The maximum average interest rate on individual fixed deposits at commercial banks has dropped below 5% for the period from December 16 to January 14, 2026. Following rate reductions by 13 banks, the average maximum rate now stands at 4.834%, down 0.2065 percentage points from mid-November’s 5.0405%. Prime Commercial Bank, Global IME Bank, and Rastriya Banijya Bank implemented the largest cuts of 0.5 percentage points each. Only Global IME Bank and Himalayan Bank are offering a maximum rate of 5.5%. Institutional fixed deposit rates also declined by 0.13 percentage points.
