Loan Products
| Loan Products | Fixed Rate | Floating Rates (1 year reset) | Max. Tenure (Years) | ||
|---|---|---|---|---|---|
| <= 5 Years | >5 & <=10 Years | > 10 & <=20 Years | |||
| Consumer Loan (GE) | 11.00% | 9.5% | 5 | ||
| Personal Loan | 14.00% | 13.5% | 5 | ||
| Housing-Commercial Loan | 12.5% | 12.75% | 13.00% | 10.00% | 20 |
| Home Loan-Non Commercial | 10.5% | 10.75% | 11.00% | 9.00% | 20 |
| Manufacturing & Industry Loan | 11.75% | 12.00% | 11.5% | 10 | |
| Loan against Term Deposit / Fixed Deposit | 1% above TD Interest Rate | TD / FD Term | |||
| Loan against Shares | 12.00% | 11.00% | 5 | ||
| Service & Tourism Loan | 12.00% | 12.25% | 12.5% | 8.50% | 20 |
| Trade & Commerce Loan | 12.5% | 10.5% | 5 | ||
| Transport Loan | 12.00% | 10.5% | 5 | ||
| EDP Loan | 10.00% | No Change | 5 | ||
| Commercial Agriculture | 10.00% | New Product | 5 | ||
| OverDraft | 13.00% | 12.00% | 1 | ||
| Working Capital Loan | 13.00% | 12.5% | 1 | ||
Fixed Deposit and Fixed Deposit + i
| Term | Retail (%) | Corporate (%) | FD + (%) |
|---|---|---|---|
| Less than 181 days | N/A | Negotiable | Minimum 3 Years |
| 181 days to less than 1 year | 5.5 | ||
| 1 to less than 2 years | 6.00 | 5.00 | |
| 2 to less than 3 years | 6.50 | 6.00 | |
| 3 to less than 4 years | 7.25 | 7.25 | 7.00 |
| 4 to less than 5 years | 7.50 | 7.50 | 7.25 |
| 5 to less than 6 years | 7.75 | 7.75 | 7.5 |
| 6 to less than 7 years | 8.00 | 8.00 | 7.75 |
| 7 to less than 8 years | 8.25 | 8.25 | 8.00 |
| 8 to less than 9 years | 8.50 | 8.50 | 8.25 |
| 9 to less than 10 years | 8.75 | 8.75 | 8.50 |
| 10 years and above | 9.00 | 9.00 | 8.75 |
Terms and Conditions
- The Deposit rates on Corporate Entity, whose total deposit with the bank exceeds Nu.50 million will be subject to NEGOTIATION.
- Interest rate on pre-mature withdrawal of deposits will be 1% less than the prevailing deposit period interest rate. If the penalty is more than the interest accrued, the penalty will be charged to the extent of interest accrued only.
- The frequency of interest payment on FD Plus for
- Corporate shall be Yearly
- Retail/Individual deposits shall be Monthly/Quarterly/Half-yearly/Yearly.
Recurring Deposit
| Deposit Period | Rates (%) p.a |
|---|---|
| 1 year < 2 years | 7.00 |
| 2 years < 3 years | 7.50 |
| 3 years < 5 years | 8.00 |
| 5 years < 7 years | 8.50 |
| 7 years and above | 8.75 |
Terms & Conditions
- Interest rate on pre‐mature withdrawals will be 2% less than the prevailing deposit period interest rate.
- Period of Deposit:
- Minimum: 1 year
Savings Account
| Savings Account Type | Interest Rate (% p.a) |
|---|---|
| Regular Savings Account | 5.00 |
| Piggy Bank Account | 5.00 |
| Pensioner's Account | 5.00 |
| Savings Provident Fund (PF) Account | 6.50 |
Non Resident Bhutanese Foreign Currency (NRBFC)
Savings Account
| Currency | Rates (% p.a) |
|---|---|
| AUD | 2.00 |
| Yen | 0.75 |
| SGD | 0.75 |
| USD | 1.00 |
| CAD | 0.75 |
| Euro | 0.75 |
| GBP | 0.75 |
| CHF | 0.75 |
| HKD | 0.75 |