KATHMANDU: Rastriya Banijya Bank (RBB) has reduced interest rate on consumer loans with immediate effect. The new interest rate on home loan is revised to 7.5 per cent per annum, on auto loan seven per cent and on educational loan 10 per cent. Consumer loan facility is now available through six branches in the valley including the head office. It plans to extend the service outside the valley. Visitors at Nepal Interior Exterior Expo-2005 will get one per cent deduction on home loan processing charge. — HNS