Nepal’s housing finance sector is becoming increasingly competitive as banks introduce lower-interest lending products. In 2082 BS (2026 AD), Mahalaxmi Bikas Bank Limited launched its “Mahalaxmi Home Loan 6.99” scheme, offering an introductory interest rate of 6.99 percent per year. The program aims to help middle-class families move from renting to home ownership. The loan includes a fixed interest rate for seven years, giving borrowers greater financial certainty. The offer comes at a time when Nepal’s central bank has maintained a stable base rate environment, allowing banks with strong liquidity to introduce more competitive lending rates.
