Introduction 

A Normal Saving Account is the most common type of savings account in Nepal, offering a safe place to store money while earning interest. It usually has low minimum balance requirements, easy deposit and withdrawal options, and flexibility for everyday banking needs, making it ideal for personal savings management.

Common Features and Benefits of Normal Savings Account

  • Free Cheque book on demand.
  • Mobile Banking/Internet banking on demand
  • Debit Card on request.
  • No restriction on the number and amount of withdrawals/deposits.

Eligibility Criteria

  • Nepalese individuals above the age of 18 are only eligible.

Required Documents 

  • Complete Account Opening Form
  • Personal identification such as passport/citizenship and National ID Number.
  • Recent passport-size photographs of the account holder.
  • Additional Identification document of the account holder, such as a utility bill (electricity/telephone), PAN card, driving license, or voter identity card etc., for KYC purposes
  • Declaration of nominee with personal identification and a passport-size photograph

Recurring Deposit(RD) Calculator

Nrs
%
months

Compounding Frequency

RD Calculator Result

  • 10000
  • 10000
  • *Please note that 6% tax shall be applicable as per current tax policy.

Deposit Account
Siddhartha Bank

Siddhartha Gen- Z Saving Account

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.76%

  • Features - Insurance cover..View All

Deposit Account
Siddhartha Bank

Siddhartha Platinum Bachat

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.76%

  • Features - Attractive inte..View All

Deposit Account
Siddhartha Bank

Sajilo Bachat Khata

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.76%

  • Features - Attractive inte..View All

Deposit Account
Global IME Bank

Global Branchless Banking Savings Account

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75%

  • Features - Free Cheque Boo..View All

Deposit Account
Himalayan Bank

Normal Saving Account

  • Minimum Balance - Rs. 2,500

  • Interest Rate – 2.75%

  • Features - Interest in sav..View All

Deposit Account
Global IME Bank

Sabai Nepaliko Bachat Khata

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75%

  • Features - Free Cheque boo..View All

Deposit Account
Machhapuchhre Bank Limited

M’Smart Bachat Khata

  • Minimum Balance - Rs. 0

  • Interest Rate – 3%

  • Features - Interest Paymen..View All

Deposit Account
Sanima Bank

Sanima Sulav Saving

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75%

  • No features available

Deposit Account
Nabil Bank

Nabil Dhukka Bachat Khata

  • Minimum Balance - Rs. 100,000

  • Interest Rate – 2.8%

  • Features - Cheque BookView All

Deposit Account
Kumari Bank Limited

Nagarik Bachat Khata

  • Minimum Balance - Rs. 500

  • Interest Rate – 2.75%

  • Features - Debit Card: As..View All

Deposit Account
Nabil Bank

Nabil Sahuliyat Khata

  • Minimum Balance - Rs. 100

  • Interest Rate – 2.75%

  • Features - Free Cheque Boo..View All

Deposit Account
Prime Commercial Bank

Prime Saving

  • Minimum Balance - Rs. 50,000

  • Interest Rate – 2.76%

  • Features - On Demand State..View All

Deposit Account
Nabil Bank

Nabil Gen-N Account

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75%

  • Features - Free Account St..View All

Deposit Account
Nepal SBI Bank

SARAL BACHAT KHATA

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75%

  • Features - Free Cheque Boo..View All

Deposit Account
Nepal SBI Bank

RAKSHAK BACHAT KHATA

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.78%

  • Features - Free Cheque Boo..View All

Deposit Account
Prime Commercial Bank

Prime Samridhi Bachat Khata

  • Minimum Balance - Rs. 100

  • Interest Rate – 2.76%

  • Features - Free Cheque Boo..View All

Deposit Account
Nepal Bank Limited

Santati Saving Account

  • Minimum Balance - Rs. 0

  • Interest Rate – 3%

  • Features - Free standing i..View All

Deposit Account
Prime Commercial Bank

Prime Supreme Bachat Khata

  • Minimum Balance - Rs. 5,000

  • Interest Rate – 4.01%

  • Features - Cheque BookView All

Deposit Account
Nabil Bank

Nabil General Savings

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75%

  • Features - Free Cheque Boo..View All

Deposit Account
Laxmi Sunrise Bank

Special Care Account

  • Minimum Balance - Rs. 100

  • Interest Rate – 2.76%

  • Features - Free Mobile Mon..View All

Deposit Account
Prime Commercial Bank

Prime Surakshit Bachat Khata

  • Minimum Balance - Rs. 2,500

  • Interest Rate – 2.76%

  • Features - Free Cheque Boo..View All

Deposit Account
Machhapuchhre Bank Limited

MBL Smart Bachat Khata

  • Minimum Balance - Rs. 1,000

  • Interest Rate – 2.75%

  • Features - Free Subscripti..View All

Deposit Account
NIC Asia

Sarbashrestha Bachat Khata

  • Minimum Balance - Rs. 100,000

  • Interest Rate – 2.75%

  • Features - Insurance benef..View All

Deposit Account
Machhapuchhre Bank Limited

MBL Normal Saving Account

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75%

  • Features - Interest Paymen..View All

Deposit Account
Agriculture Development Bank

General Saving Account

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75%

  • Features - Visa card, mobi..View All

Deposit Account
Nepal Bank Limited

Normal Saving Account

  • Minimum Balance - Rs. 500

  • Interest Rate – 2.75%

  • Features - VISA Debit Card..View All

Deposit Account
Agriculture Development Bank

Sambridhi Bachat Khata

  • Minimum Balance - Rs. 25,000

  • Interest Rate – 4.13%

  • Features - Free Cheque boo..View All

Deposit Account
NMB Bank

NMB jeevan chakra

  • Minimum Balance - Rs. 5,000

  • Interest Rate – 2.75%

  • Features - Auto transition..View All

Deposit Account
Agriculture Development Bank

Krishak Bachat Khata

  • Minimum Balance - Rs. 500

  • Interest Rate – 3.9%

  • Features - Free Cheque boo..View All

Deposit Account
NMB Bank

NMB Umanga Bachat

  • Minimum Balance - Rs. 100

  • Interest Rate – 2.75%

  • Features - Debit Card Char..View All

Deposit Account
Standard Chartered Bank

Amulya Bachat Khata

  • Minimum Balance - Rs. 100,000

  • Interest Rate – 2.77%

  • Features - Initial Deposit..View All

Deposit Account
Nepal SBI Bank

SWARNIM BACHAT KHATA

  • Minimum Balance - Rs. 5,000

  • Interest Rate – 2.76%

  • Features - Free Cheque Boo..View All

Deposit Account
Prabhu Bank

Normal Saving

  • Minimum Balance - Rs. 1,000

  • Interest Rate – 2.75%

  • Features - Debit Card, Mob..View All

Deposit Account
Nepal Bank Limited

Green Saving Deposit Account

  • Minimum Balance - Rs. 1,000

  • Interest Rate – 3.5%

  • Features - VISA Debit Card..View All

Deposit Account
Citizens Bank

Citizens Normal Savings

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.76%

  • Features - Suitable Accoun..View All

Deposit Account
Kumari Bank Limited

Pariwar Surakshya Bachat Khata

  • Minimum Balance - Rs. 10,000

  • Interest Rate – 2.75%

  • Features - Debit Card: Fre..View All

Deposit Account
Prabhu Bank

Welcome Savings

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75%

  • Features - Free issuance o..View All

Deposit Account
Nepal Investment Mega Bank

NIMB Online Saving Account

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75%

  • Features - Cheque Book : F..View All

Deposit Account
Kumari Bank Limited

Swastha Jeevan Bachat Khata

  • Minimum Balance - Rs. 5,000

  • Interest Rate – 2.75%

  • Features - Debit Card: 1st..View All

Deposit Account
Nepal Investment Mega Bank

Lotus Savings Account

  • Minimum Balance - Rs. 2,500

  • Interest Rate – 2.75%

  • Features - Minimum Balance..View All

Deposit Account
Nepal Investment Mega Bank

Afnai Bachat Khata

  • Minimum Balance - Rs. 1

  • Interest Rate – 2.75%

  • Features - Visa Debit Card..View All

Deposit Account
Citizens Bank

Citizens Smart Bachat Khata

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.76%

  • Features - Free 'Any Branc..View All

Deposit Account
Nepal Investment Mega Bank

E-Zee Savings Account

  • Minimum Balance - Rs. 50,000

  • Interest Rate – 2.75%

  • Features - Cheque Book Fac..View All

Deposit Account
Kumari Bank Limited

Kumari Subha Laxmi Savings

  • Minimum Balance - Rs. 500

  • Interest Rate – 2.75%

  • Features - Debit Card: As..View All

Deposit Account
Nepal Investment Mega Bank

Surakshya Bachat Khata

  • Minimum Balance - Rs. 5,000

  • Interest Rate – 2.75%

  • Features - Cheque Book: Fr..View All

Deposit Account
Rastriya Banijya Bank

Savings Accounts

  • Minimum Balance - Rs. 1,000

  • Interest Rate – 2.75%

  • Features - Attractive Inte..View All

Deposit Account
Global IME Bank

Global Normal Savings

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75%

  • Features - Attractive Inte..View All

Deposit Account
Kumari Bank Limited

Sabaiko Bachat Khata

  • Minimum Balance - Rs. 500

  • Interest Rate – 2.75%

  • Features - Any Branch Bank..View All

Deposit Account
Everest Bank Ltd.

Hatemalo Saving Account

  • Minimum Balance - Rs. 200

  • Interest Rate – 2.75%

  • Features - Free Issuance o..View All

Deposit Account
Himalayan Bank

Bishesh Saving Account

  • Minimum Balance - Rs. 2,000

  • Interest Rate – 2.75%

  • Features - Interest in sav..View All

Deposit Account
Sanima Bank

Sanima Nagarik Bachat Khata

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75%

  • Features - Free issuance o..View All

Deposit Account
Citizens Bank

Citizens Samrakshit Bachat Khata

  • Minimum Balance - Rs. 1,000

  • Interest Rate – 3.02%

  • Features - Free issuance o..View All

Deposit Account
Everest Bank Ltd.

Saugat Saving Account

  • Minimum Balance - Rs. 5,000

  • Interest Rate – 2.75%

  • Features - Integration of..View All

Deposit Account
Himalayan Bank

Family Savings Account

  • Minimum Balance - Rs. 10,000

  • Interest Rate – 2.75%

  • Features - Interest calcul..View All

Deposit Account
Kumari Bank Limited

Kumari Gajjabko Bachat Khata

  • Minimum Balance - Rs. 1,000

  • Interest Rate – 2.91%

  • Features - Debit Card: 1st..View All

Deposit Account
Sanima Bank

Samajik Surakshya Bachat Khata

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75%

  • Features - Free issuance o..View All

Deposit Account
Sanima Bank

Sanima Dirghayu Bachat Khata

  • Minimum Balance - Rs. 10,000

  • Interest Rate – 2.75%

  • Features - Free annual hea..View All

Deposit Account
Machhapuchhre Bank Limited

MBL Smart Plus Saving Account

  • Minimum Balance - Rs. 5,000

  • Interest Rate – 3%

  • Features - Free Cheque Boo..View All

Deposit Account
Everest Bank Ltd.

General Saving

  • Minimum Balance - Rs. 500

  • Interest Rate – 2.75%

  • Features - Easy Withdrawal..View All

Deposit Account
Himalayan Bank

Jeevan Surakshya Bachat Khata

  • Minimum Balance - Rs. 7,000

  • Interest Rate – 2.75%

  • No features available

Deposit Account
Sanima Bank

Sahaj Bachat Khata

  • Minimum Balance - Rs. 5,000

  • Interest Rate – 2.75%

  • Features - Free issuance o..View All

Deposit Account
Agriculture Development Bank

Sabai Nepaliko Bachat Khata

  • Minimum Balance - Rs. 0

  • Interest Rate – 3.44%

  • No features available

Deposit Account
Himalayan Bank

LCY Savings - Himal

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75%

  • Features - Interest in sav..View All

Deposit Account
Standard Chartered Bank

Access Plus Account

  • Minimum Balance - Rs. 1,000

  • Interest Rate – 2.76%

  • Features - Debit Card: EMV..View All

Deposit Account
Muktinath Bikas Bank

NORMAL SAVING ACCOUNT

  • Minimum Balance - Rs. 500

  • Interest Rate – 2.75%

  • Features - Any branch bank..View All

Deposit Account
Shine Resunga Development Bank

Shine Bachat Khata

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75%

  • Features - Interest paymen..View All

Deposit Account
Mahalaxmi Bikas Bank

Mahalaxmi Sunaulo Bachat Account

  • Minimum Balance - Rs. 2,000

  • Interest Rate – 2.75%

  • Features - ATM Card: 50% o..View All

Deposit Account
Mahalaxmi Bikas Bank

Mahalaxmi Baivab Bachat Khata

  • Minimum Balance - Rs. 5,000

  • Interest Rate – 2.75%

  • Features - Free Mobile Ban..View All

Deposit Account
Garima Bikas Bank

General Saving Account

  • Minimum Balance - Rs. 500

  • Interest Rate – 2.76%

  • Features - Free ABBS Facil..View All

Deposit Account
Shangri-la Development Bank

Shangri-la Normal Saving Account

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75%

  • Features - Age- Minimum 18..View All

Deposit Account
Kamana Sewa Bikas Bank

Normal saving account

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75%

  • Features - Debit Card Char..View All

Deposit Account
Kamana Sewa Bikas Bank

Samajik Surakchhya Saving Account

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75%

  • Features - Cheque Book :Fr..View All

Deposit Account
Jyoti Bikas Bank

Jyoti Smart Savings Account

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75%

  • Features - DEMAT account o..View All

Deposit Account
Jyoti Bikas Bank

Jyoti Samriddhi Bachat Khata

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75%

  • Features - NPR 100/- will..View All

Deposit Account
Lumbini Bikas Bank

Normal Saving

  • Minimum Balance - Rs. 0

  • Interest Rate – 2.75%

  • No features available

Deposit Account
Lumbini Bikas Bank

Premium Saving

  • Minimum Balance - Rs. 5,000

  • Interest Rate – 2.75%

  • Features - Interest Rate:..View All

FAQ'S

A deposit account held at a bank that provides principal security, a modest interest rate and high degree of liquidity, is termed as a normal savings account. 

Normal Savings account funds are considered one of the most liquid investments apart from cash. Savings accounts are thus ideal for keeping emergency money or money for daily expenses that you might need at a later date.

Various factors that need to be considered while choosing the right bank to open a savings account includes 

Apply online from bank's website. Also, you can visit the selected bank branch nearest to your locality to open the account. 

  • Online application may take some days. 
  • Offline account can be opened in 15-20 minutes depending upon the type of the account after submitting the completely filled Account Opening Form.  

To open an account, one has to maintain the minimum balance required as per the Account Type. No additional charges besides this will be levied.

Opening a joint account is the same as having a savings account except that two people will operate the account instead of one. Anyone above the age of 18 can open a joint account. Minors can also open joint accounts with one of their parents as the other signor of the account.

In order to activate a dormant account, you will have to:

  1. Contact your branch in person
  2. Fill and submit KYC form for activation of your dormant account
  3. Also, submit copies of current proof of identity and address for verification with KYC form.

There are no certain withdrawal limits. 

You have to visit the nearest branch with citizenship to close your savings account if needed. 

No you cannot open multiple savings accounts with the same bank. However, you can open a remittance savings account along with a normal savings account in same bank.