This is to inform our valued clients that the Board and Management of BIL have revised the lending interest rates based on the Company's Minimum Lending Rate (MLR), effective 1 July 2026.
The revised lending interest rates include reductions for the following loan products:
| Sl. No. | Loan Product | Current interest rate (p.a.) | Revised interest rate (p.a.) |
| 1 | Overdraft loan | 13.50% | 12.30% |
| 2 | Personal Mortgaged loan | 13.50% | 13.41% |
| 3 | Forestry & Logging | 12.45% | 11.60% |
| 4 | Mining & Quarrying | 12.45% | 11.94% |
| 5 | Hotel & Tourism (Service) | 11.90% | 10.80% |
| 6 | Service Sector (others) | 12.45% | 11.86% |
| 7 | Loan to Contractors | 12.45% | 12.18% |
| 8 | Transport loan (non-commercial) | 12.50% | 12.37% |
| 9 | Home loan | 11.90% | 11.67% |
| 10 | Loan against shares & securities | 12.25% | 11.78% |
The revised lending interest rates shall be applicable as follows:
i. New Clients
- The revised interest rates shall apply to all new loan clients with effect from 1 July 2026.
ii. Existing Loan Clients (Interest Rate Reduction Only)
- Existing loan clients shall be eligible for the revised interest rates subject to the following conditions:
a) Loan accounts classified under the Standard Bucket (0–30 days overdue) as of 30th June’ 2026 will automatically receive the applicable interest rate reduction.
b) Loan accounts classified under the Watch and Non-Performing Loan (NPL) Bucket (31 days and above overdue) will be eligible for the revised interest rates only after the loan account has been regularized to the Standard Bucket and upon submission of a written application.
For further information, please visit your nearest BIL branch or the Head Office during working hours.
MANAGEMENT
