Introduction 

Fixed Deposit Account are high interest bearing accounts where customers make deposits for stipulated time duration. The duration of deposit may be as short as 3 months and as long as the customer desires to make a deposit.

Common Features and benefits of Fixed Deposit

  • Attractive Interest Rates
  • Interest payment monthly or quarterly
  • Flexibility in terms of tenure.
  • Auto Renewal Possible (Depending upon bank's policy)
  • Loan Facility upto 90% of Deposit Amount
  • Premature charge applicable in case of terminating FD before its maturity date.

Eligibility Criteria

  • General public of all ages, income levels, and any gender having saving account with the Bank
  • Should have an existing account with the bank

Required Documents

  • Two Passport photograph (for new customer)
  • Completed FD account opening form
  • Valid means of identification; Citizenship ID or Passport
  • National ID (NID) Number
  • Birth Certificate or age verifying document in case of minor and copy of Citizenship of the Guardian
  • Power of Attorney (If the account operator is other than the account holder/applicant)

The 50/30/20 budget

Rs.

Your 50/30/20 Numbers

  • Rs 0
  • Rs 0
  • Rs 0
Deposit Account
Siddhartha Bank

Siddhartha Muddati Khata

  • Minimum Balance - Rs. 100,000

  • Interest Rate – 3% - 4.25%

  • Tenure - 3 Months - above 2 Years

Deposit Account
Global IME Bank

Global General Fixed Deposit

  • Minimum Balance - Rs. 10,000

  • Interest Rate – 3% - 4.5%

  • Tenure - 3 Months - 3 Years and above Months

Deposit Account
Everest Bank Ltd.

Normal Fixed Deposit

  • Minimum Balance - Rs. 10,000

  • Interest Rate – 2.75% - 4.25%

  • Tenure - 3 Months - Above 5 Years

Deposit Account
Sanima Bank

Fixed Deposit

  • Minimum Balance - Rs. 10,000

  • Interest Rate – 2.8% - 4.5%

  • Tenure - 3 Months - Above 3 Years

Deposit Account
Nabil Bank

Cumulative Fixed Deposit

  • Minimum Balance - Rs. 10,000

  • Interest Rate – 2.85%

  • Tenure - 1 Year

Deposit Account
Everest Bank Ltd.

CUMULATIVE DEPOSIT SCHEME

  • Minimum Balance - Rs. 5,000

  • Interest Rate – 2.75% - 4.25%

  • Tenure - 3 Months - Above 5 Years

Deposit Account
Nabil Bank

Regular Fixed Deposit

  • Minimum Balance - Rs. 10,000

  • Interest Rate – 2.8% - 4.55%

  • Tenure - 3 Months - Above 5 Years

Deposit Account
Nepal Bank Limited

Fixed Account

  • Minimum Balance - Rs. 25,000

  • Interest Rate – 2.75% - 4.5%

  • Tenure - 3 Months - upto 5 Years

Deposit Account
Laxmi Sunrise Bank

Fixed Deposit

  • Minimum Balance - Rs. 100,000

  • Interest Rate – 3% - 4.5%

  • Tenure - 3 Months - above 2 Years

Deposit Account
Agriculture Development Bank

Mero Khusi Mero Bhavishya Fixed Deposit

  • Minimum Balance - Rs. 1,000,000

  • Interest Rate – 2.85%

  • Tenure - 6 Months

Deposit Account
Machhapuchhre Bank Limited

MBL Fixed Deposit Account

  • Minimum Balance - Rs. 50,000

  • Interest Rate – 2.76% - 4.5%

  • Tenure - 3 Months - above 3 Years

Deposit Account
Nepal Investment Mega Bank

Normal Fixed Deposit

  • Minimum Balance - Rs. 100,000

  • Interest Rate – 3% - 4.5%

  • Tenure - 3 Months - above 2 Years

Deposit Account
Standard Chartered Bank

Fixed Deposit

  • Minimum Balance - Rs. 10,000

  • Interest Rate – 2.75% - 4.11%

  • Tenure - 3 Months - 5 Years

Deposit Account
Nepal SBI Bank

101 Days Fixed deposit

  • Minimum Balance - Rs. 100,000

  • Interest Rate – --

  • Tenure -

Deposit Account
Nepal SBI Bank

201 days fixed deposit

  • Minimum Balance - Rs. 100,000

  • Interest Rate – --

  • Tenure -

Deposit Account
Citizens Bank

Citizens Fixed Deposit, 3 month and above, INDIVIDUAL (NPR)

  • Minimum Balance - Rs. 10,000

  • Interest Rate – 2.85% - 4.5%

  • Tenure - 3 Months - above 1 Years

Deposit Account
Himalayan Bank

Fixed Deposit

  • Minimum Balance - Rs. 10,000

  • Interest Rate – 2.8% - 5%

  • Tenure - 3 Months - 10 Years

Deposit Account
Prabhu Bank

Fixed Accounts

  • Minimum Balance - Rs. 5,000

  • Interest Rate – 2.75% - 4.55%

  • Tenure - 6 Months - above 10 Years

Deposit Account
Prime Commercial Bank

Prime Individual Fixed Deposit

  • Minimum Balance - Rs. 0

  • Interest Rate – 3% - 4.15%

  • Tenure - 3 Months - above 1 Years

Deposit Account
Rastriya Banijya Bank

Fixed Account

  • Minimum Balance - Rs. 5,000

  • Interest Rate – 3.5% - 5%

  • Tenure - 3 Months - above 3 Years

Deposit Account
Agriculture Development Bank

General Fixed Deposit

  • Minimum Balance - Rs. 10,000

  • Interest Rate – 2.75% - 4.15%

  • Tenure - 3 Months - 3 Years

Deposit Account
Nepal SBI Bank

DHANVRIDDHI BACHAT YOJANA

  • Minimum Balance - Rs. 5,000

  • Interest Rate – 3% - 4.25%

  • Tenure - 6 Months - 3 Years

Deposit Account
NMB Bank

Fixed Deposit

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75% - 5%

  • Tenure - 3 Months - Above 5 Years

Deposit Account
NIC Asia

Sarbashrestha Muddati Khata

  • Minimum Balance - Rs. 10,000

  • Interest Rate – 2.75% - 5%

  • Tenure - 3 Months - 18 Years

Deposit Account
Kumari Bank Limited

Normal Fixed Deposit

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75% - 3.92%

  • Tenure - 3 Months - 3 Years

Deposit Account
Nepal SBI Bank

General Fixed Deposit

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.82% - 4.25%

  • Tenure - 3 Months - 3 Years

Deposit Account
Muktinath Bikas Bank

Individual Fixed Deposit

  • Minimum Balance - Rs. 5,000

  • Interest Rate – 2.75% - 5.15%

  • Tenure - 6 Months - 10 Years

Deposit Account
Garima Bikas Bank

Fixed Deposit Individual

  • Minimum Balance - Rs. 10,000

  • Interest Rate – 2.75% - 5.43%

  • Tenure - Below 6 Months - Above 2 Years

Deposit Account
Lumbini Bikas Bank

Individual Fixed Deposit

  • Minimum Balance - Rs. 10,000

  • Interest Rate – 3.5% - 5.11%

  • Tenure - 1 Year - Above 1 Years

Deposit Account
Garima Bikas Bank

Garima Swornim Nikcchep Yojana

  • Minimum Balance - Rs. 10,000

  • Interest Rate – 3%

  • Tenure - 3 Months

Deposit Account
Jyoti Bikas Bank

Individual Fixed Deposit

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75% - 5.11%

  • Tenure - 3 Months - Above 3 Years

Deposit Account
Kamana Sewa Bikas Bank

Individual Fixed Deposit

  • Minimum Balance - Rs. 10,000

  • Interest Rate – 2.75% - 5.11%

  • Tenure - 3 Months - Above 2 Years

Deposit Account
Shine Resunga Development Bank

Individual Fixed Deposit

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75% - 5.11%

  • Tenure - 6 Months - above 2 Years

Deposit Account
Shangri-la Development Bank

Individual Fixed Deposit

  • Minimum Balance - Rs. 10,000

  • Interest Rate – 2.75% - 5.11%

  • Tenure - 3 Months - above 3 Years

Deposit Account
Mahalaxmi Bikas Bank

Individual Fixed Deposit

  • Minimum Balance - Rs. 0

  • Interest Rate – 3% - 5.15%

  • Tenure - 6 Months - above 3 Years

Deposit Account
Garima Bikas Bank

Sunaulo Bhabisya Baal Nikchhyap Yojana

  • Minimum Balance - Rs. 100

  • Interest Rate – 3%

  • Tenure - 3 Months

FAQ'S

A Fixed Deposit (FD) is the most stable investment option in today's investment market. As the interest rates do not fluctuate based on market and economic conditions, an FD is better than mutual funds, stocks and other investments.

  • Fixed Returns
  • Low Risk Level
  • High interest rate
  • Collateral Ability
  • Ease of investing

  • Individuals
  • Minors
  • Trusts
  • Associations
  • Clubs
  • Societies

Every fixed deposit account has minimum and maximum limits. These amounts vary from bank to bank. Most banks will allow you to start an FD with as low as Rs 10,000.

High-interest rates and a tax-saving facility are some of the best benefits of an FD. A recurring deposit is best for those who prefer to invest small amounts.

  • Customers can open fixed deposit account by visiting bank.
  • Also, customers who have a normal savings account can open a Fixed Deposit Account through mobile banking, internet banking.

Yes, However, you will be charged a penalty for such premature withdrawals.

The penalty depends on the bank's policy.

 

A fixed deposit (FD) is a financial product offered by banks to their customers at a higher interest rate than a regular savings account. It is a type of investment in which the account holder deposits a specific amount with the bank at a fixed interest rate for a set period of time. The bank pays the customer interest on this amount until it reaches maturity.