In Magh, commercial banks maintained their interest rate profiles. Commercial banks offered a maximum interest rate of 10.05 percent on fixed deposits, with the exception of Standard Chartered Bank. SCB has only given a maximum interest rate of 9.5 percent on fixed deposits.
Institutions, on the other hand, were granted a maximum rate of 9.05 percent on fixed deposits.
Meanwhile, for the month of Magh, development banks preserved the maximum interest rate on fixed deposits (individuals) at 10.35 percent. The highest rate was 10.25 percent in the month of Poush. Institutions were offered not more than 9.35 percent p.a. in the month of Magh. The highest rate was 9.25 percent in the month of Poush.