Loan Products

Loan ProductsFixed RateFloating Rates (1 year reset)Max. Tenure (Years)
Consumer Loan (GE)11.00%9.5%5
Personal Loan15.00%13.5%5
Housing-Commercial Loan13.00%10.00%30
Home Loan-Non Commercial11.00%9.00%30
Manufacturing & Industry Loan12.75%11.5%20
Loan against Term Deposit / Fixed Deposit1% above TD Interest RateTD / FD Term
Loan against Shares12.00%11.00%15
Service & Tourism Loan11.75%8.50%20
Trade & Commerce Loan12.75%10.5%5
Transport Loan12.00%10.5%5
EDP Loan10.00%No Change5
Commercial Agriculture10.00%New Product5
OverDraft13.00%12.00%1
Working Capital Loan13.00%12.5%1
Short Term Loan(Over Draft Only)13.00%1

Retail Fixed Deposit and Fixed Deposit +

Term in yearsNormal FDFD Plus Rate
MaturityMonthlyQuarterlyHalf-yearlyYearly
3 months to less than one year5.00%NANANANA
1 year to less than 2 years6.75%6.55%6.59%6.64%6.75%
2 year to less than 3 years7.25%7.01%7.03%7.06%7.12%
3 year to less than 4 years7.50%7.24%7.25%7.28%7.32%
4 year to less than 5 years7.75%7.47%7.48%7.50%7.53%
5 year to less than 6 years8.00%7.70%7.71%7.73%7.76%
6 year to less than 7 years8.25%7.93%7.94%7.95%7.98%
7 years & Above8.50%8.16%8.17%8.18%8.21%

Terms and Conditions:

1. Interest rate on premature withdrawal of Fixed Deposits shall be 1 % less than the prevailing deposit period interest rate.

2. For FD Plus Accounts:

  • In case of premature withdrawals, the penalty amount shall be recovered from the principal amount.
  • Penalty on premature withdrawal FD+ shall be as follows:
    • Before 1 year: All the interest paid shall be recovered from the principal amount
    • After 1 year: 1% less than prevailing deposit period interest rate.
  • No partial redemptions shall be allowed.

3. The FD rates are negotiable where the cumulative FD balance is more than 50 million.

4. Any other existing terms and conditions shall remain the same.

Corporate Fixed Deposit and Fixed Deposit +

TermCorporate
Normal FDFD Plus
On MaturityMonthlyQuarterlyHalf-yearlyYearly
Up to 30 days1.00%NANANANA
31 to less than 90 days1.50%
3 months to less than 6 months3.00%
6 months to less than 1 year4.00%
1 year to less than 2 years6.00%5.84%5.87%5.91%6.00%
2 years to less than 3 years6.50%6.31%6.32%6.35%6.40%
3 years to less than 4 years7.25%7.01%7.02%7.04%7.08%
4 years to less than 5 years7.50%7.24%7.25%7.26%7.30%
5 years and Above8.00%7.70%7.71%7.73%7.76%
Terms and Conditions:

1.Interest rate on pre-mature withdrawal of the FD shall be as follows:

  • Below 30 days: 0.5% less than prevailing deposit period interest rate.
  • Above 30 days: 1% less than prevailing deposit period interest rate.

2. For FD Plus accounts:

  • In case of premature withdrawals, the penalty amount shall be recovered from the principal amount.
  • Penalty on premature withdrawal FD+ shall be as follows:
    • Before 1 year: All the interest paid shall be recovered from the principal amount
    • After 1 year: 1% less than prevailing deposit period interest rate.
  • No partial redemptions shall be allowed.

3. The FD rates are negotiable where the cumulative FD balance is more than 50 million.

4. Any other existing terms and conditions shall remain the same.

Recurring Deposit

Deposit PeriodRates (%) p.a
1 year < 2 years7.00
2 years < 3 years7.50
3 years < 5 years8.00
5 years < 7 years8.50
7 years and above8.75
Terms & Conditions
  • Interest rate on pre‐mature withdrawals will be 1% less than the prevailing deposit period interest rate.
  • Period of Deposit:
    • Minimum: 1 year

Savings Account

Savings Account TypeInterest Rate (% p.a)
Regular Savings Account4.50
Piggy Bank Account4.50
Pensioner's Account4.50
Savings Provident Fund (PF) Account6.50

Savings Account for Bhutanese Living Abroad

CurrencyRates (% p.a)
AUD2.75
Yen1.50
USD1.75
Euro1.50
GBP1.50
BTN4.50
BTN Investment5.00