Royal Insurance Corporation of Bhutan Limited (RICB) is pleased to announce the revised lending rates based on the MLR as follows:-
| Loan Portfolio | Current Interest Rate (%) | New Interest Rate (% ) |
| Industrial Loan | 13.75% | 12.00% |
| Personal Loan | 14.00% | 13.00% |
| Housing Loan | 13.50% | 12.00% |
| Business Loan | 14.00% | 12.50% |
| Card Loan | 14.50% | 13.50% |
| CRCS Loan | 14.00% | 13.00% |
| Loan against Shares | 13.50% | 12.50% |
| Transport Loan | 13.50% | 12.50% |
| Personal Car Loan | 13.75% | 13.00% |
| EDP Loan | 12.00% | 12.00% |
| PPF Loan | 13.00% | 12.00% |
RICB introduced the floating interest rate on 1st June 2015, and again with the adoption of Minimum Lending Rate, RICB is further revising the lending rate for the 2nd time with effect from 1st October 2016. These rates are subject to revision on half yearly basis depending on the MLR as advised by the Royal Monetary Authority of Bhutan (RMA).
Management