Remittance Fixed Deposit

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Remittance Fixed Deposit Account

Remittance Fixed Deposit

Remittance Fixed Deposit is for the individuals working abroad or family members of remittance earning individuals with source of income as remitted funds who wants to invest in Fixed Deposits for higher rate of return View More

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Best Rates for Baisakh

S.N. Bank Name Product Interest Rate
1 Kamana Sewa Bikas Bank Remittance Fixed Deposit 9%
2 Mahalaxmi Bikas Bank Remittance Fixed Deposit 8.75%
3 Shine Resunga Development Bank Remittance Fixed Deposit 8.75%
4 Shangri-la Development Bank Remittance Fixed Deposit 8.75%
5 Jyoti Bikas Bank Remittance Fixed Deposit 8.75%

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Remittance Fixed Deposit

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Minimum Balance

Rs. 10,000

Interest Rate

7.25% - 8.25%

Tenure

3 Months - above 1 Years

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Global IME Remitters Term Deposit

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Minimum Balance

Rs. 10,000

Interest Rate

6.5% - 8%

Tenure

3 Months - Above 1 Years

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Remittance Fixed Deposit

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Minimum Balance

Rs. 10,000

Interest Rate

7.5% - 8%

Tenure

3 Months - Above 2 Years

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Common Features and benefits of  Remittance Fixed Deposit

  • Interest payment monthly or quarterly
  • Attractive Interest Rates
  • Flexibility in terms of tenure
  • Credit facility up to 90% of Fixed Deposit to meet short term financial needs
  • Interest Calculation on daily balance
  • Free Cheque Book Issuance
  • Free ABBS
  • Free Balance Certificate
  • Free Account Statement             

Eligibility Criteria

  • Nepalese Individuals who are working on Foreign Country and their Own Family Members

Required Documents 

  • Receipt of the remittance amount (International Remittance only) of fund received from foreign employment.
  • SWIFT document/ proof
  • Any other document which verifies that the amount has been received through remittance channels from foreign employment.

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