Hire Purchase — Top 3 by class
Lowest hire purchase headline rate per institution within Class A, B, and C; top three (lowest first) in each class.
Class A — Commercial banks
1
Std. Chartered
Standard Chartered Bank Nepal Limited
Hire Purchase Loan — BR + 2.50% to 3.50%
9.35%
2
Nepal SBI
Nepal SBI Bank Limited
Hire Purchase Loan — BR + 2.50% to 3.50%
9.95%
3
RBB
Rastriya Banijya Bank
Hire Purchase Loan — BR + 2.50% to 3.50%
10.00%
Class B — Development banks
1
Saptakoshi
Saptakoshi Development Bank Limited
Hire Purchase / Auto Loan — BR + up to 2.50%
8.85%
2
Garima
Garima Bikas Bank Limited
Hire Purchase — BR + 2% to 4%
9.30%
3
Mahalaxmi
Mahalaxmi Bikas Bank Limited
Hire Purchase Loan — BR + up to 3.75%
9.58%
Class C — Finance companies
1
Progressive Finance
Progressive Finance Limited
Auto / Hire Purchase Loan — BR + up to 3%
10.66%
Hire Purchase Loan — all BFIs
Lowest hire purchase loan headline rate published per institution. Ranked lowest first.
1
Saptakoshi
Saptakoshi Development Bank Limited
Hire Purchase / Auto Loan — BR + up to 2.50%
8.85%
2
Garima
Garima Bikas Bank Limited
Hire Purchase — BR + 2% to 4%
9.30%
3
Std. Chartered
Standard Chartered Bank Nepal Limited
Hire Purchase Loan — BR + 2.50% to 3.50%
9.35%
4
Mahalaxmi
Mahalaxmi Bikas Bank Limited
Hire Purchase Loan — BR + up to 3.75%
9.58%
5
Shangrila
Shangrila Development Bank Limited
Hire Purchase Loan — BR + up to 3.99%
9.75%
6
Muktinath
Muktinath Bikas Bank Limited
Hire Purchase Loan — BR + 2.00% to 4.00%
9.83%
7
Nepal SBI
Nepal SBI Bank Limited
Hire Purchase Loan — BR + 2.50% to 3.50%
9.95%
8
RBB
Rastriya Banijya Bank
Hire Purchase Loan — BR + 2.50% to 3.50%
10.00%
9
Lumbini
Lumbini Bikas Bank Limited
Hire Purchase Loan — BR + 1.5% to 4%
10.00%
10
Nabil Bank
Nabil Bank Limited
Hire Purchase Loan — BR + 2.50% to 3.50%
10.05%
11
HBL
Himalayan Bank Limited
Hire Purchase Loan — BR + 2.50% to 3.50%
10.15%
12
Everest Bank
Everest Bank Limited
Hire Purchase Loan — BR + 2.50% to 3.50%
10.30%
13
ADBL
Agricultural Development Bank Limited
Hire Purchase Loan — BR + 2.50% to 3.50%
10.35%
14
Nepal Bank
Nepal Bank Limited
Hire Purchase Loan — BR + 2.50% to 3.50%
10.40%
15
Citizens Bank
Citizens Bank International Limited
Hire Purchase Loan — BR + 2.50% to 3.50%
10.45%
16
NIMB
Nepal Investment Mega Bank Limited
Hire Purchase Loan — BR + 2.50% to 3.50%
10.45%
17
Sanima Bank
Sanima Bank Limited
Hire Purchase Loan — BR + 2.50% to 3.50%
10.45%
18
Laxmi Sunrise
Laxmi Sunrise Bank Limited
Hire Purchase Loan — BR + 2.50% to 3.50%
10.50%
19
NMB Bank
NMB Bank Limited
Hire Purchase Loan — BR + 2.50% to 3.50%
10.50%
20
NIC Asia
NIC Asia Bank Limited
Hire Purchase Loan — BR + 2.50% to 3.50%
10.55%
21
Siddhartha Bank
Siddhartha Bank Limited
Hire Purchase Loan — BR + 2.50% to 3.50%
10.55%
22
Global IME
Global IME Bank Limited
Hire Purchase Loan — BR + 2.50% to 3.50%
10.60%
23
Prime Bank
Prime Commercial Bank Limited
Hire Purchase Loan — BR + 2.50% to 3.50%
10.60%
24
Progressive Finance
Progressive Finance Limited
Auto / Hire Purchase Loan — BR + up to 3%
10.66%
25
Kumari Bank
Kumari Bank Limited
Hire Purchase Loan — BR + 2.50% to 3.50%
10.70%
26
MBL
Machhapuchchhre Bank Limited
Hire Purchase Loan — BR + 2.50% to 3.50%
10.75%
27
Prabhu Bank
Prabhu Bank Limited
Hire Purchase Loan — BR + 2.50% to 3.50%
10.90%
28
Miteri
Miteri Development Bank Limited
Hire Purchase Loan — BR + up to 4%
10.95%