One District One Product (ODOP) –Term12.75%13.00% 
Citizens Microfinance Loan12.00%-14.00%  

 

MSME/SME/Corporate Loans

Loan NameUpto 5 years6-10 years11-15 years
Working Capital Term Loan12.00%12.50% 
Term Loan12.00%12.50%13.00%
Note:
Premium rate of each borrower shall be determined subject to loan type/category, tenure of each deal/loan, Internal Credit Risk Grading etc.                      FCY TR/ Import loan rate is net effective  and not associated  with Base rate.
**Citizens overseas FCY  FD: Min. Fixed Deposit amount is USD 1,000 or  equivalent. Addition 1% for NRN and  Remittance.
Interest Payment Frequency on Deposits: Quarterly/ Monthly*
For Institutional Bidding Fixed Deposit (LCY and FCY), additional  0.50� provided  as per NRB  Directive.

Interest rate range in similar nature loan product shall be in line with NRB Circular- Bai. Bi. Ni. Bi/Niti/Paripatra/03/080/81 dated 2080/06/18.

 FCY TR/ Import Loan rate is net effective rate and not associated  with  Base rate.